Housing Heads for a Double Dip

The latest S&P/Case-Shiller figures are disconcerting. There is no evidence that the housing market is improving. On the contrary, it appears to be headed for a double dip. Read my latest commentary at The Fiscal Times.

Book Review

Just want to thank Brenda Jubin who runs the blog, Reading the Markets,for the favorable review of my latest book, The Forbes/CFA Institute Investment Course co-authored with Steve Horan of the CFA Institute and Chuck Trzcinka of Indiana University.

We Could See More Selling Ahead

I'm growing increasing concerned about the behavior of the stock market. Stocks have been strong despite serious concerns about the economy, but yesterday's almost two percent selloff could be a harbinger of things to come. While I continue to find compelling buys in individual stocks (which I highlight in the Forbes Special Situation Survey, my outlook for the market as a whole is growing more bearish. I explain why in a recent posting at The Fiscal Times.

Buffett's Letter Does Not Disappoint

Buffett's annual letters to shareholders always make for interesting reading. They are full of pithy comments and there is usually a surprise or two. This year's letter was no exception. Read more at The Fiscal Times.