The headlines screamed that US income data went up unexpectedly.  Green shoots were everywhere.  But if you look at the actual data, you find something much different.

The idea that government bureaucrats can do a better job of allocating capital than free markets is the grand illusion.

It's to destroy the illusions of the previous bubble period.

Politics is not about what works, it's about what you can get away with.

For the moment, prices are falling. The dollar is safe at least, for now.

The fundamental nature of the economic landscape has so changed that comparisons with post-WWII recoveries is at best problematical and at worst misleading.

One the most insidious problems that we face as traders is that human beings tend to grossly overestimate their chances of success.

The Obama Administration is adding to the accumulated U.S. debt at a suicidal pace – four times faster than the record set just last year.

Research In Motion (RIMM), the maker of BlackBerry smartphones, is due to report quarterly earnings Thursday, June 18, after the market close.

Like all financial crises, the current crisis is a crisis of confidence and trust.