"An improving market would allay concerns at the Fed that sales will relapse after the tax credit expires. It would also give Fed Chairman Ben S. Bernanke and his colleagues, who meet this week in Washington, a freer rein to…Read
The cover story of Barron's is on public pensions, an issue I have been railing about for years, and heatedly so for several months. Please consider The $2 Trillion Hole. LIKE A CALIFORNIA WILDFIRE, populist rage burns over…Read
Pelosi says she has the votes Boehner: If Pelosi had 216 votes to pass healthcare, 'this bill would be long gone' Dem House vote-counter lacks health care votes now Stupak: They Just Want This Over Lehman: Whats in Repo 105…Read
Health care legislation has been a focal point for national debate for more than a year. One way or another, the fate of legislation supported by President Obama will soon be decided -- probably this week. The final…Read
Video: From tonight's 60 Minutes broadcast -- Michael Lewis writes about a handful of Wall Street outsiders who realized the subprime mortgage business was a house of cards and found a way to bet against it -- March 14, 2010 I…Read
Health care legislation has been a focal point for national debate for more than a year. One way or another, the fate of legislation supported by President Obama will soon be decided -- probably this week. The final…Read
By late 2009, as the U.S. dollar flirted with multi-year lows against most foreign currencies, big investment players crowded into trades that shorted the greenback. Commentators noted that the anti-dollar momentum had…Read
By Washington. Note: I can’t get the videos to embed. Please click here to see videos. This is an open letter to the economics, finance and banking communities. I don’t have any dog in the fight, other than to…Read
How Is Credit Created?I pointed out in September:As PhD economist Steve Keen pointed out recently, 2 Nobel-prize winning economists have shown that the assumption that reserves are created from excess deposits is not true:The…Read
The new Obama Fed is going to be very dovish when it comes to fighting future inflation and defending the value of the dollar. The president has nominated Janet Yellen to be vice chair of the Federal Reserve. Ms. Yellen is a…Read
This will be a busy week with two key housing reports released on Monday and Tuesday: Builder confidence and Housing starts.On Monday, the Fed will release the February Industrial Production and Capacity Utilization report at…Read
tweetmeme_source = 'jutiagroup'; Most people that are familiar with my writings are well aware of my discontent with our government in the way they tax and spend. And worse is the way they spend us…Read
I had the great pleasure of meeting Marc Faber in person over the past couple of days after having exchanged emails with him about various things for the past several years. Marc is not only extremely knowledgeable about…Read
By late 2009, as the U.S. dollar flirted with multi-year lows against most foreign currencies, big investment players crowded into trades that shorted the greenback. Commentators noted that the anti-dollar momentum had taken…Read


