Since no one in Washington seems capable of being more creative than pulling page after page from the Great Depression playbook, the centerp...

In honor of Friday before a long weekend, here's some off beat analysis to provide food for thought.  The chart below shows the cyclica...

Today's unemployment number was poor, and of course many are using that as an opportunity to call for yet another round of QE.  Given th...

Within the ISM data reported today there was an interesting dynamic at the inventory reporting lines.  Businesses reported that their own in...

I write this letter monthly for the benefit of Avondale Asset Management's clients.  It is reproduced here for informational purposes fo...

If the US economy entered recession in August, nobody told the US consumer.  Despite the lowest consumer confidence readings in years report...

Great chart in the Wall Street Journal today tracing the roots of today's telecom giants. Click to Enlarge