Federal Reserve intervention in the economy has profound implications for not only the prices of goods and services, but also financial assets. Read More
Although most of the other troubled European countries may not have the same degree of tax evasion and nepotism that Greece has, each of these countries will be forced to implement painful reforms that are likely to endanger the jobs of many European politicians. Read More
Movies are filled with nail-biting moments of split-second disaster aversion. We hope that many of the world’s more difficult dilemmas will also be met with similar Hollywood-style happy endings. Read More
It’s easier to celebrate Thanksgiving in Washington, DC - not only are we surrounded by the symbols of liberty and democracy, but the politicians all leave for home. Peace and dignity settle on our stunning parks and monuments, and residents are reminded that this is a magnificent place. Read More
Headlines are filled with Italian bond yields and the status of Italy’s economy. Weren’t we just obsessing about Greece and Papandreou? What happened to Greece? They didn’t get fixed, but the gnat-like attention span of markets has shifted once again. I wonder what it will be next week. Read More