My Two Cents
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From This Collection
Is It Fair? No.
Aug 8, 2008
Congress and the White House moved with surprising speed (measured by Washington legislative time, of course) last month to pass a bill aimed at...
Everything Looks Bad
Jul 26, 2008
The stock market is down, Housing is down. David Rosenberg, chief economist at Merrill Lynch, offers up this assessment:...
Something To Really Worry About
Jul 22, 2008
The economy is weak. We're probably in a recession. And it's hard to see the economy bouncing back anytime soon. I also expect it will take longer...
Citigroup Earnings Are Worrisome
Jul 20, 2008
The stock market staged a stong sigh-of-relief rally on friday on news that Citigroup's $2.5 billion dollar loss was better-than-expected....
The Airlines
Jul 18, 2008
There's probably little that I and Kimberley Strassel, editorial writer for the Wall Street Journal, agree on when it comes to the economy and...
Greenspanism Is Good?
Jul 17, 2008
Right now, its popular to blame Greenspan and the Fed for what ails the economy. Just read the screeds coming out of the editorial page of the Wall...
For public good, not for profit.
Inflation? Deflation?
Jul 16, 2008
The headlines are scary. U.S consumer prices soar. Consumer prices rise at an accelerated rate....
Presidential Market and the Dow
Jul 15, 2008
One way to track how the election is going is through political prediction markets. These futures contracts, which bet on the election outcome,...
Inflation Inequality?
Jul 9, 2008
Income inequality has worsened ovre the past three decades or so. Economists in the Global Economics Research area of UBS recently took a look ...