My Two Cents

Pop quiz for all you political junkies out there: Who said this?...

This is worth noting. It comes from an analysis of today's retail sales figures by Bernard Baumohl, managing director, the Economic Outlook Group:...

I got an email press release the other day trumpeting, among other things, the following:...

Well, employers didn't cut anywhere near the number of workers expected by a majority of economists. Payrolls dropped by -20,000 vs. a consensus...

Here's the question I posed earlier in the week:...

I think America's embrace of household debt is on the wane for a number of reasons. Among the most important reasons is that lenders have learned...

Most Americans are well aware that we have greater poverty here than in Europe. We don't redistribute as much money from the well-off to the poor....

Warren Buffett's annual report is always a wonderful read, full of insight and investment wisdom. A number of people have talked to me about this...

The decline in consumer spending will drag on the economy for a considerable period of time, even when the economy emerges from recession. It's...

Zvi Bodie,finance professor at Boston University, pointed out today that that with I-bonds the fixed 30-year rate of interest is still 1.2% per...