The Big Picture

Highlighting the fact that markets anticipate economic events, we see payroll picture is finally improving. Although this post-recession...

Kenneth H. Thomas, Lecturer in Finance at Wharton, was kind enough to allow us to reproduce portions of his research. “Fed...

Barron’s resident curmudgeon asks the question: Is the Fed Chief too tight with the President? Based upon research done by Wharton...

Arnold Kling discusses the concept of Wealth. Arnold is an interesting and thoughtful economist who usually provides intriguing food for...

I’m a few chapters away from finishing the book “Bull! A History of the Boom 1982 – 1999” by Maggie Mahar, a...

I’ve long held that the music industry’s artificial price maintenance is the source of a huge amount of their problems. I was...

DJMT reports “the good stuff” from Fed Gov Bernanke: “In the past few months, long-term interest rates have risen 100...

Wednesday’s rally started out promising: The initial up/down volume was 9-to-1 on the Nasdaq, and an even stronger 12-to-1 on the NYSE....

The S&P500 managed to bounce off its support line at the 200-day moving average several times over the past few days. Each bounce...

Paul Kasriel of The Northern Trust Co. says the surprise isn’t that Greenspan was tapped for an extended stay at helm of Fed but...