When John Makin says in no uncertain terms that the U.S. economy, far from lifting off into sustainable growth path, is sliding backwards - and when he follows that up with an impassioned prescription for radical economic shock therapy, it pays to listen. John is no ivory tower economist, though his resume offers ample evidence, in his University of Chicago doctorate and numerous academic appointments, that he could easily have trod that path.[More]
 

By Mary L. Schapiro
Thank you, it's an honor and a pleasure for me to be here.

As leaders of the business and financial community, I know you appreciate the important role equity markets - and equity market structure - play in our economic growth and job creation. 

By Michael E. Lewitt

Turning and turning in the widening gyre

The falcon cannot hear the falconer;

Things fall apart; the centre cannot hold;

Mere anarchy is loosed upon the world;

The blood-dimmed tide is loosed, and everywhere

The ceremony of innocence is drowned;

The best lack all conviction, while the worst

Are full of passionate intensity.

William Butler Yeats (1919)

By Bob Hoye

By David A. Rosenberg

By Yeon-Koo Che and Rajiv Sethi

Sovereign Default, an impressive debut winner at Belmont in July, was forced to miss the Hopeful will be out indefinitely after sustaining an injury to a hind ankle, trainer Rick Violette said Friday.

It's The Economy Stupid
© John Darkow, Cagle Cartoons.[More]