Whenever a large loss hits the headlines, it is always blamed on a “rogue” trader. Someone has to be the fall guy for the mess. The JP Morgan trader who lost $2 billion in the past six weeks has been vilified in the press, and his superiors fired for allowing …

Wednesday the NASDAQ took another beating, and extended the losing streak to five sessions one of the longest losing streak in more than five months. Combined with nervousness in Europe, more flight “flight to quality” occurred as the yield on the ten year note fell below 2% again. In addition …

Numbers released on Tuesday showed that the Industrial production of the 17 countries that comprise the Euro Zone had a decline of Industrial production for the fourth month in a row. It now appears that with two quarters of negative growth the dreaded double dip recession has returned. Year over …

It seems like every Sunday night in the US the markets open lower. Some problem has arisen again in Europe. Last week it was the election of a socialist government in France.  Sunday it appeared to be a combination of factors. First and foremost was the continuing problem of Greece. …