On the Fed: The Fed doesn’t pay any attention to asset bubbles when they grow. That’s their official policy. But they flood the system with cash when bubbles burst. They [...]
With consumer confidence dragging along the sea floor it is critical that we understand the ramifications. Does crappy confidence lead to crappy equity returns? Ken Fisher conducted some research back [...]
James Montier of GMO releases his latest missive (Is Austerity the Road to Ruin?). In it he quotes Christina Romer: In early 2009, Christina Romer, Chair of the Council of [...]
Do you have a mortgage? Thinking of refinancing? Or even trading up? With mortgage rates at super-low levels many are taking the short-term hit to gain some long-term savings. The [...]
A not-widely distributed report on drug shortfalls around the US, potentially due to budget cutbacks? “A wide range of Emergency Care Drugs used by first responders and hospitals are now [...]
The best and the worst from around the web. Your Monday morning reading for the commute, office or the can.
Don Hays, founder of Hays Advisory Group, discusses his view of the European bank stress tests, and the prospects of a double-dip recession.
Wikileaks with a groundbreaking release of over 70,000 documents on the war in Afghanistan. WikiLeaks today released over 75,000 reports covering the war in Afghanistan. The Afghan War Diaries an [...]
The 17 firms are American Express, AIG, Boston Private Financial Holdings, Capital One, Bank of America, CIT Group, Citigroup, JPMorgan Chase, M&T Bank, Morgan Stanley, Regions Financial, SunTrust Banks, Bank [...]
