Russia Can’t Help Being a Gold Bug
The dramatic drop in the price of gold makes Russia look like a classic sucker, but it’s not that simple.
Job Market's Signals for the Fed
Just a slight strengthening of labor market conditions (particularly on the wage front) would be enough to increase the probability of a September rate hike.
This Recovery Really Is Different
Credit bubbles are very different from ordinary recession recoveries. Bank crises and the long, slow, painful recoveries are simply not comparable to other business cycles.
3 Ways to Tell if a Stock Has Hit Bottom
As Ben Graham said, it's better to buy after a decline, but how do you tell if a stock has finished declining?
To Help the Middle Class, Raise Interest Rates: Searching for Alpha for August 2015
Everything from corporate greed to the tax code has been blamed for the expanding wealth gap, but artificially low rates may be a bigger contributor.
Pay Attention, Ignore the Fed
There's a whole generation of traders who have never seen a rate increase, but normalization of interest rates can't get here soon enough for me.
Ritholtz: Stop Thinking About the Market as if It Were Human
The language we use to describe market moves changes both our expectations and our behavior.
How to Explain China’s Stock Market Crash to Your Clients
The crash in the Chinese stock market is very serious, but the likelihood of it spreading to U.S. equity markets is low.
Cheap Money Is Here to Stay
With commodity prices sliding, China slowing and governments reluctant to adopt bold reforms, jittery markets are demanding ever-bigger gestures from central banks.
A Pension Fund Comes to Its Senses
San Diego County's pension board has fired its outside pension-fund manager, Salient Partners, for its high leverage and costs and poor performance. There's a lesson here.