The Big Picture

Stiglitz pulls no punches in an op-ed in today’s NYT: "AMERICA’S economy is headed for a major slowdown. Whether there is a...

Front page story in today’s WSJ: In many ways, this is what a classic bear market looks like: After a long period of exuberance, a...

I totally agree: "It’s a sad testament to think the Fed has to cut interest rates eight days in front of a meeting to salvage...

A perfect example of why investors should not bottom guess! After the close, Apple gave weaker than expected guidance for the coming...

Things that make you go Hmmmmmmmmm: • Except for all the losses, U.S. Banks were wildly profitable last year (Bloomberg) •...

I have a new Apprenticed Investor column up at TheStreet.com, titled "Why Bottom Guess?" The premise is that most...

Welcome NYT readers: The What’s Online column linked to the wrong commentary — the post Dan was referencing was this...

No real worries here for today:

Good Tuesday morning. It looks to be quite the week, starting with a wee bit of a gap down this morning. I’ll have a post up...

The correct answer is, of course, never. Still, this cartoon amuses: via Ben Sargent