the most direct economic consequence of political instability…

Oil price declines are now wending their way through the real economy, for better and for worse. In Texas, a capital of the shale boom, the effects are decidedly negative. Bloomberg News is reporting that “20,193, or 38 percent, of the 53,041 announced job cuts in January were in the energy industry,” according to data from…

I’ve made it a point not to use this blog to say “I told you so” over the years, which is probably why it remains among the most-read in finance while so many others have come and gone. The braggarts and table-pounders have been picked off one-by-one since I got started – either their blogs…

The broker, nicknamed “The Platypus” for his splay-footed waddle and untucked shirts, turned to take a long look at a blonde woman walking by. By my reckoning, there are probably less than 20,000 registered reps still trying to carry the Belfort Banner into the second decade of the 21st Century and sell stocks over the…

I have to start getting ready for Saturday night dinner, I’m told. We’re eating on the North Shore for a change 😉 The thing is, I don’t believe I’ll be able to comply with most of the rules. For the uninitiated, Long Island’s North Shore is a nebulous region above Northern BLVD (or the Long…

 (Special Agent BJ Kang gets his man) I’m just finishing up Charlie Gasparino’s new book, Circle of Friends, and it’s easily my favorite financial book of the summer. I have two kids under ten so I have to choose the books I attempt to finish wisely – this is the best one I’ve read in awhile….

this conversation – as lively as it once was – has all but died in the last five years.

The Euro Crisis never dies, it transmogrifies.

I’m not voting today because I live in a perma-blue state. New York wouldn’t vote for Romney if he pulled Neil Diamond out of a fiery car wreck.