Quote of the Day: How Banks Lose Money
This is a classic:> "I don’t know why the banks had to find new ways to lose money when the old ones were working so...
2007 Volatility: Below Historical Average
I keep hearing how there was an unusual amount of volatility in 2007. That assessment is wrong. We have become used to the aberrationally...
New Column up at TheStreet.com (01/03/08)
The new Real Money column mentioned yesterday has been moved to the free TheStreet.com site. For some reason, its been retitled: 13...
How Far Might Housing Prices Fall?
Our original thesis back in May 2005 was that Home prices could retrace as much as 25%-35% from the peak to re-establish a normalized...
2007 Movie Theater Attendance = Flat
First CDs, then DVDs, concerts and now movie theater ticket sales "Ticket sales at North American movie theaters totaled $9.7...
Market Sentiment
As the indices accelerate to the downside — the Dow Industrials are off 240 points as I type this — its as good a time as any...
Crude Oil = $100
TBP: Wow! Congratulations, Mr. Crude Oil, that’s quite a number CRUDE OIL: Well, I appreciate your saying so — its been...
Yearly High to Low in One Day!
Today is one of the few times you can say we started at the year’s high, but quickly moved to the year’s lows. Now...
New Column up at Real Money (01/02/08)
My year end review of the lessons provided by 2007 is now up at Real Money. The details are at the subscription only site, but here are...