I’ve dragged my feet on offering an assessment for 2012 because gauging the severity of Europe’s impact has been daunting. I originally thought they would …
The most anticipated IPO since Google is in motion. Facebook is going public and its 27-year-old founder – Mark Zuckerberg – will enter the rarified …
More discouraging than the president’s campaign speech – I mean State of the Union address – was the Republican response. Though greatly flawed, the president …
Given the lack of notable news, this week I’m going to highlight some key data points to watch during the year. But first, I want …
With a new year upon us, hope, as they say, springs eternal. Regular readers know I don’t place much value in hope. I prefer reality …
Merry Christmas -- or should I say -- Happy Holidays. As my last column of 2011, I want to end the year on a more …
Last week, I made a weak attempt at using a game show variation as a writing device. The goal was to illustrate how media headlines …
Today, we’re going to play a game called headline reality. At the risk of dating myself, it’s a variation on “To Tell the Truth” wherein …
Thanksgiving marked a brief respite for stock owners to recharge and recover from a rough week in the financial markets. December can’t come soon enough. …
Last week’s column ended with a heads-up to watch the next day’s Italian bond auction. That auction went off reasonably well, and the markets spent …
I was terribly disappointed with the CNBC-hosted Republican debate. Granted, the debate – focused solely on economic issues – was probably the most substantive to …
Democracy must rule! On second thought, we don’t need no stinkin’ referendum! It appears that the Greek prime minister doesn’t know which end is up. …
In fairness to Rick Perry, I was planning to review his tax plan. That, and I could use a good laugh. But the veritable avalanche …
I’m constantly amazed by how little those who run for public office understand about economics. Come to think of it, I’m constantly amazed by how …
I was riveted by the “60 Minutes” interview of jobs czar General Electric CEO Jeff Immelt. It’s no accident this pioneering show has lasted so …
There are very few people to whom I would tip my cap. With Steve Jobs’ passing, there is one fewer. Admittedly, during my career in …
With a string of encouraging economic reports, and in the spirit of optimism, I had planned to focus solely on good news this week. But …
The president’s proposed deficit reduction plan seems more political theater than a genuine effort at deficit reduction. Like most of his predecessors, the president seems …
Before delving into the president’s jobs plan, a comment on optimism. Readers know I’m no “Mary Sunshine.” Logic and reality rule my thinking. I focus …
The president took a kitchen sink approach with his jobs plan: ask for a bunch of things and settle for a few. Given the dysfunction …
The financial markets have returned to treating bad news as good and vice versa. The reason: they believe that bad news will force the Fed’s …
Congratulations to Starbucks CEO Howard Schultz for calling upon his CEO colleagues to boycott campaign contributions until our elected officials start acting like leaders rather …
About the only good that comes from times like this is that columns write themselves. Well, good for me. The best analogy I can think …
Setting a record, the Dow had 400-plus point swings in opposite directions on four consecutive days. Ponder that for a second. Days after averting default, …
Reading last week’s Wall Street Journal headlines was like reading a summary of the last six months of this column: “Home Listings Fall but Woes …
There were several interesting jobs-related articles in the Wall Street Journal last week. Collectively, they made me laugh. But it wasn’t the “that’s hilarious” kind …
A couple of weeks ago I’d originally started my column by indicating my call for a second-half downturn might be wrong. But then the June …
Roger Clemens may have dodged a bullet without the help of steroids. Prosecutors pulled a Bill Buckner – which may end the entire affair on …
With retail sales, factory orders and manufacturing metrics indicating we may be exiting the economic soft patch, the second half was off to a promising …
So that release from the strategic oil reserve certainly did the trick. When I said it was a political move whose impact would be fleeting, …
The Fed spoke, and everyone listened. But if anyone expected good news, they walked away disappointed. In a shocking announcement, the Federal Reserve lowered its …
Did you catch the Republican presidential debate? I did, and the experience was comparable to having one’s teeth drilled. Let me recap for those who …
Dear Ben Bernanke: I’m a bit confused and I’m hoping you can help clarify things. In your recent speech you set a dour tone. Sure, …
Last week I blamed the Democratic Party exclusively for putting politics over the country’s well-being and this was unfair. True, the Dems are attempting to …
Former President Bill Clinton has been in a bit of a press coverage dry spell. Last week he broke out of his slump in a …
There were some strange happenings in the oil markets last week. Well, strange if you believe the oil mavens are more competent than your average …
I’m neither a defender nor a basher of Big Oil. Yes, they earn enormous sums but as a percentage of revenue their profits pale in …
Contact the beatification committee because a miracle occurred last week. In a single day, the demand for oil dropped almost 9 percent. This caused oil …
In case you hadn’t noticed, the economy wasn’t stellar in the first quarter. Gross domestic product grew a modest 1.8 percent, or about half the …
Stop the presses! Lindsay Lohan has been arrested, Capitol Hill is gridlocked, and George W. Bush is still stupid. Not exactly news? Well, neither was …
Another corner was heard from regarding the federal budget. Someone named Barack Obama has injected his views. I’ve heard rumors that Mr. …
I suppose I should comment on the federal budget battle – but to what end? It’s nothing more than business as usual with all parties …
Relatively speaking, it was a quiet news week. Air strikes in the Middle East, nuclear fallout in Japan – you know, the usual. Not surprisingly, …
As much as my preference was to choose a frivolous topic to take our minds off the Japanese tragedy, I couldn’t. Beyond the human suffering, …
Buy-buy-buy. That was the theme on CNBC last week. Isn’t it amazing that regardless which direction the market is moving or how big the moves …
Lord help us. It’s as if all of America has caught Charlie Sheen Disease. A recent WSJ/NBC poll indicated that less than a quarter of …
Last week was ugly. There’s always one party-pooper in the crowd. Usually it’s me, but this time it was Moammar Gadhafi. …
It was a busy week on the economic front. The president presented his idea of a fiscally responsible budget. Some interesting inflation data was released. …
It appears that the old saying that when fate hands you lemons, successful people make lemonade may be holding true. History may conclude that the …