The numbers came in last week: France is in recession again, for the third time in five years.  A triple-dip recession. Sacre bleu! There is some debate as to whether this is a double-dip or a triple-dip recession; that mini-recession in 2012 was questionable.  But there is no escaping the broader point here.  France has...Read More

The New York Stock Exchange and other major U.S. markets are scheduled to reopen Wednesday after a two day hiatus—the first multi-day weather-related closure since the blizzard of 1888 and the first unscheduled closure since the September 11, 2011 terror attacks. With much of the East Coast a wreck, what should we expect when trading...Read More

EconStories posted a second part to their Keynes vs. Hayek smackdown: Thanks to @cameronsinclair for sending me the link.Read More

This is a few years old now, but it still gets a laugh out of me. With the focus on the Fed and quantitative easing these days, it’s worth another watch.Read More

The Greek election came and went without much in the way of market reaction.  It would appear that “Mr. Market” is tired of hearing about Greece and has now moved across the Mediterranean to Spain. But for all the wailing and gnashing of teeth over the country’s finances, even Spain is a relatively minor problem...Read More