Imagine you’re riding in the back seat of a car. Your friend is driving, and it’s storming outside. You assume that he’s going the right speed, checking his blind spot, following the car in front of him at a safe distance. You know there’s a possibility that at any second he could be swerving all [...]

Folks, the market opened up this morning with a bang. One of the reasons for this is the $1.3T bailout package they’re talking about over in Europe, which would take care of much of what’s ailing their sovereign financial institutions. I’ve mentioned quite a few times that the Europeans have slowly been moving from denial [...]