Book Week: Bailout

With one more month of summer to go, why not spend it catching up on some of the best financial books of the season?  This is Book Week on TRB, a new one each day that you may have missed and should definitely buy/download. *** Welcome to a world where shifting allegiances between government employees…

until the market rallies.

This post originally appeared on July 12th, it turns out to have been pretty prophetic given the rally and how quickly sentiment appears to have shifted.  – JB *** Everybody wants an “absolute returns” strategy until the market rallies. Everybody wants to “focus on risk management” until the market rallies. Everybody believes in asset class…

First, burn all the cupcake stores…

Sooner or later, this economic slump is going to end and America’s gonna need to get its swagger back. I can tell you right now that when the time comes, I’m electing myself in charge of kicking out all the things that got us through the forever-recession but now must go.  I’m making a big…

Housing Doubters Must Now Contend With Data

No one in their right mind would refer to the current trend in housing as a rip-snorting bull market – but to dismiss the amelioration out of misplaced loyalty to a long-held pessimistic outlook would be a mistake. As a refresher – the Fed is making it so the banks can keep millions of foreclosed…