2011

In my previous missive I concluded that investors should stay true to the principles that have always guided (and should always guide) sensible investment, but I left readers hanging as to what I believe those principles might actually be.…

Reuters has reported that the parliament in Portugal will likely reject the socialist government's austerity budget, a move which will precipitate the collapse of that government, new elections and a likely bailout by the European Union.…

Let me pass on this morning's note from Andy Lees regarding the future of nuclear energy. Andy writes: Reuters highlights that the Obama administration wants Congress to boost loan guarantees from USD18.5bn to USD55bn to help build a…

By Marin Katusa, Casey Energy Opportunities For many years, trying to tap an oil sands deposit accomplished about as much as sipping molasses through a straw, but that is changing. So do oil sands companies make a good investment now?…

Rumors of a missed coupon payment in Ireland made the rounds and many now are down playing it. However, the problems in the periphery have not lessened. The real immediate focus is on Portugal. The government's new austerity measures will…

Canada reported weaker than expected retail sales report. Instead of a 1.0% rise in January, StatsCan reported a 0.3% decline. Weakness was especially noted in the ex-auto component which was flat instead of up 0.7% as the consensus…

By Warren Mosler (as posted on the 10th) Also see other similar arguments from Credit Writedowns' on how quantitative easing really works. Background information first, answer later- The Fed sets the fed funds target at their…

If firms that defrauded their customers gained a competitive advantage over their honest rivals private market discipline became perverse and drove honest firms into bankruptcy. The CEOs that lead accounting control frauds create…

This is just a reminder that, while I write about a broad array of topics here (the economy, monetary policy, investing, banks, Europe, technology, etc., etc.), there are some topics about which I don't know enough information to take an…

Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession  (McGraw-Hill, 2009) and "The Coming Collapse of the Municipal Bond…