Treasury Secretary: ‘Nope – this ain’t the bottom.’
The Financial Times reports:Hank Paulson on Friday said that housing remained “the biggest risk” to…
Jesse FelderMay 18, 2008
“The pain trade is for the market to go higher than people expect”
That's what Wall Street Bigwig Barton Biggs told Maria Bartiromo last week. Now there's at…
Jesse FelderMay 18, 2008
“If you have a mortgage, consider yourself lucky”
That's the beginning of an interesting piece in today's New York Times. It continues: Some…
Jesse FelderMay 18, 2008
Chart of the Day: Oil
Now that oil has gone completely parabolic and it's more overbought than at any time…
Jesse FelderMay 16, 2008
World’s Highest Scoring Team: Your Central Oregon Hotshots!
Bend Weekly reports:Central Oregon boasts the distinction of being the world's highest scoring basketball team,…
Jesse FelderMay 16, 2008
Consumer Sentiment: Back to the Future
Bloomberg reports that consumer sentiment is now most dire it has been since 1980:Confidence among…
Jesse FelderMay 16, 2008
Local Tragedy
USA Today Reports:On a brisk day last fall in Prineville, Ore., Raymond and Deanna Donaca…
Jesse FelderMay 16, 2008
Chart of the Day: Financials
So the Russell 2000 and the Nasdaq 100 both broke out today. But where are…
Jesse FelderMay 16, 2008