While the 0.4% perfectly unmanipulated and totally coincidental swing in the unemployment rate in an Obama favorable direction one month before the election came at a prime time moment for the market, one hour ahead of the open, setting the market mood for the rest of the day (which despite all be... Read more...
Over the past decade, lots of big newspaper companies have gone bust. But when you take a look at what's happened to newspaper advertising over that period, it's a wonder they all haven't. Below, via Mark J. Perry and Bill Gross, is a chart we've run before. It shows inflation-adjusted newspaper a... Read more...