Commentary
What to Do Now as the End of QE Nears
If investors needed a reminder that global stock market rallies have been goosed by the Fed's lose monetary measures, they got it. On Wednesday, … [Read More...]
Closing Bell for Friday on Wall Street: Markets Open Lower, Fail to Break Out
U.S. equity markets opened sharply lower again this morning, but this time reacting to yesterday’s comments by Fed Chairman Ben Bernanke that the … [Read More...]
Succinct Summations of Week’s Events (May 24 2013)
Succinct Summations for the week ending May 24. Very light data week despite all the noise. Positives: 1. U.S. jobless claims fell 23k to 340k v … [Read More...]
What Obligations Do Mainstream Media Editors (e.g., The Washington Post’s) Have to Bar Their Regular Political Columnists (e.g., Michael Gerson) From Stating Bald Misrepresentations of Fact?
Compare:When people realize that their most personal, sensitive, intimate, private health-care information is in the hands of the IRS that’s been … [Read More...]
Lawler: Vegas Housing Market: “Sizzlin’ Hot,” and Yet So Cold
From housing economist Tom Lawler:Dataquick released its April report on Las Vegas home sales based on property records in Clark County, Nevada, and … [Read More...]
Mississippi sets a record for unreported subsidies
As I have written before, when states announce a major new investment, it is far more likely that the announced subsidy is an underestimate than an … [Read More...]
Whatever You Do, Avoid These 3 Stocks
As companies emerge from a rough stretch, their shares can quickly move back into favor with investors. Trouble is, the rebounding share price can … [Read More...]
Discussion in Spain on Leaving the Euro; Euro Exit Manifest
Some common sense discussion is taking place in Spain regarding the necessity of Spain exiting the eurozone.For example, please consider Opposition … [Read More...]
Update: The Two Bottoms for Housing
By request, I've updated the graphs in this post with the most recent data. Last year when I wrote The Housing Bottom is Here and Housing: The Two … [Read More...]
