First Pacific Advisors' CEO Robert Rodriguez isn't about to risk his shareholders' capital to chase this rally in stocks. But I doubt anyone has ever accused him of beinga shrinking violet - at least, and lived to tell the tale.[More]
The anodyne press release crossed my computer screen a week ago Wednesday and was dutifully followed, the next day, by brief and equally bland reports hidden deep in the inside pages of the leading financial newspapers.[More]
Nominal GDP in the first quarter totaled an estimated $14.2 trillion, a 3% annual rate of increase from the final quarter of 2007, which also registered a 3% gain.[More]
April 8 - Dow Jones (Charlene Lee): "Former Federal Reserve Chairman Alan Greenspan continued to defend his legacy Tuesday, saying he has 'no regrets' over Fed policy conducted during his tenure."[More]
April 17, 2008 - This just in, via phone, from an old friend and investment business stalwart, who now makes his home in one of the tonier reaches of Silicon Valley - and who wouldn't dream of cooking for himself.[More]