A 40-year veteran of small-cap investing, Bill Nasgovitz never used to concern himself much with the broader macro picture of the US economy. A dedicated, bottoms-up value investor, Nasgovitz simply

It’s understandable to feel a bit sick when you’re trying to decide whether to throw your money into a hospital stock. But many analysts believe that, despite the current turmoil around h

The present contains all possible futures. But not all futures are good ones. Some can be quite cruel. The one we actually get is dictated by the choices we make. For the last few months I’ve b

Editor's Note: This article was written by James Quinn, a senior director of strategic planning for a major university. James has held high-level financial positions wit

I’ve been in South America this week, speaking nine times in five days, interspersed with lots of meetings. The conversation kept coming back to the prospects for the dollar, but I was just as

Peggy Noonan, maybe the most gifted essayist of our time, wrote a few weeks ago about the vague concern that many of us have that the looming monster has the potential (my interpretation) not only to

Coverage of the recession has been top-down, emphasizing Washington politicians and Wall Street bankers rather than people on Main Street, a study by the Pew Research Center’s Project for Excel

Friedrich Nietzsche wrote:  “To trace something unknown back to something known is alleviating, soothing, gratifying and gives moreover a feeling of power. Danger, disquiet, anxiety att

John Mauldin coined the incredibly popular phrase “Muddle Through Economy.” If the next few years continue to drag along as we rebuild from the greatest credit bubble in history, then Joh

We’ve arrived at this particular economic moment in time by the choices we’ve made, which now leave us with choices in our future that will be neither easy, nor convenient, nor comfortabl