-The argument for higher taxes on upper income folks is a morality tale, not an economic one. But, in fairness, the proposal could be way more punitive (think FDR and retained earnings). Nevertheless, while it might satisfy people to do something, I don't think it would ultimately improve the general state of the economy.
-With the first two weeks of the NBA season cancelled, and more games in peril, sports has done little to catch my attention lately.
-The volatility in the real estate market that used to create great buying opportunities (think early 90s) is probably gonna be harder to come by -- credit that to the institutionalization and commoditization of the asset class.
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In light of my previous post, here's what I'm thinking: buy some GLD $180 calls that expire 3/16/13. Right now, you can get them fo...
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I sounded "sad" in yesterday's post, but really I am pretty sanguine about the election. Change is going to come even if the ...
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I came across this really interesting chart regarding 2013 and 2014 EPS forecasts by region and globally. Note the very pronounced move fr...