The Big Picture

The the era of big government is back, thanks to the Bush Administration. That’s the conclusion of a Brookings Institute study. The...

Bernard Bernanke on the thankless task of economic forecasting: “When I was a boy in South Carolina, my parents always advised me...

On numerous occasions we have written (more times than we care to recall) that this has been a unique recession/recovery cycle with a...

After years (if not decades) of failing to discharge their duties with diligence or honor, we have now reached the point where the SEC is...

An interesting view from the professional *OPM class: Many professional investors have thought that the market might have the usual fall...

A New Leaf: Welcome back to the red and green seas. We trust you had a relaxing summer. While you were away, quite a few things have...

An old joke thats totally apropos: I once asked a friend on Wall Street about the market. “I’m optimistic,” he said....

A few factual tidbits re: rising gas prices; (labor day weekend often marks the peak in gasoline prices for the year). Its a subject I...

The very able Jesse Eisinger of the WSJ this morning observes that the Feds have nobody to blame but themselves for Oklahoma stepping...

Houston Chronicle shut out of 2 more hearings By MARY FLOOD Fastow transcript still denied release, A federal judge held two more closed...