State Of The Union
The President will deliver the State of the Union address Tuesday night. He will probably offer a laundry list of programs that he’d like to spend more money on and the Republicans will respond with a laundry list of reasons why the President’s list is a bad idea. The President will say that he intends .. read more
A Welter Of Worries
It is said that bull markets climb a wall of worry but if that were true, then Wall and Broad should look like downtown Pamplona in July with market bears gored, trampled, spindled, mutilated and wrapped around the buttonwood tree. The list of worries for investors seems to grow by the day with slowing Chinese .. read more
Down the Rabbit Hole
“If I had a world of my own, everything would be nonsense. Nothing would be what it is because everything would be what it isn’t. And contrary-wise; what it is it wouldn’t be, and what it wouldn’t be, it would. You see?” From Alice in Wonderland I’m quite sure that Charles Dodgson – better known as Lewis .. read more
Bulls Still Running
Ben Bernanke nearly collapsed a lung patting himself on the back last week at the annual Jackson Hole economic wonk confab. According to the Great One himself, it is only through the heroic efforts of the Fed and Treasury that the financial sun continues to climb above the horizon each morning. Of course, he didn’t mention that .. read more
