The markets appear to be very nervous in general and particularly nervous about the EU stress test results.

Lawrence G. McMillan reviews the options market in his weekly column for July 23.

Tightening seems like the right thing to do. It is the right thing to do. But it results in bigger deficits. How could that be?

How many of the president's cabinet appointees have previously worked in the private sector?

If you take on debt in order to expand production, the extra output can make it possible to pay off the debt later, and you come out ahead. But when you borrow to increase consumption, all you’re doing is taking output from the future and consuming it now.

John Maulding thinks the Debt Supercycle is ending. What is that?

In trading, we need to rely on the logical foundation of science to conduct our affairs, but we also need the flexibility of art to adjust to the ever changing environments.

James Mound reviews futures and commodities in his weekly report for the week of July 19.

No empire that had to borrow money from its rivals has ever lasted very long.

Stocks have gone nowhere in 12 years. But it’s not nowhere that they need to go. They need to go down. They need to complete their historic rendezvous with the bottom.