The Big Picture

>Its the regular 5 pm appearance on Kudlow tonite on CNBC: The discussion will cover today’s market schmeissing, the oil trade,...

The Dow is off 395 points as I type this. There will be some short covering shortly, and a rally attempt. But what I want to address is...

We have been focusing, over the past few months, on the credit contraction issue, and what this means to the markets. The recent weakness...

"David F. Seiders, chief economist of the National Association of Home Builders, said the unexpected weakness in recent months had...

The Mercury Prize nominations came out while I was away this past week. They are the British equivalent of a Grammy. Update: The Mercury...

Earlier today on Real Money’s columnist conversation, Tony Crescenzi noted earlier that "It would be extraordinarily unusual...

What is the inter-relationship between Housing, LBOs & Stock Buybacks? Last month, I noted 6 reasons why rising yields were a threat...

An amazing conference call with Countrywide Financial (CFC), the largest US mortgage underwriter. It was beyond ugly. Here are some...

Interesting chart from Mike Panzner of an "enhanced money market fund" that — allegedly — used subprime-related...

I am back home, rested and refreshed after a wonderful few days on the lakes of Maine (and a grueling weather impaired return trip). I...