U.S. Great Depression & Profits from HOV and GHM

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Former Czech Prime Minister and European Union President Topolanek called the U.S. economic stimulus plan "a road to Hell." He claims the Fed, Treasury and Administration of… Read more

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Hovnanian and Graham

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Yesterday, I suggested that this rally was unlikely to retrace much ground and … Read more

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Economists vs. Strategists

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497? What, the Dow Industrials can’t crack 500 points? 
I’m kidding, of … Read more

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A Trillion Here, A Trillion There

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A trillion here, a trillion there. Pretty soon, we’re talking about real money. … Read more

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Oil and Recovery

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Oil prices have moved over $50 a barrel. There are a few factors at work here. OPEC’s cut production. Of course, that’s been ongoing, and OPEC’s moves have done… Read more

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Inflation Coming?

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Yesterday, the FOMC voted unanimously to buy over $1 trillion dollars in U.S. Treasury bills, corporate bonds, mortgages and consumer debt.  
Chief economist at Bank of New… Read more

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The Good Times Roll?

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Investors let the good times roll again yesterday, pushing the Dow Industrials up over … Read more

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S&P 500 Support

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I have never seen a company more determined to make itself universally reviled than AIG. It truly boggles the mind that anyone at AIG, especially those in the financial… Read more

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Bernanke Beats the Drum

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Fed Chief Ben Bernanke keeps beating the "Recovery in 2009" drum. It seems he’s confident that the measures taken by the Fed, Treasury and Administration will free up the… Read more

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