Apr 19, 2012
The lack of any recovery in construction is important because it is a big part of the reason the economy is still struggling.
Mar 21, 2012
It seems like every few days someone asks me: “With the market going up so much, do you think that maybe the government can get away with it for another 4 or 5 years. I mean using money printing and borrowing to manipulate the economy and the stock market?”
Mar 7, 2012
In this situation, the only real solution is the wall. Yes, hitting the wall. No need for enlightened academic discussion or enlightened politicians. Hitting the wall is infinitely easier.
Feb 22, 2012
Here we are again. It's the end of the bad dream and recovery is upon us.
Jan 18, 2012
I was watching CNBC's Squawk on the Street the other day and one of the people on the show, I forgot who, asked a very good question about the European debt crisis.
The question was: Why doesn t the ECB just put a cap on the interest rate of Italian 10-year bonds of 7...
Dec 28, 2011
I like traditions.In Washington, D.C., there are some great holiday traditions.I like to visit the Christmas trees at the Capitol and White House with my kids every year.We follow that with hot chocolate at the Willard Hotel.
We have also added the really cool model train...
Dec 15, 2011
One day it s up, the next day it s down.That s what the stock market has been like lately. Reminds you of someone who is a bit manic-depressive.
And that s an apt analogy because the market does have a personality and is heavily driven by psychology right...
Nov 30, 2011
Well here we are.I have said all along that the European debt crisis is not a Greek, Irish or Portuguese problem, but an Italian and Spanish problem.
That s because if the Greek crisis spreads to Spain and Italy, the size of the Italian and Spanish debt is enough to bring...