Weighing the Week Ahead: What does the Iraq conflict mean for markets?

Into the economic news vacuum, summer doldrums, and sports stories, there was finally some real news – the renewed conflict in Iraq. This had all of the features that make for good financial television and web punditry – action, plenty of people with opinions and accusations, and the potential for a dark outcome. Whether or […]

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2013 in Review: Best of the “Silver Bullet” Awards

Regular readers of my WTWA series know that I occasionally give the Silver Bullet Award.  This recognizes writers who take it upon themselves to debunk dangerously misleading financial analysis. Their often thankless work reminds me of the Lone Ranger, whose adventures often upheld the notion that "…that all things change but truth, and that truth […]

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Weighing the Week Ahead: What lies over the cliff?

For the first time in recent memory, the monthly payroll employment report will not be the big news. The financial media are like one of those dedicated radio stations — All Cliff, All the Time! Last week I noted that I might skip this week's WTWA column, focusing on "Cliff notes."  I am focused on […]

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Fiscal Cliff Notes: Interpreting the deadline news

Here is an all-time first:  Market rallies on news that Congress will be in session! That was today's story.  The market gyrations lacked a grounding in reality.  Joe Weisenthal charts the day, with my comments to follow. Here are a number of rhetorical questions: After weeks of public posturing on both sides, would we really […]

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