The Federal Reserve Board does not make a practice of announcing when the stock market is in the midst of a speculative bubble. It officially notes deviant market behavior only well after the event, when it is too late for investors. Most shareholders will not realize they are now in hazardous times — this […]

The Harvard Business Review of February 2007, featured its list of “Breakthough Ideas for 2007″ which sheds light on the regard that US business executives and their mentors now have for ordinary stockholders. […]

As the graph below shows, there has been a boom in the sale of new, single-family homes in the US since the late 1990s. In recent weeks, common wisdom bandied about on financial talk shows is that this housing boom was somehow caused by Federal Reserve Chairman Greenspan’s reduction in short-term interest rates during the years […]