May 22, 2013
Now that Europe, North Korea and Cyprus seem to have faltered as potential triggers of the next decline in stocks, bears are falling back on the argument that baby boomers will send prices lower as we dump all the millions of shares we bought since ... well, since Eisenhower was president, I guess.
May 15, 2013
Last week, I gave several reasons why I felt the gain in the Standard & Poor's 500 since March of 2009 — stock prices have more than doubled since then — is the first leg of a secular bull market. I want to carry this issue forward in this and my next few articles.
May 8, 2013
We are in a bull market. The question is what kind. Is this a cyclical bull market, or the beginning of a new secular one?
May 1, 2013
While financial warning flags should be unfurled, there is no reason yet for them to be attached to the pole, even at half-mast.
Apr 24, 2013
As I write this, I am cycling high in the Trinity Peaks wilderness of Northern California. Not the place to be if you want to keep close tabs on family and friends in Boston, still shocked and recovering from bombs at last week’s marathon.
Apr 17, 2013
Heavens above, what have I done to deserve such good news? Last week sure brought smile after smile to every true libertarian and economic conservative.
Apr 3, 2013
Why does the largest economic entity in world history keep track of its finances using bookkeeping records that would embarrass an accounting freshman? In more layman terms, why does Washington have only an income statement and not also a balance sheet?
Mar 27, 2013
Why are we told we should be fearful when pint-sized bully republics like Cyprus or Greece fall victim to the consequences of their own statist stupidity? Why do we tremble when analysts suggest China's economy might collapse? For Pete's sake, Russia had Potemkin villages.