The one-handed economist Book Review: “Slaughterhouse Five” by Kurt Vonnegut I searched out this 1969 book when we were in Dresden — the eastern German city whose WWII firebombing played a big role in Kurt Vonnegut’s life and perspective. The book is ostensibly about the firebombing but 90 percent of it is devoted to the […]

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– by New Deal democrat This morning’s report on housing construction may be the last decent one for quite awhile. Let’s wistfully take a look. I’ve been writing for most of this year that housing did not look like it was heading towards a recession, but was most consistent with coming out of one. Although […]

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Most of our retirement and savings portfolios are in equities. While we have been investors for over 40 years, we don’t gamble with stocks or tried to time the market. We’ve never borrowed to buy stocks. If you’re a stock market gambler, now might be a good time to fold ‘em. “Margin debt went from […]

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