One of the weekly newsletters I get and enjoy is by the financial advisor John Maudlin. In his latest newsletter he relays a conversation he had…
Deflation is still a fear, but the downward price pressure is growing. David Rosenberg, economist at Merrill Lynch, highlights changes in the labor…
Here are some scary numbers, courtesy of David Rosenberg, economist at Merrill Lynch:…
How scared is the Fed that the economy has fallen off a cliff? It seems very, very scared by lowering its benchmark interest rate to between 0% and…
The producer price index (PPI) for finished goods fell by 2.2% in November, according to the Labor Department. That follows the record drop of 2.8%…
From Paul Krugman's Nobel lecture. Good advice for anyone trying to think through a problem:…
Why are we bailing out the auto companies? Why not just bailout the workers? In other words, lets take the money and give it to the workers. They…
Is the U.S. taxpayer really going to bail out an investment by one of the leading private equity firms? The very politically connected private…
My latest musings at Business Week:…
Ben Bernanke is one of the truly great scholars of the Great Depression. Bernanke doing a terrific job fighting the great depression of the 1930s….