NAR data for May confirms earlier data from CoreLogic, Dataquick, and Department of Numbers.com that housing prices continued to make new 12 month highs in…
Morgan Stanley Chief Defends Facebook HandlingWall Street JournalContrary to some reports, he said, he wasn't "aware of any dissent" among the underwriting firms regarding Facebook's IPO price of $38 a share. A Morgan Stanley spokeswo…
A new survey of Fortune 100 companies finds that the health care overhaul, contrary to the claims of its authors, created some perverse incentives for…
The regular Weekend Update will be posted before the open.
Important note for the general public: These charts are for speculation and discussion, they are not preferred counts. In other words, they are possibilities/potentials which …
Today’s retail sales report was far from a reason for the market to party. The media are reporting that on a seasonally adjusted basis, nominal…
Good piece from the Financial Armageddon website….
Although the images featured in the following four reports might make you blush with embarrassment, they are not titillating at all. On the contrary, any red-faced awkwardness you experience after…
Does Dow 12000+ Feel Like the Days of Dow 14000+?
If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks. – John (Jack) Bogle
Isn’t the above quote exactly the current problem? Majority of participants can’t even…
Jim Chanos, founder of hedge fund Kynikos Associates, is arguably the most well-known short-seller in the world, having predicted the high-profile demise of companies like Enron. Now, Chanos is setting his sights on China, the world’s second largest…
November 18, 2010, 8:45 am
Were the Bush Tax Cuts Good for Growth?
By DAVID LEONHARDT
Liz Peek at FoxNews.com congratulates me for writing about the importance of economic growth. So in the spirit of maximizing growth, I want to pose a question: Why …
Tax cuts: Small biz fact check
NEW YORK (CNNMoney.com) — Republicans say raising taxes on the wealthy would cause small businesses to pull back on hiring. Many leading Democrats say that’s nonsense. Who’s right?
The answer isn’t black and white, de…
