Warren Buffett writes a thank-you note to Uncle Sam (and Ben Bernanke, Tim Geithner, and Geoge W. Bush) for averting disaster at a time when no other player could have done so.
The NY Times reports on the persistent pessimism among consumers, even as economic recovery gains strength and markets rise. AMERICANS became more pessimistic about their chances for higher incomes during the Great Recession than at any time in the past 45 years. That pessimism has…
Doesn’t it feel like we’re living in a pendulum kind of world lately? Every other week brings news of a weaker-than-expected economy, which is then followed by a week of statistics showing a stronger-than-expected economy. With the stock market, naturally, swinging back and forth in sympathy. In keeping with…