For those still wondering about the causes of the upset win by Scott Brown in the Massachusetts Senate race last week, consider this; it has been over a year since we faced the brunt of the financial crisis and not one issue that has been considered as a cause has been addressed. The largest banks [...]

The Federal Reserve will end its quantitative easing – or credit easing as Bernanke refers to it – in the first quarter of this year. They have already completed their Treasury purchases and will complete their agency bond and MBS purchases by the end of March. That’s the exit plan. I am of the opinion [...]

Every year around this time, market strategists break out their crystal balls and economists dust off their models (which amount to the same thing) and try to predict the course of the markets and economies for the next year. Why they persist in this activity when everyone knows it is a waste of time is [...]