The Big Picture

Last Summer, we looked at the question why Gasoline prices shoot up so quickly, but take much longer to drop. As the chart nearby shows,...

A observation rant: Why are certain blogs closed, i.e., no comments allowed? These blogs are often riddled with simple...

I did another Radio Economics interview this week (here). This time, it was with Dr. Mark Thoma or Economist’s View. We discuss the...

Today, Google introduces Blog Search, thus ending a long running frustration of bloggers everywhere with Technorati. Google reminds...

Wall Street has been sifting through the horrific reports out of the Gulf of Mexico. Their rose-colored glasses allowed them to see...

The DOW has made higher lows and is now in the process of pulling back to its trend line. This is consistent with a minor retracement...

The Manpower Hiring Survey is interesting to me — not because of the blah blah blah it contains — but due to the uncorrelated...

More than a few of you have emailed me about Richard Russell’s "Bullish reversal." Jeff Saut made short work of that...

Have I been too hard on the Conference Board? Has my criticism of their modification of the LEIs been unjustified? I think not, but my...

I wanted to address some of the historical comparos as to why the market has been moving higher, despite what is obviosuly (at least to...