In a commentary about a month ago, I described how the economic world seemed to be drifting into two opposing camps: the Washington-based "Stimulators," who insist that more government debt is the best means to end the financial crisis, and the Berlin- and London-based "Austerians," who argue that debt is the crisis itself.
Mutual fund companies may be largely unaffected by the financial services reform legislation, but they are girding for other types of regulation.
The oldest baby boomers, many of whom are expecting to retire soon, will likely not have enough money to carry them through their twilight years.
Morgan Stanley, owner of the world's largest brokerage, lost an arbitration ruling that will allow two brokers convicted of securities fraud to each keep $4.45 million in signing bonuses.
Fear of market gyrations taking hold among affluent young investors; is the 'conservatism' embedded?
Enhanced equipment trust certificates issued by airlines are suddenly high flyers, as yields climb.
Today's job report revealed continued weakness in the U.S. economy and provides clear evidence that prior efforts to stimulate with deficit spending, absurdly low interest rates, and a series of government programs designed to support the housing and automobile markets have failed to create any meaningful forward momentum.
The "Black Swan" author believes that the economy is still fragile and bruised, and now says that "the perception of hyperinflation is going to penalize real estate," and adds "it's going to penalize the stock market." So get used to more bumpy months like this one.
Federal Reserve policy makers meeting today may find the market reaction to any announcement of steps to spur growth will be bigger than the impact on the economy.
We've now accumulated enough evidence to conclude that the U.S. economy is most probably headed into a second leg of recession, according to the president of the Hussman Trust's latest commentary.
