Rossputin.com

Several months ago, with the Dow Jones Industrial Average in the low-8000's, I predicted that the stock market would be in a fairly long-term trading range of roughly 6500-9500.  Not too long afterwards, the market bottomed very close to my 6500 predicti… more »

I don't recall on which of the blogs I contribute to it was where I got a comment that the Administration does not want to broadly regulate executive pay. I said something like "Geithner has said it before and even though he's slightly backed away from… more »

(H/T Connie Hair) It's about time: Yesterday, House of Representative's Committee on Oversight and Government Reform issued a new study entitled "The Role of Government Affordable Housing Policy in Creating the Global Financial Crisis of 2008". Ac… more »

(H/T Delta Mike) Starting Monday, a company called Javelin Funds has launched the first Shariah-compliant ETF (exchange traded fund), essentially a tradeable basket or index of 100 companies, based on -- wait for it -- the Dow Jones Islamic Market Int… more »

One of the most prolific (and one of my favorite) writers about economics and markets is John Mauldin. All the more remarkable is how much of his work is available for free (check out investorsinsight.com and frontlinethoughts.com.) In his "Outside the B… more »

In a bit of what may be short-lived excellent news, Supreme Court Justice Ruth Bader Ginsburg, who has jurisdiction over matters that come from the Second Circuit Court of Appeals in New York has put a stay on the sale of Chrysler (or more precisely many… more »

An appeals court today refused to block the sale of Chrysler's assets to Fiat in a deal opposed by several Indiana pension funds. The court said that a sale must not be completed until Monday, giving the Supreme Court an opportunity to say they will hea… more »

The hilarious misanthropic demotivators over at Despair.com are selling a new Government Motors T-Shirt... more »

George Mason University economist Russ Roberts quoted the following extremely appropriate passage from Adam Smith's The Wealth of Nations. The statesman who should attempt to direct private people in what manner they ought to employ their capitals wou… more »

Following the anti-climactic filing of General Motors for bankruptcy protection, it's hard to see how the future looks much better for the company or the American taxpayer. For my more in-depth look at the GM bankruptcy, please see my article at Huma… more »