May 2014

“Clash” Featured in the New York Post

Really excited to run out and grab my hometown paper today… In the Sunday Business section of the New York Post, the true story of how Martin Zweig made the most legendary stock market call of all time, excerpted from Clash of the Financial Pundits: It probably started right next to that buttonwood tree. For…

One Billion Millionaires

That’s what we’re on pace for, and a handful of trillionaires too. The first ever trillionaires if you don’t count the Pharaohs or Alexander or Crassus or John D. Rockefeller or Charlamagne or Atahualpa of the Egyptian, Macedonian, Roman, Standard Oil, Holy Roman and Incan Empires, respectively. Trillionaires is not even yet a word –…

Let’s hope so.

In their quest to cripple solar power and protect the profits of their fossil fuels-based businesses, the Koch brothers have run into an unexpected and potent adversary: tea party conservatives. The Koch Brothers are heavily entrenched in businesses that benefit from the traditional electric utility model holding sway. Unfortunately for them, this country is headed…

Can the financial media give investment advice?

No. But that doesn’t render it unimportant. Those who think so have no grasp of how crucial the financial media has been for society throughout history. The business news does a lot of things very well – holding the powerful accountable, informing the public about the markets and economic trends, calling out frauds, etc. But the…

This Week on TRB

President Barack Obama, right, has outgoing Health and Human Services Secretary Kathleen Sebelius come on stage as part of a joke to fix a technical glitch at the end of his speech during the White House Correspondents’ Association (WHCA) Dinner at the Washington Hilton Hotel, Saturday, May 3, 2014, in Washington. (AP Photo/Jacquelyn Martin) Here were the most read posts on TRB…

Nothing is happening.

How okay are you with a period of time in which nothing much is happening in the markets? Your answer to that question probably says a lot about the way you think about investing. Many market participants have gotten into a mindset lately in which they expect either rallies or sell-offs to be occurring at…