This post was originally published on August 17th and it promptly went viral. The abandonment of the US equity market is not one issue facing the nation, it is THE issue. There hasn’t been a sustained economic recovery in US history that didn’t correspond with a healthy climate of capital formation and widespread investment returns….

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Sad news, one of the original shareholder activists and corporate raiders, Saul Steinberg, passed away yesterday. His story of investment success is a great one… Saul Steinberg, who led massive takeovers of companies before the titans of private equity popularized leveraged buyouts, and became one of the first personalities in finance to be dubbed a…

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Edward Jones is taking a beating today in the financial blogosphere. I don’t know from what perspective it looks worse – the brokers or the customers? First there’s this at WealthManagement.com, a trade publication that’s normally been pretty friendly to the down-home regional brokerage: Edward (don’t call us “Ed”) Jones is under a bit of…

My friend Floating Path does a great set of charts each month, updated with the latest employment stats directly from BLS.  I’ve handpicked four interesting ones below, please check out his site for the rest. – J to the B ***   The unemployment rate (U-3) ticked down to 7.7%, lower than last month’s 7.8%…

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November Non-Farm Payrolls is out, here’s Lil Weezy: The November jobs report is in, and it’s a gigantic beat. 146K new jobs is well above expectations of 85K. Private payrolls came in at 147K, which means that there was only a 1K drag. Unemployment falls to 7.7% from 7.9%. This is the lowest level since…