Edward R. Dewey was a Harvard-educated economist who worked for the Department of Commerce during the 1929 stock market crash. After the crash he was assigned the task of finding out what caused the

1. The Economic Crisis Takes a Virulent TurnThe word credit comes from the Latin "credere" which means "to believe, or to trust." That's really all you need to know about the mode

With many wondering if the market is going to run out of steam soon, it may be time to look for some names that have underperformed in their sectors.With the price of oil on the rise, one name that d

Editor's Note: This article was written by energy journalist and government energy adviser John C.K. Daly of OilPrice.com, which offers free information and analysis on energy and commodities. The si

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

Last night Bloomberg printed an article about Fannie Mae (FNM) and Freddie Mac (FRE). Here are the lowlights:1. There were 2.6 million defaults on residential mortgages in the first nine months of 20

Traditional wisdom tells us never to lend money to friends. But traditional wisdom has it slightly wrong. Lending money and property to friends is okay, as long as you feel comfortable with the arran

Everything we know about classic economic theory suggests the US economy should be experiencing Zimbabwe-like hyperinflation right now, thanks to the nearly $2.2 trillion the US Federal Reserve has p

Open up that fortune cookie and the message couldn’t be simpler: The Chinese economy is going gangbusters.The boys in Beijing managed to drive home a near 9% real GDP growth rate in the third q

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