Crisis of Confidence
Seeing the news headlines, clearly people are frightened.The issue we are faced with today is shortage of confidence, not shortage of capital.
Seeing the news headlines, clearly people are frightened.The issue we are faced with today is shortage of confidence, not shortage of capital.
Alan Schram | Posted 11.24.2008 | Business
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.
Alan Schram | Posted 11.20.2008 | Business
Paulson is now on his third plan for how to spend the cash Congress gave him. Nobody knows what he will do next.
Alan Schram | Posted 11.11.2008 | Business
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.
Alan Schram | Posted 11.10.2008 | Business
Have you noticed our politicians so often do exactly the wrong thing? They mean well, but in their haste to propitiate us, the voters, they cause more damage than good.
Alan Schram | Posted 11.03.2008 | Business
We are seeing some of the best stock valuations in the last century. Once fear of illiquidity dissipates, the stock market will get back to normal levels.
Alan Schram | Posted 10.27.2008 | Home
If you do not find stock prices cheap now, with the market pulverized 45% in the last year, then you probably should never own stocks.
New York Times | MARK LANDLER and VIKAS BAJAJ | Posted 10.25.2008 | Business
Fear that the financial crisis is infecting once-healthy economies created another white-knuckle day for investors Friday, causing stocks to tumble fr...
Fortune | Colin Barr | Posted 09.23.2008 | Business
NEW YORK (Fortune) -- Treasury Secretary Henry Paulson fired his bazooka again, but the target remains elusive. Paulson has proposed using $700 billi...
AP | GREG KELLER | Posted 09.16.2008 | Business
PARIS — World stock markets swooned again Tuesday as the global financial crisis caused investors to worry that asset prices have yet to hit roc...
New York Times | David Jolly | Posted 07.15.2008 | Business
PARIS -- Financial stocks were pushed lower Tuesday in Asia and Europe and the euro hit a record against the dollar as new concerns about the global f...
Max Keiser | Posted 07.05.2008 | Business
I was on France24 Friday talking about oil, the dollar, and gold. part 2 Key to the rise in oil and gold prices is what I call 'monetary extre...
Michael Pento | Posted 05.30.2008 | Business
Because the dollar has fallen 40% in the last six years, McDonalds may have to reduce quality, raise prices or both in their famed Dollar Menu.
MSNBC | Posted 05.20.2008 | Business
No, that's not a mirage. The economy is faltering, the dollar is getting clobbered by the euro, and traveling to the far reaches of luxury is costlier...
Danny Schechter | Posted 05.19.2008 | Politics
Paulson avoided a straight answer with a flurry of "uh, uh, uh," halting phrases and contradictory assertions.
Bloomberg | Posted 05.04.2008 | Business
Futures traders are betting for the first time since December 2005 that the dollar will gain against the euro. The difference in the number of wagers...
Michael Pento | Posted 04.30.2008 | Business
Will the downward pressure in commodities continue and should investors expect the end of this interest rate toboggan ride?
AP | MATT MOORE | Posted 04.22.2008 | Business
NEW YORK — The euro roared to another record high Tuesday, crossing $1.60 for the first time ever after a pair of European Central Bank governor...
Max Keiser | Posted 04.10.2008 | Business
If you want to understand why the US dollar is doomed and what drives current Fed policy, keep in mind Hitchcock's Psycho, but with financial derivatives instead of carving knifes.
Blake Fleetwood | Posted 04.03.2008 | Business
If Soros is right and foreigners lose confidence in the U.S. economy, they will want their money back, the dollar will fall, and foreign investments will tumble.
Fortune's Stanley Bing | Posted 04.02.2008 | Business
Dear Mr. Bernanke... Could you lower the interest rates some more? We'd like there to be more money in the system so we can borrow it.
Chris Weigant | Posted 03.26.2008 | Politics
In the near future, China will eclipse the Middle East and terrorism to be our number one foreign policy challenge. Yet neither Obama nor Clinton are calling for any real change in our China policy.
Hale "Bonddad" Stewart | Posted 03.18.2008 | Business
The central problems started with the "supply-side revolution," and the policy of borrowing instead of growing is finally catching up with the great debtor that is the US.
New York Times | Vikas Bajaj | Posted 03.14.2008 | Business
Almost everything seems to be going wrong for the American economy at once. People are buying less, but most things are costing more. Mortgage rates a...
AP | MATT MOORE and YURI KAGEYAMA | Posted 03.13.2008 | Business
FRANKFURT, Germany — Widespread concern about the outlook for the U.S. economy pushed the euro to a new record and the yen to 12-year highs agai...
Tina Fey graces the cover of the January issue of Vanity Fair, and in an...
Via ThinkProgress, in an interview with NewsMax, President Bush's brother Jeb...
President Bush let it all out today during an interview with ABC News' Charlie...
Governor Palin Neglects Alaska Duties for Partisan Stumping on Campaign Trail...
The following is Part I of Sean Penn's piece, Mountain of Snakes (Read Part II here) The
Last week, Black Friday heralded the unofficial kickoff of the 2008 winter holiday...
Reuters has a Q&A with John Travolta to promote his animated film "Bolt." At the end, they ask him...
President-elect Barack Obama announced Monday that Robert Gates would remain as...
After a 12-day hiatus, Sarah Palin stepped back into the spotlight on Monday to...
NEW YORK — Rush Limbaugh has seldom been a fan of...
WASHINGTON — The Bush administration backed off proposed crackdowns...
CHICAGO — Almost one in five young American adults has a personality disorder that interferes...
Dear President-elect and Mrs. Obama: I know that the greening of the White House...
Alan Schram | Posted 11.26.2008 | Business