May 12, 2013

In a weekend dominated by discussion of the “Taper Tantrum”, i.e., interpretations of what Hilsenrath “said” after the close on Friday, …

May 07, 2013

Since the mid-November lows, the S&P 500 has gained a remarkable 268 points on the back of faith, hope, and …

May 06, 2013

For a while there, it seemed that even the densest of career economists who try to pass for stock pundits …

May 05, 2013

The Federal Reserve’s extreme monetary policy has done nothing but repress ‘safe’ assets to the point of making ‘risky’ assets …