New! Recession Sessions T-Shirt!

Looking for the latest in recession chic?

Pick up one of our new Recession Sessions t-shirts! These limited edition American Apparel shirts are the perfect accessory for riding out the double dip. Get yours while supplies last!

Tagged Leave a comment

Operation Twist

Today the Fed announced a new measure called operation twist. The idea behind this move is that they will be selling about 400 billion dollars in short maturity bonds (3 years or less) and will use the proceeds to buy … Continue reading

Tagged , , Leave a comment

Quotables

“It is not greed that drives the world, but envy.” – Warren Buffett

Tagged , Leave a comment

Suzuki, Friedman, and Green Economy

Last year I went to hear Thomas Friedman speak in Montreal. The organizers had David Suzuki speak before Friedman about the environment and introduce him. I think that they chose Suzuki to open for him because he is by far … Continue reading

Tagged , , Leave a comment

Hindsight

I have been cleaning out my office in preparation for moving from DC to Chicago. I came across a small publication by GaveKal Research entitled Our Brave New World, published in 2005. It argued that the outlook for the global … Continue reading

Tagged 1 Comment

Copperline

I recently spoke to my friend Chester Ntonifor who is a commodity analyst about the economy. Given the volatility of markets and fears of a double dip recession, I asked him where we could look in the commodity market to … Continue reading

Tagged , Leave a comment

Seinfeld Wisdom on Investing

Anyone who has been investing in the markets lately has surely lost money. Perhaps they should have listened to the investing advice of comedian Jerry Seinfeld… “I’m not an investor. People always tell me, you should have your money working … Continue reading

Tagged , Leave a comment

Gold Price Factors

When S&P downgraded the rating on US treasury bonds recently, investors sought two safe havens from the perceived risk resulting from the downgrade. Ironically, the first safe haven was treausuries themselves and the second was gold. Of both asset classes, … Continue reading

Tagged , , Leave a comment

Quotables

“The country faces a fundamental disconnect between the services that people expect the government to provide…and the tax revenues that people are willing to send to the government to finance those services.” – Douglas Elmendorf, November 2009. Not much has … Continue reading

Tagged , Leave a comment

Grade Inflation and Keynesian Economics

When I was in high school I used to go away to summer camp in Massachusetts along with some friends from Montreal. Midway through every summer, kids would receive their report cards by mail. During the early years at summer … Continue reading

Tagged , Leave a comment