Glimmers Of Hope For The Economy?
We have been pointing out for over a year now that the trend in the economic data has been negative and we’ve taken some grief for that as the stock market has marched higher. Jeff Snider, in particular, has been raked over the coals by some commenters (public and private) for his reporting on the .. read more
The Big Lie
By Brian Cronin Last Friday was the 25th anniversary of the Crash of 1987. On Black Monday, the Dow tanked 508 points (about 23%) and those who were invested lost over $500 billion. By January of 1989 it recovered all it had lost. Compared to where we are now, it was a drop in the .. read more
History Repeats Itself Because No One Was Listening The First Time
File these under Joe Calhoun’s “everything has already happened” theme. In doing research for last Friday’s RealClearMarkets column I happened to read the Republican Party Platform. I was mostly interested in the Gold Commission/hard money initiatives, but some of the other “planks” offered a very telling glimpse into the party’s positions: They [The Democratic .. read more
