In honor of Thanksgiving…
“Home is the place where, when you have to go there, they have to take you in.” (Robert Frost)
I recently heard a story secondhand, about an adult son who had returned to his parent’s home, living in the basement, while he pondered his options.
Not such an unusual thing these days. Lots […]
Archive for November, 2008
In honor of Thanksgiving…
I usually don’t publish on holidays, but on the eve of Black Friday, I thought it would be good to have a some spending tips before you hit the mall tomorrow…(Thanks also to Geezeo for publishing this on their site!)
If ever there were a year when you needed to get maximum value from minimal […]
Who says that good news never gets reported?
I just filled up my car at $1.83 per gallon. I know that deflation is not good for the economy as a whole, but taken in bits and pieces it becomes a palliative for all the shocks we’ve endured since last October.
The latest catch phrase from Washington […]
Further proof we are in for some tough sledding ahead.
It should come as no big surprise that some cash-strapped companies have suspended their 401k matching funds contribution.
I can’t say I blame them. The first order of any enterprise is to survive the lean times.
But where does that leave you?
Most likely, it’s high time you […]
I only wish I had thought of that dead-on headline.
The author is Richard Medley, chairman of Medley Capital, and former business partner of George Soros, writing in the December 2008 Esquire.
It’s a wickedly funny piece, definitely worth your time.
Medley predicts a “back to the future” economy in which small community banks will lend money […]
Some thoughts about our end of days market.
Knowing that the world is about to end loses some of its drama when you realize that we’ve traveled down this path before.
With thanks to the Leuthold Group, who prepared a graphical summary of Financial Crises and the U.S. Stock Market from 1830-Present. You’ve seen a variant […]
It’s refreshing, in a way, that not all the animal spirits have been thrashed out of the financial product manufacturers.
No small accomplishment, in this dispirited market, as we continue to circle the drain, having pulled the plug on private ownership of the commanding heights of our economy.
ETF’s Really Overreaching
I refer to the juiced-up ETF’s (Exchange […]
More evidence emerges daily that the big guys also got wrong-footed in the recent decline.
Not Just the Little Guys This Time
The list would include fabled investor David Bonderman, and his Texas Pacific Group that earlier this year plunked down $1.35 billion into Washington Mutual.
This sank without a trace after the equity holders were wiped out, […]