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Dan Dorfman
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Dan Dorfman has written financial columns for the Wall Street Journal, USA Today, New York and Esquire magazines. He has also been a market commentator on CNN and CNBC.

Blog Entries by Dan Dorfman

More Outrage Coming at the Pump

(32) Comments | Posted March 13, 2011 | 5:40 PM

Ugh! If you're planning a getaway for the July 4 weekend, you may have to shell out another $1 to $1.25 a gallon at the gas pump, more than 40% higher than current levels.

That essentially is one of the ugly travel scenarios that emerges from a current...

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June 30 Could Be The Ides Of March

(8) Comments | Posted March 9, 2011 | 11:49 AM

Strong, graphic language, but just the kind you might expect from fixed-income goliath Bill Gross, the managing director of PIMCO, the world's biggest bond fund with assets of more than $1 trillion.

In brief: "By eliminating QE2," he says, " the Federal Reserve would be ripping a Band-Aid off...

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Safe-Haven Gold Could Turn Cold

(15) Comments | Posted March 6, 2011 | 3:19 PM

It's what the treacherous and fluctuating investment arena is all about. One day you're a hero. The next day, you're a bum.

Take gold, the darling of the safe-haven crowd and unquestionably one of the hottest investments on the planet. But suddenly, a lot of folks are bad-mouthing the yellow...

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On the Trail of the Next Revolution

(17) Comments | Posted March 1, 2011 | 6:02 PM

From Tunisia to Egypt to Libya. So where does the parade of revolutions head next? Did I hear someone blurt out Bahrain, Yemen or maybe Oman? Sounds reasonable to me since all three have been stung by recent protests and riots.

Or maybe, suggests Jordan militant and trader Caise Hassan,...

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The Return of the Brothers Grimm

(5) Comments | Posted February 28, 2011 | 12:06 PM

Fairy tales are supposed to be the province of the young. Not anymore. The brothers Grimm wrote their first volume of them in 1812. And now, nearly 200 years later, they seem to be making their way to Wall Street.

Here's the story. If I told you that the...

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Risky Roadmap to $7 a Gallon Gas

(34) Comments | Posted February 25, 2011 | 5:50 PM

Like you, I have no idea how far the outbreak of the political unrest will spread. Not so the experts, who basically echo the signature line of the late comedian, Jimmy Durante, "You ain't seen nothin' yet."

Simply put, that means, some Persian Gulf watchers say, more political uprisings, swelling...

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Housing Could Sink Recovery, Squash Obama

(63) Comments | Posted February 21, 2011 | 2:20 PM

Hey, it's now common talk that we're on a solid road to recovery. Likewise, that President Obama, now gaining in the polls, is likely to win a second term.

Maybe so, but if one perceptive and skeptical economic mind knows what she's talking about, both are about as credible as...

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Too Many Bulls Could Gore Stocks

(8) Comments | Posted February 18, 2011 | 4:25 PM

Rampant bullish fever is scaring a growing number of market watchers. No wonder. It's generally a prelude to a sizable market decline.

One UK money manager who was recently in the U.S., tells me he's deeply concerned by: the "overwhelming bullish sentiment" here -- both on the part of...

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Bulls, Bear and a 'Crackpot'

(2) Comments | Posted February 16, 2011 | 9:14 AM

After a particularly biting response to a recent column, I decided to take what may be the coward's way out by seeking personal refuge in a Dale Carnegie quote: "Any fool can criticize, condemn and complain, and most fools do."

The biting response came from a HuffPost reader in Dallas...

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Worrisome Words From Jordan

(28) Comments | Posted February 12, 2011 | 4:13 PM

As an independent trader of stocks, bonds and commodities who tells me he was up more than 100% last year and is humming again in 2011, Caise Hassan's thoughts on the financial markets would seem to be worth a lot more than his views on the Mideast turmoil.

Maybe not....

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Palin Pales in Presidential Betting

(1) Comments | Posted February 7, 2011 | 6:39 PM

Political chatter is heating up. Ditto political betting. So let's look at some of the latest and newsiest nuggets on the next U.S. presidential race through the betting odds at the United Kingdom's William Hill, one of the word's largest and most influential bookmakers. In brief:

- The big political...

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Dire Warnings From a Bear And His Parade Of Stinkers

(21) Comments | Posted February 5, 2011 | 1:01 PM

If anything, the latest bummer of an employment report, last month's creation of just 36,000 jobs, versus a widely anticipated gain of 130,000 to 150,000 jobs, is a renewed S.O.S. that the wave of euphoria engulfing Wall Street may be way overdone.

Apparently investors don't want to hear about...

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Lady Dracula Sees Gobs Of New Jobs

(5) Comments | Posted February 2, 2011 | 3:45 PM

For the moment, at least, America's biggest economic worry -- the lofty unemployment rate -- may finally be taking a decided turn for the better.

In December, 103,000 new jobs were created in non-farm payroll employment. The January number, to be reported Friday by the Bureau of Labor Statistics, could...

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Wall Street Blind to Egyptian Crisis?

(26) Comments | Posted February 1, 2011 | 1:49 PM

"It was like avoiding an atom bomb, or in this case, a financial bomb," quipped one Morgan Stanley trader.

That was his reaction to Monday's surprisingly strong stock market performance following Friday's wicked 166-point decline in the Dow in the wake of the Egyptian riots.

The consensus of some...

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Lurking Oil Shock Could Wreak Havoc

(23) Comments | Posted January 28, 2011 | 8:17 PM

After reading in a local paper that he had died, a very live Mark Twain emphatically denied it, uttering that now famous quote: "The reports of my death are greatly exaggerated."

It may be the same thing can be said about our most recent recession, which, given the onset of...

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What Recovery?

(1) Comments | Posted January 25, 2011 | 9:46 AM

We hear it from one enthusiastic economist after another: The cheery news that a U.S. economic recovery is well under way. And they're quick to offer a slew of statistics to document their vision of a perkier economy, ranging from climbing figures on retail sales to rising numbers on the...

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The Man Who Turns Water Into Gold

(13) Comments | Posted January 22, 2011 | 11:47 AM

When we're young, we build castles in the sand. And when we grow up, some of us build empires.

One fella intimately familiar with the empire-building process, a relatively unknown name to the masses, unlike such nationally known empire builders as Warren Buffett and Bill Gates, is 67-year-old Dick Heckmann....

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Big Gold Pop Apt to Follow Gold Drop

(1) Comments | Posted January 20, 2011 | 3:45 PM

Even Superman has his bad days. We saw that last Sunday when the New England Patriots, widely viewed as the Superman of football, were beaten by the underdog New York Jets.

We saw it again in recent months when gold, the investment arena's Superman, switched from the man of...

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Stars Signal More Political Uheaval

(0) Comments | Posted January 19, 2011 | 1:37 PM

Hey, we may be getting bad news from up above. The political upheaval we saw in 2008, with lots of incumbents fired by angry voters, is apt to continue big time in 2012. Not only that, it could cause a couple of political biggies -- Barack Obama and Joe Biden...

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The Good, the Bad and the Ugly of Quantitative Easing

(14) Comments | Posted January 14, 2011 | 11:19 AM

"Where did you dig him up?" asks a HuffPost reader in Houston, who criticized a piece I did last week quoting an economist who predicted slow economic growth and a mediocre stock market in 2011. In an e-mail, the reader wrote,

Has your Rip Van Winkle economist ever heard...
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