Nov 20, 2013
It’s funny, surprising and a bit terrifying to see how easy it is to overlook the biggest cost of the recession — the costs that are still rising rapidly. How easy we forget, that is, until we finally do hit the wall. Then we will see the real cost of the financial crisis.
Oct 2, 2013
By now it's no secret that CEO pay doesn't necessarily reflect actual competence.
Sep 5, 2013
Nearly half of U.S. home sales are cash transactions. The fact that this bull market is driven so heavily by cash purchases tells you that it's not a real housing market. It's another investment bubble.
Jul 12, 2013
Although the Chinese credit crisis in June has faded from the headlines, it is hardly over. While it may not have been the Lehman Brothers-like situation some thought, I do view it as a potential Bear Stearns moment.
May 22, 2013
Venture capital is at the heart of what makes America great. Venture capitalists provide the money to grow new ideas into new businesses and into new industries. That helps raise productivity and transforms our economy.
May 10, 2013
It's interesting how bubble psychology works. When the price of an asset, such as stocks or real estate, is going up, everybody thinks that that higher price must be the true value. Only when the price is going down does anybody suspect the price might have been in a bubble.
Apr 18, 2013
As I’ve often said, if you want to gauge the health of the economy, look outside your office window for construction cranes. If you don’t see them, we’re probably not creating a lot of jobs.
Jan 4, 2013
I lose sleep over a number of issues pressing on our economy, but one issue that I NEVER lose sleep over is whether Congress will figure out a way to borrow more money. The last few days have unfortunately proven how right I am.