The Big Picture

All I can say is, thank goodness we have no inflation! Source: Jeff Parker, via Cagle Cartoons

Have a look at this trend channel on the Nazz, coming to us via Chart of the Day; Note that the trend dates back to the pre-election low...

The NYT’s Floyd Norris jumps the gun on CPI and Owner’s Equivalent Rent this morning: "Since 1983, the government has...

This is the regular gig : Today’s Kudlow & Company, is on CNBC today at 5pm. I’m scheduled to be on from 5:20 to...

A few readers asked about the earlier trade I mentioned, and what it means to my longer term views, now that most major indices are...

This is so f%*&ng funny, I had to interrupt today’s market debacle for a quick laugh: > >You may now return to your...

The VIX is now over $20, a level not seen since 2003. I have sold some of my SPY Puts just as a function of their gains; I still have a...

I love when an idea simultaneously blooms all over at once. If we saw the same meme suddenly pop up all over the mainstream, that would...

They finally got the Sonofabitch C&%*sucker Zarqawi. About time. That’s the good news; the bad news is, markets don’t...

This post is an experiment — there are now enough people commenting here regularly, that I’m curious what happens if we just...