Tag Archives: business cycle
Kodak Moment for Uncle Sam
Dinosaurs must die. It’s a fact of life. Just ask Kodak. Last week, after 123-years in business, it was reported the dinosaur company is preparing to file for bankruptcy protection. By market close on Friday, the former blue chip’s stock … Continue reading
In Graphs We Trust
Federal Reserve Chairman Ben Bernanke can’t seem to catch a break. Wherever he turns someone is there to knock his job performance. Senators, Presidential candidates, lowly editorial writers…they’ve all lined up and cast their stones. But why? Hasn’t Bernanke done … Continue reading
Making the Impossible Possible
This week brought new evidence, not necessarily that the stock market efficiently allocates capital to its most productive use, but that it effectively separates fools from their money. The fool gives…Wall Street takes away. In other words, the house always … Continue reading
The Wrath of Inflation
The U.S. Bureau of Labor Statistics reported on Wednesday that inflation, as measured by the Consumer Price Index, increased 0.3 percent in September. Increases in energy and food prices were the main contributors to the rise. On an annualized basis, … Continue reading
