The mid-term election results appear to match what market participants expected in the days leading up to voting yesterday. We will refrain from political commentary other than to make the observation that there is a difference between “benign gridlock” when ...

Roger Lowenstein is the author of five books covering financial markets. His latest book, The End of Wall Street, was published in April. Mr. Lowenstein is also the author of an excellent biography on Warren Buffett written in 1995 which ...

Many consumers and investors have been badly burned by debt and avoid it like the plague. However, the tax code makes mortgage debt a potentially attractive hedge against inflation ...

A very brief video clip of Federal Reserve Chairman Ben Bernanke announcing that the recession is over has been seen on nearly every nightly newscast this evening. What is more relevant are the comments Mr. Bernanke made prior to stating ...

There has been much debate recently regarding the need for a "systemic risk regulator" empowered with the ability to take corrective action to prevent the types of dangerous episodes that have become the norm over the past year. Read this ...

James Grant, publisher of Grant's Interest Rate Observer, appeared on CNBC today and commented on Federal Reserve policy and his outlook for interest rates and inflation. I found the following quote to be particularly interesting. Interested readers should view the ...