Business articles

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Check your shorts: Cramer says stock market has hit bottom 

WASHINGTON, October 20, 2014 – Very short column today. The Maven is short on time, short on money, and somewhat short the market via ETFs and plans to stay that way at least today. CNBC’s Jim Cramer is calling a bottom to the current downtrend. But Jim has done that before and he’s been wrong.

Cartoon by Branco.

Ebola and the Political Twitterverse: Marc Andreessen’s Tweet of the Week

WASHINGTON, October 18, 2014 − The advertising and media blitz for Election 2016 is going into the final stretch. Plan to see more ads, more personal attacks, more Madison Avenue-style sliming. And if those robo-calls haven’t started, they will be shortly. But the Internet has been gradually growing in importance in this election as candidates


The Federal Reserve’s secret ‘doomsday book’

WASHINGTON, October 18, 2014 — After securing England as part of his realm, the Norman duke lived up to his moniker — William the Conqueror — and ordered that a record be made of all the possessions of his vanquished Anglo-Saxon subjects. In 1085, William “sent men all over England to each shire to find out what

Janet Yellen to the market's rescue! (Composite derivative art by Ponick)

Janet Yellen rides to the stock market’s rescue

WASHINGTON, October 17, 2014 – Vague but clearly dovish comments yesterday from at one Fed member, followed up Friday morning by similar observations from Fed Chair Janet Yellen, helped stem Thursday’s continuing stock market cliff dive, helping to inspire an impressive rally this morning that continues unabated at 1:00 p.m. EDT. Markets have been extremely

U.S. Federal Reserve's DC HQ. (Via Wikipedia)

The stock market, QE and the psychology of asset bubbles

WASHINGTON, October 16, 2014 — Has the stock market’s Day of Reckoning arrived? The occasional dips in the mild amusement park ride of the Dow’s climb from 7,000 to 17,000 have not had any effect on investors until now. The reason was that the big money — the institutional investors — followed the Federal Reserve’s interventions