MicroStrategy is the world's largest…
Gold soars to record highs…
Banks face challenges in meeting…
I wrote last week about big changes coming to financial regulation in Europe. Look for the sequel soon in the U.S. America is buckling down for a new era of…
Last week, octogenerian Paul Volcker lost his grip. Volcker, who was the Fed chairman before Alan "Bubbles" Greenspan, remembers a time when the Wall Street (aka. the Financial Industry) worked…
I managed to catch a few comments on TV yesterday in the distinct northern accent of Jim O’Neil, the fabled analyst who invented the “BRIC” term, and who has been…
Things seem pretty good in the markets these days. Gold once again touched $1,300/oz yesterday. And there's growing talk of $1,500. Base metals prices have remained firm. And equity…
Ireland is high on the list of, “Things that Could Go Wrong Big Time”. The numbers are so scary that they are encouraging. Ireland is a TBTF. If there were…
THE ECONOMIST ADDS ELEVEN NEW SPEAKERS TO 2010 BUTTONWOOD GATHERING LINE-UP. Peter Orszag, Neal Wolin, Jeffrey Sachs, Robert Rubin, And Others To Join Discourse On Global Finance And Economy (NEW…
You may have missed it, but this afternoon a slumbering giant with a formidable arsenal of economic weapons began to awake. That giant is the Fed and its formidable arsenal…
There is a wonderful conspiracy theory propagated by Tea Partiers that has been making the rounds in the financial markets for the past several months. In a desperate attempt to…
Big news out of Europe today. The European Parliament has endorsed the "EU financial supervision reform package". Basically, this is a series of principles aimed at creating a cohesive regulatory…
The Mainstream Media in the U.S. has presented two basic approaches to understanding China's real estate bubble: 1. There is no bubble in Chinese real estate, as demand for housing…
You'll find there are certain themes that reoccur often in this missive. One of them is U.S. credit. Analysts look at a lot of different numbers to try and figure…
What will the Republicans winning in November mean for your portfolio? This is an easy call to make. Expect a dramatic roll back of the leftward policies the country has…
It's still happening. Eight months on and counting, expected inflation continues to fall at a steady pace as seen below: …
One of my favorite math professors always used to tell me that statistics were like bikini bathing suits. What they reveal is fascinating, but what they conceal is essential. If…
I am constantly asked where to find safe places to park cash by investors understandably unhappy with the risk/reward currently offered by the markets. Any reach for yield now carries…
There's certainly been no shortage of news to analyze lately. One of the biggest items being the Federal Reserve's announcement that the agency will restart its buying of U.S. Treasury…
Nobody knows the future, so the best we can do is strive for an open mind and flexibility in our thinking and responses. In 1904, the "fact-based" consensus was that…
Barton Biggs, founder of mega hedge fund Traxis Partners, spent an hour outlining his current investment strategy with me. Barton is a man of strong opinions, backed with intensive research,…
The great thing about interviewing Joseph Stiglitz over dinner is that you don't have to ask any questions. You just turn him on and he spits out one zinger after…
China's "nuclear option"--selling its vast stash of U.S. Treasuries to wreak havoc on the U.S. economy and interest rates--has been downgraded by the flood of U.S. investors who have exited…