by Keith Schneider
OK, so things do look fairly iffy here in the US. Does anyone really think that the Senate and Congress will agree on some bipartisan proposal to solve our budget issues and long term infrastructure problems? Will …
Our Washington insider caught this picture in a bar not too far from the Fed building on Friday after the markets closed. As you can see, a seemingly inebriated Bernanke was at wits ended allegedly mumbling, I …
After a two week hiatus (summer road trip) from writing this column, so much has occurred in the markets it was hard to pick a theme. However, it was nice to come back to a 5 day rally. It's fairly …
The biggest market moving events this week was a toss-up between Bernanke’s speech from Jackson Hole and Buffet’s Bailout of Bank of America. I give the top honor’s to Bernanke as it seems to have the most lingering bullish effect …
With all the wonderful news (not) on the economic front and the Equity Markets cratering, Gold was partying like it was 1979, extending its parabolic move another 6% for the week, while silver moved up 5% on Friday alone, looking …
It was considered a major feat this week that US Equity indexes only finished down about 1.5%. That was accomplished with the help of good news on the employment front as our jobless rate dropped to 9.1%, according to latest …
Don't panic! It's only a small fire.
The story goes that Nero. Emperor of Rome fiddled while Rome burned, ushering in the fall of the Roman Empire. There are many theories of why Rome, the world's super-power fell into decline. …
Back in the day when I was a very young NYU student, I took a few Art History classes and discovered M.C. Escher, famous for his drawings of optical illusions. The drawing above was one of my favorites. Notice how …
With all of the useless things the government has spent our money on, the one that tops the list is the time our treasury officials are spending preparing for a debt default. I have a quick solution that might prevent …
While the debt ceiling issue is ticking away, the guys inhabiting Capitol Hill are playing chicken with our future. This political game of cockfighting should be outlawed just like the real thing. One big difference between us and other countries …
