NEW YORK -- The headlines say the financial crisis is behind us. The Dow is back to pre-financial crisis levels. Layoffs are the slowest since the fin...
Why such confidence in the face of loss? Psychologically, when we make a commitment to something -- e.g., the stock market -- we tend to rationalize any conflicting information and avoid behavior that would alter the commitment.
Why did gold and silver stocks just get hammered, at a time when commodities are considered a safe haven against global uncertainty? The answer is that the sector has been the target of massive short selling.
The probe into the "flash crash" has yet to report the cause, but whatever it is will provide another example that the system is dangerously unpoliced and that manipulative behavior is unchecked.
Part of what will make reforming Wall Street possible is to move Wall Street out of the center of our focus... to take away the celebrity element that has been part of its culture for the last 30 years.
I just finished watching Jon Stewart's almost completely satisfying conversation with Jim Cramer on Hulu. Stewart chastised Cramer for taking Wall St...
Only Obama and the financial markets are telling us the truth. Not only can we handle it, most Americans are thrilled to finally have a president who is smart enough to know what's going on.
Sorry to be a downer on this of all days, but if there's one thing I've learned, it's that yins always have their yangs. Eight years of buying into trickle down economics has taken a toll.
The search of a market bottom likely will continue through the rest of the year and into 2009, as signs begin to emerge that a turning point is near b...
Yesterday morning on the Today Show, John McCain was angry, wooden and sulky. But more than that, he seemed not to have a clue what he was talking about.
I have been blogging in the financial/stock market space since late 2005 and developed a great list of 'experts' in certain areas. I believe in the 'less is more' theory of news.