US Property Prices Fall

Real Estate prices in major US cities rose for the second straight month in May, propped up by a flurry of spring buyers. But after adjusting for such seasonal factors, prices fell in a majority of…


The Joy of Cash

By Chris Farrell You’ve probably heard of a "black swan," the catchphrase coined from the 2007 book by author and investor Nassim Nicholas Taleb. A black swan for investors is essentially an outlier…


Obama crashed the Senate and House Web Servers

You have to assume that the markets expect some kind of debt deal to happen.  The mild reaction to the dysfunctional government can only be interpreted as frustration about the timing and method of a…


6 Likely Social Security Changes

6 Likely Social Security Changes usnews Philip Moeller, On Monday July 25, 2011, 12:53 pm EDT…


Gloomy forecast for Europe's Banks causes lots of pain for short sellers

Time and again, Sean Egan and his team at Philadelphia-based Egan-Jones Ratings have made important calls months ahead of their better-known rivals. The firm has won grudging respect for its work on…