Latest
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Dow 20,000? Why Not?
investing Stock prices are reasonable relative to earnings and the returns from alternatives are meager. So, there's your upside potential.
investing -
The Fed's Rate Forecast Is Too High
Economic Forecasts Powerful economic forces, such as sharply lower growth in the labor force, are pushing interest rates down.
Economic Forecasts -
All the Things Thomas Pikkety Got Wrong
Markets The author of Capital in the Twenty-First Century has a flawed view of capitalism.
Markets -
The Conversion of Bill Gross
investing It's good to see a long-term stock market bear concede that stocks are not overpriced.
investing -
Low Rates Are Here to Stay
investing The smart money sees powerful economic forces, which transcend the power of the Fed, pushing interest rates downward.
investing -
Is the Bull Market Over?
investing With today's low interest rates, it makes sense that price-earnings ratios should be higher than average.
investing -
Is the Market Rational?
investing Nobel laureate Robert Shiller showed that fluctuations in the stock market were consistent with fads and euphoria.
investing -
What Keeps Me Awake Now
investing I still believe we will emerge from the slow growth in productivity. Nevertheless, it's crimping corporate profits.
investing -
Time to Tackle Social Security, Medicare
Politics 30 years ago, a bipartisan commission (yes!) helped fix these entitlement programs. Let's try it again.
Politics
