The Big Picture

I somehow overlooked David Sylvester’s year end wrap up for the San Jose Mercury News, located in the heart of Silicon Valley...

We previously discussed how “Music Sales were Rising on Aggressive Discounting, Price Competition and an Improving Economy.”...

One of the single most intriguing questions we hear is the following: “Is this a secular Bull market, with expectations of continued...

The large cap SPX has formed a bearish rising wedge, while breaking out over the top line of its rising channel. Combining with...

Back in September ’03, we discussed the inevitable decline of Kodak (Kodak? Buh-Bye!). The Economist has an interesting article...

Source: Another Run for the Bulls: Fabulously Low Interest Rates Help End Markets’ Decline, but Investors Wonder How High Stocks...

New York Times’ Floyd Norris on the 2003 market: “So powerful was the market’s advance that many stocks –...

via NYT http://www.nytimes.com/2004/01/01/business/01STOX.html?hp

Holy Cow! I TiVo’d Kudlow & Cramer last night (New Year’s Eve). Larry Kudlow, interviewing Glenn Hubbard, asks:...

A quick post before heading out for New Years (what type of wonk feels compelled to write about these things on New Years’s Eve? I...