The Big Picture

Forget the Great Depression, the 1987 crash, or the dot com bubble; My pal Howard Lindzon has the right idea with these t-shirts: >

> Scott Patterson asks: Did the automatic shutdowns make the plunge worse? “A number of high-frequency firms stopped trading...

Chairman Ben S. Bernanke At the University of South Carolina Commencement Ceremony, Columbia, South Carolina May 8, 2010 • 40 KB PDF I...

While there can be no doubt that adding jobs is a better outcome than losing them, there remain some trouble spots that bear watching as...

David R. Kotok, Cumberland Advisors May 8, 2010 America’s stock market turmoil scared the “H” out of everybody this week. Part of...

The NYSE CEO blamed non NYSE markets — his market competitors. He claims their “thinly traded electronic markets” as...

President of TradersAudio.com Ben Lichtenstein’s breathless order-taking in the S&P 500 pit in Chicago during Thurday’s...

May 7, 2010 By John Mauldin The Risks from Fiscal Imbalances The Challenge for Central Banks Bang, Indeed! The Center Cannot Hold A...

“Not so long ago, if our markets experienced severe stress, and certainly a “fat finger”, human wisdom would intervene. Reasons...