Dow Jones – a long-term perspective

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In order to gain some long-term perspective of the magnitude of the movements of the Dow Jones Industrial Average, Chart of the Day provided an inflation-adjusted graph dating back to 1925. Read on for a number of interesting observations. [...]

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Paying lip service to fiscal responsibility

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Fiscal responsibility – giving up on the next generation … [...]

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Stock markets: retreat in store?

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It seems as if the spring rally has probably exhausted itself. And it is about time given the extent and rapidity of the move. Read on for my latest views on the outlook for equities. [...]

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Kasriel: How does an excess supply get remedied?

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“It is well documented that the prices of houses have plummeted. What may be less well known is that newly-started production of single-family homes has come back into equilibrium with the sales of new single-family homes,” said Paul Kasriel in this interesting guest contribution. [...]

More on this topic (What's this?) Read more on Northern Trust, U.S. Housing Market at Wikinvest
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Damn! The kitty is empty …

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A billion here, a billion there, and pretty soon you’re talking real money … [...]

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The recession in historical context

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How does the current economic and financial downturn match up to past contractions? In an attempt to present matters in historical context, the Council on Foreign Relations recently published a fascinating chart book and pertinent conclusions, as shared in this post. [...]

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