Archive for March, 2010

• Curb Your enthusiam, part II
• POSTED 03.6.10

Stocks leaped off the bottom, after the market panic passed, and the economy did too.  The first two quarters of recovery were unexpectedly strong. Now, however, various leading indicators point to slower growth later in the year and early next year. Not a return to recession but not a boom, either.
That suggests disappointment for stock-fund [...]

• Consumer financial protection: Alive or dead?
• POSTED 03.2.10

Maybe I mourned too soon.
I donned black crepe when Senator Chris Dodd (D) proposed killing Obama’s Consumer Financial Protection Agency—replacing it with  a “bureau” that looked like a useless glob. Supposedly, Dodd was trying to compromise with the Party of No.  But for them, even a glob proved an ooze too far. He got zero [...]