Regulator turf wars

For almost a year now I have said that long-lasting recovery can only come from important regulatory changes. We haven’t discussed this important element of future success much lately. Unfortunately, Congress and the public have lost interest in regulatory...

Earnings updates

Happy Friday! I hope that this post finds everyone smiling and doing well. Microsoft has had its worst 12 months ever as a public company. In the most recent quarter sales were down 17%, while net income was down 29%. Sales and profits were supposedly weak across many...

How the Fed plans to exit the bailout fray

A widely read opinion piece written by the Federal Reserve’s Chairman, Ben Bernanke, appeared in the Wall Street Journal yesterday. The piece was entitled, “The Fed’s Exit Strategy.” A summary of the piece follows along with my commentary....

Tons of updates

In an attempt to make the blog more readable, more often I have decided to provide brief updates on business news in a consolidated format. Interspersed will be the big opinion pieces. Hopefully everyone digs it. It should reduce folks having to slog through. *****...

Across the board earnings reports are good

Happy Sunday! Though only 11% of major companies have reported their second quarter results, 71% of those reporting have beaten analyst expectations. That 71% compares to the average number of companies beating analyst expectations of 61%. Yes, its true that...