The U.S. Economy Sinks at a 5.7% Rate in Q1’09
The U.S. economy receded slightly less than initially estimated in the 1st quarter 2009, according to preliminary estimates released today by the Bureau of Economic... Read »
Market Orders Can Burn
A coworker passed along a blog post with an anecdote about the oft forgotten danger in placing a market order trade. Although the story is nearly a year old, it... Read »
Why Do Chinese Save So Much?
My apologies, but once again I have been too busy travelling to post as often as I would like. I am currently in Malaga, in southern Spain, in my family’s home,... Read »
Surging Rate of Mortgage Delinquencies, Foreclosures
This video clip with graphs provided by the Financial Times addresses the surging rate of delinquencies, foreclosures, mortgage rates, and Treasury rates. The historical... Read »
Crony Capitalism: Sacrificing Integrity in the Name of Short Term Bank Solvency
Has the economic integrity of the United States of America been reduced to the level of a banana republic? This theme is recurring through many channels. In the... Read »
Asset Allocation: Thinking About Risk Premiums
What should we expect from Mr. Market? The answer’s always in doubt, but strategic-minded investors should run through the numbers anyway. It’s hard... Read »
The Risk of Deflation in the Eurozone
In January, Lucas Papademos, Vice-President of the European Central Bank ECB), strongly suggested that inflation would not fall much below 2% in the eurozone (see... Read »
Chicago PMI Resumes Downward Trajectory
The Purchasing Index shows significant weakness with the index falling from a reading of 40.1 to 34.9. The consensus expectation was for IMPROVEMENT to 42! Any reading... Read »
The Future of Manufacturing, GM, and American Workers (Part I)
What’s the Administration’s specific aim in bailing out GM? I’ll give you my theory later. For now, though, some background. First and most broadly,... Read »
Krugman Sees Deflation as a ‘Clear and Present Danger’
Nobel Prize winner Paul Krugman, argues in his latest New York Times column that the recent inflationary concerns expressed by many in the field are unfounded, and... Read »






