This week's Outside the Box is going to be a little different. I am going to write about the extraordinary action by the NY Fed to foster the Bear Stearns deal with JP Morgan, and give you three brief notes from Michael Lewitt of Harch Capital Management and Bob Eisenbeis (former executive vice-president...
Dear Fellow Global Adventurers , This past week I came across worthy comments from Dr. Marc Faber of the Gloom, Boom & Doom Report in which he comments that, by continuing to cut interest rates, Bernanke will eventually "destroy the U.S. dollar." If Bloomberg is reporting accurately, and...
Dear Readers, It's getting to the point where even the most determined optimist is having a hard time finding a good reason to roll out of bed. Among just the smattering of news that crossed the lens this week... Producer prices rose 7.4 percent in January from a year ago, coming on the heels of...
Dear Readers, Good morning! And welcome to this edition of The Room! If that salutation suggests a certain snap in my step, well, you'd be right. After all, one can't let one's attitude be overly colored by the gloom and pessimism now stalking the land. No, this is America... or, at least...