Daily Archives: December 17, 2012

The answer to this math is obvious: cut spending across the board, cut entitlements and increase designated revenues to fund the commitments that remain. And no the debt ceiling should not be increased. History assures us that humans with runaway … Continue reading →

This chart of stock volumes captures so much of the risk that keeps us up at night regarding equity markets today. Although long-always investment types have been recommending stock allocations throughout the duration of this chart, rational risk-assessing investors have … Continue reading →

Nouriel Roubini, co-founder of Roubini Global Economics LLC, talks about Federal Reserve monetary policy, the outlook for the global economy and the U.S. budget negotiations. Here is a direct link. Too bad Tom Keene talks over him so much.