Its Non-Farm Payroll Day!
Yeah, its that god-damned time of the month again. The consensus for NFP is for 115,000, with a range of 50,000 to 147,000, according to...
The Hold Steady
While everyone is buzzing about the new Springsteen album Magic (I ordered but haven’t heard all of it yet), I want to direct your...
Return of the Spam Stock Tracker
A few years ago, we noted with wry amusement Joshua Cyr’s Spam Stock Tracker. Well, Josh is back with an updated version that is...
ECB on Core Inflation
Wow, turns out we were pretty timely with our response this morning. This morning, the ECB chief noted that the "risks to the...
Inflation: CPI, Core Rate, Inflation ex-Inflation
I have been a critic of the official inflation rates for quite some time. Recently, some have taken me to task for this. Brad DeLong...
Inside the Investor’s Brain
Last month, we got a terrific response to our posting of the entire first chapter of A Demon of Our Own Design. I want to start doing...
Are Markets Always a Discounting Mechanism ?
On Kudlow & Company last night, Doug Kass and Larry got into a debate (with Art Laffer refereeing) as to whether markets are a true...
WSJ: Free or Paid? (Yes)
Early 2006, I gave some unsolicited advice to the WSJ about their blogging efforts (WSJ Joins the Blogging Crowd). That was well...
Open Thread: New Market Highs?
I sat in on an interesting conversation today. It was with the CEO of a public company ($20B+ cap), a two major shareholders (only...
Pending home sales index drop to lowest level ever
Ouch! The WSJ reported: "The battered housing sector took another blow Tuesday, with an industry group reporting that a gauge of...