Everything you thought you knew about diversification is wrong. So is everything you thought you knew about portfolio risk. It took the meltdown of September and October 2008 to flesh out the story, but the plot outlines have been in place since the 2000 tech-stock bust. Read more about Jane Bryant Quinn...

Click here to read complete article.

For five years, Felicia Brown had the luxury of living by herself in a three-bedroom townhouse in Upper Marlboro. Read more about Back Home to Roost...

Click here to read complete article.

Why does it take so long in the bank? I spent over an hour in the bank this morning. Last month, before they moved my friendly little “Bank in the Mall” to its new quarters in a big building, everything happened instantly. I would walk in; both clerks would greet me by my first name with ...

Click here to read complete article.

Gotta love this headline: Ford Has Loss of $1.4 Billion in Quarter, but Beats Forecast. How bad must that forecast have been??In other economic news, I really liked the charts of median housing prices vs. income in various cities that accompanied an article in the NY Times a few days ago. If you look at ...

Click here to read complete article.

Traditional Banks Have Squeezed the Life Out of Consumer Lending While the U.S. economy continues struggling to show signs of life, U.S. and international banks are tightening the noose on consumer lending, spurring the growth of payday loans in Indiana. Prognosis for an economic turnaround early this year rapidly turned to fantasy as the January 2009 ...

Click here to read complete article.