The Big Picture

Markets opened strong, then rolled over and went negative. If you were a pure contrarian, you would think that sentiment readings were a...

The freefall in housing continues, but with a silver lining: HOUSING STARTS: Privately-owned housing starts in May were at a...

The 3rd and final part of the WaPo series is posted, and this one is subtitled: "How the housing bust started a panic in Florida,...

Last year, we looked at the issue of risk adjusted gains for the S&P500, and most especially for the Financial sector. At the time,...

Naked Capitalism looks at the question "Just How Did Lehman Delever?" I tracked Lehman’s (LEH) stock action before and...

The Fed is putting the spotlight back on inflation concerns: click for video

Interesting Bloomberg article this afternoon on corporate profits and raw cost inputs: "Inflation is eliminating the rewards of...

Everyone seems to be all abuzz about a Robert Novak column in today’s Washington Post. "Speculation that the Federal Reserve...

Well, almost — it hit $139.89 earlier today (July contract, expiring Friday June 20th)

If anyone is around Central Park South today, I am giving a short presentation on currency, Fed policy, and debt and how it impacts...