We are supposed to believe that investors can avoid the calamities of the past by studying what happened in previous market cycles.

Lawrence G. McMillan reviews the options market in his weekly column for December 18.

Consumer price inflation is what everyone is counting on. The debts of the past need to be reckoned with.

The financial world keeps working its way through this period of great confusion and uncertainty. Nobody knows what to think. Nobody knows what anything is worth. Nobody knows what to do.

Debt is going down largely because households are defaulting.

We are clearly starting to get some better data points here and there, but it is going to be a recovery in the statistics and not in the things that count, such as income and employment.

In a world of charts and indicators and support and resistance levels, we tend to venerate price activity above all else.  But price is often not the master, but rather the slave to news.

Markets are closer to living things than to inanimate objects.  They have hearts, souls, and a sense of humor.

Lawrence G. McMillan reviews the options market in his weekly column for December 11.

The US stock market is still in "bounce mode."  All bounces come to an unhappy end.  This will be no exception.