The Big Picture

Markets up smartly on the heels of Bernanke’s speech last night. The panic had become palpable, leading to dovish comments from...

Yesterday morning, Commerce released the New Residential Sales data. Encouragingly, the media has caught on to the monthly nonsense built...

Of all the portable media players I have used (and thats lots), none compares very favorably to the iPod. But as of late, the gap...

A studio executive explains the Hollywood writers’ strike (as written by striking Colbert Report writers). Bloody brilliant. Also,...

Today’s chart-porn is this depiction of the tightening credit cycle from a front page NYT article. The chart itself was too...

One of the things people do not understand is a basic truth about the BLS, BEA, Commerce Department, and other government data sources. I...

Here’s the WSJ lede on GDP: "The U.S. economy soared last summer, growing at a rate much stronger than earlier estimated, but...

A tale of two headlines: Inflation Fears Hit Eurozone and Goldman Sees Funds Rate Cut to 3%...

Its been quite a while since I let loose with a "the-Recording-Industry-is-too-dumb-to-live" rant. Well, I’m overdue:...

A very funny post via The Trading Goddess: Look closely . . .