On Sunday, elections were held in France and in Greece. And although the French, who have a large economy, elected a Socialist, the real -- and most dangerous -- news of the day came from the Greek election in which voters gave strong support, though no… more »
First Solar Corporation was indeed first at something: It was the first solar company to lose more than $15 billion of market value. FSLR's stock plummeted from $140 per share a year ago, and $170 a few weeks before that, to under $21 per share early t… more »
The computer systems of a major credit card payment processing company called Global Payments have been hacked, reportedly compromising information on un to 1.5 million credit card account numbers.
Two of my credit cards (one MasterCard and one America… more »
On page 3 of a memo from the staff of the House Financial Services Committee to the committee's members, it is revealed that Ms. Edith O'Brien, the former Assistant Treasurer of MF Global, wrote in an e-mail that a transfer of $200 million out of MF's… more »
After half an hour of trading on Tuesday, the stock market is having its worst day in several months, with the S&P 500 down more than 16 points, or about 1.2 percent. The Dow Jones Industrial Average is down just over 140 points, and the Nasdaq 100 down… more »
My first-ever feature-length article written for a print publication is now available online, and I hope you'll read it. The article, the title of which speaks for itself, ran in the February print edition of The American Spectator. Please click on the… more »
It's been an insane few days at work for me, as I've been trading, with something quite unlike success, the VIX. The VIX is the CBOE Volatility Index, and you can trade futures or options on it.
So, stay with me here for a minute:
The Standard and Poo… more »
I'm very pleased to let you know that the Colorado Springs Gazette ran (in their Sunday edition) an guest column by me which I wrote in response to Barack Obama's exclusive piece in that same paper calling for a Homeowner's Bill of Rights.
Obama's soci… more »
Housing and employment are perhaps two of the most interconnected and politically important economic statistics. Thus, Wednesday's various housing-related data releases -- all of which are positive -- are a welcome sign of things to come, should Europ… more »
The SEC is suing the former CEOs of Fannie Mae and Freddie Mac for misrepresenting the percentages of those firms investment portfolios which were held in sub-prime loans. While Daniel Mudd and Richard Syron are being named individually, the firms will… more »