The Confidence Problem

Stocks just ended their worst quarter since the financial crisis. The Nasdaq and S&P 500 each lost more than 12%.
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A Bullish Number

Tuesday’s late reversal had investors worried that a Hope Rally was fading quickly. But we should note that stock price moves always have a lot to… Read more

EU Bailout Plan Takes Shape

There’s a rumor making the rounds that EU will forgive 50% of Greek debt and increase the ESFS bailout fund to 2 trillion euros.
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What Will it Take?

It’s hard not to miss the tone of Germany’s leader, Angela Merkel, who, over the weekend, said Europe must be able to put a “firewall” around … Read more

Dow’s Sickening 283-point Plunge Wednesday Extended into Thursday

At first glance, it might have been easy to miss the part of the Fed’s statement where the word “significant” had been added to the phrase … Read more

The Fed Speaks

After Congressional Republicans sent Fed Chief Bernanke a letter that politely demanded the Fed cease on desist on all stimulus activities, I half… Read more

Where Will the Debt Go?

Forgive me if I am forced to delve into Europe and its debt again today.
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Why the Fed is Better Than the ECB

U.S. Money Market funds aren’t buying as much Euro-bank debt anymore. Read more

Who is Responsible?

Not only are we failing to get any traction to employment due to the stagnant economy, companies that have screwed up are … Read more

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