
There has been plenty to read and digest over the Obama proposed stimulus package. It seems destined to be voted on and in place by the time he is sworn in as the 44th President of the United States.... read more »


The market is always boring on Christmas Eve. You can tell if someone may be a trading junkie if they sat through today's entire 9:30AM-1:00PM session, despite me telling them to occupy their time... read more »


It seems like Capitol Hill should have an announcer out front yelling, "Step right up! Get your piece of the amazing bailout pie here!" It seems like there is one already, actually, now... read more »


Many attributed yesterday's rout to the official announcement from the NBER that the economy has been in a recession for months. That wasn't news, it was a punchline.Obviously, the market had priced... read more »


The sobering notes below were sent by a contact who attended a very recent conference put on by the Urban Land institute. I recently wrote about the unfolding turmoil in commercial real estate, so... read more »


Election's over--back to reality. And the reality is: while credit conditions have indeed loosened somewhat recently, the financial de-leveraging continues.Today's reminder of this reality came from... read more »


ETF investors have long lamented the fact that there isn't a vehicle for tracking the CBOE Volatility Index (VIX). The fact that it has rocketed from 25 to 50 in 2008 only makes matters worse. Every... read more »


Even with the downturn in the residential housing market, and credit issues that continue to make front page news, as of the end of September REITs have generated total returns including dividends of... read more »


REITs have been lost in the crowd as financials and real estate both have been out of favor. The reality is the index pulled back more than 30% from the highs, but has spent the last six months... read more »


If you've been burned by the commodity bear this summer... raise your Blackberry. Come on, now. There should be more gadgets in the air than that. I am including iPhone owners. You know that the... read more »












