How tough is it to make money when you can borrow money for nothing and lend it back to the lender at 400 basis points more interest? Even bankers can make money under those circumstances.

Joblessness at a 26-year high, and rising. Consumer credit just took the biggest monthly drop ever, as it's fallen 10 months in a row. Nearly half of Florida’s mortgages are underwater. But the stock market doesn’t seem to care or notice.

The presumption of all elites is that they can do a better job of running things than people who are less well educated, less informed, or less intelligent.

Trade long enough and you begin to understand that you cannot control your wins. You can only manage your losses.

What does John Mauldin see for the year ahead?

Fierce storms are approaching the financial markets, but almost nobody sees them coming.

Lawrence G. McMillan reviews the options market in his weekly column for January 8.

The real economy declines. The parasites multiply.

Chicken or the egg? Gold or the dollar? What does Mike Paulenoff think?

In the private economy, people are always making mistakes. People buy things they really don’t need with money they really don’t have. Then, they pay the price.