Michael Ashton

E-PIPHANY

Contributor since: 26 Feb 2010

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• Too Sanguine By Half

  Published 24 March 2010 | viewed 1,178 times

  I have worried for a while about what might happen when we approach the end of March (see for example this comment in January), when…

• Tragedy And Comedy

  Published 22 March 2010 | viewed 1,062 times

  Do you really want to read another comment that concerns healthcare and Greece? Really? Then read on. The healthcare bill passed the House of Representatives…

• Entropy

  Published 17 March 2010 | viewed 1,211 times

  As regular readers will know, one reason I write this comment is so that I can ensure a regular flow of interesting and thought-provoking conversations…

• Conservation-Of-Madness Strikes Again

  Published 16 March 2010 | viewed 2,322 times

  All the rain in the world (and it seems like we got, in fact, all the rain in the world) was unable to long dampen…

• Give Me A One-Handed Economist

  Published 11 March 2010 | viewed 2,542 times

  Wednesday was another in a string of boring days - welcome boring days, given that Old Man Winter seems finally to be loosing his icy…

• Shift-F9!

  Published 08 March 2010 | viewed 2,919 times

  For the second month in a row, the Employment report was stronger-than-expected. Let me attach two caveats, however. First, this month's exceeding of expectations was…

• Am I Really Missing The Volatility?!

  Published 03 March 2010 | viewed 2,683 times

  It was another quiet day on Tuesday. The stock market opened with a gap up, but faded; bonds with a gap down, but covered that…

• Spinning A Consistent Yarn

  Published 01 March 2010 | viewed 1,471 times

  It is true, the economic data is not singing harmoniously. Employment not only remains weak, but seems as if it may be weakening again; housing…

• Last Refuge

  Published 25 February 2010 | viewed 4,031 times

  For the second day in a row, the economic data fairy left a lump of coal in the market's stocking. January New Home Sales, expected…

• Ex Uno, Plures

  Published 24 February 2010 | viewed 2,217 times

  So much for a quiet day in the markets. The fading of momentum from both sides may in fact be, as I feared, a sign…

• I Am Become Debt, Destroyer Of Worlds

  Published 28 January 2010 | viewed 4,476 times

  The stock market bounced back today, but in a fairly unconvincing fashion (if you ask me). After a couple of waterfall-decline sorts of days, a…

• When Government Is Like A Box Of Chocolates ...

  Published 12 January 2010 | viewed 2,697 times

  I don't know if it was Reagan who said it first, but he was the first person I am aware of who said that government's…