Nathan Hale

The wise men can't agree on anything, especially the outlook for emerging markets, the tech stocks of this decade.

Most financial innovations for consumers tend to be ways to fatten profits for financial service providers by rendering simple products more complicated. They usually only cater to fear and greed.

Want to profit from the Galleon insider trading case? Then take the hint: It's a waste of time trying to beat the pros at the stock picking game. They outgun you, and they don't always play fair.

It's not a lack of financial literacy that makes a majority of 20-year-olds not participate in a 401(k). It's human nature.

You don't quadruple loan volume during a recession by tightening lending standards. Loose lending leads to inflation or defaults or both. And if any country's banking system has too much of it, the end isn't pretty.