Trouble with banks was one of the first harbingers of what has become known as the Great Recession, and of the lackluster recovery that has followed. Perhaps an improved banking environment will be an early signal that the economy is finally getting healthy again.
No matter what anyone tells you, it stands to reason that this European crisis is significant and will be around for quite a while longer. What will markets do?
How good is the Federal Reserve at its job?
That can be a difficult question to answer. Monetary policy is subjective, and it can take years before t...
Memo to those who are out of work: Don't get your hopes up this year. Federal Reserve Chairman Ben Bernanke said on Wednesday that the central bank di...
The European Central Bank's generous lending to banks is not boosting liquidity in the European economy as much as intended, according to a leading Fr...
Households are earning so little from their bank accounts that Bank of America, the largest U.S. lender, has pocketed about twice as much cash this ye...
Amar Bhidé recently offered up a deceptively simple solution to bank regulation when we proposed a cap on retail deposits. But was he also implicitly proposing something else?
Take the money earmarked to large, corrupt and failing banks that wretchedly brought us to the precipice, and have the FDIC offer matching capital to anyone setting up a new community bank.
The new budget President Obama proposed last week is no less than another American revolution, an economic revolution that changes the very fundamenta...
The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.
It's not the government's job to make stocks go up. It's their job to ensure stability and confidence to counter the fear and panic now so prevalent all over the world. Markets will find their own equilibrium when that happens.
Housing prices have to fall because they have been inflated for years, but they will ultimately reach an economic equilibrium. When that is accomplished, the financial system will recover.
Bear markets are difficult experiences, but they provide unique prospects. I believe we will look at the present U.S. stock market valuations as perhaps the best investment opportunity of a generation.
What should be intuitively clear is that spending is no way to repair our woes. Indeed, spending irresponsibly is exactly what got us in the current lugubrious position.
The mere existence of the SEC gives investors false confidence, lulling them into reduced vigilance and making them think they are protected when they are not.
By the time a recession ends, the market has already rebounded to much higher levels off the bottom. The most pessimistic periods economically has been the best time to buy stocks.
According to data by Davis Advisors Funds examining the S&P 500 returns in the 15 years span between 1993 and 2007, the patient investor who remained ...
Throwing taxpayers' good money into that sink hole called the US auto industry will be tantamount to a transfer of wealth from tax payers to GM employees.
Barack Obama is faced with very high expectations. There is only a small likelihood that any human being could actually deliver a performance commensurate with those expectations.