Patrick Watson



Aug 27, 2014
Investors obsess over the stock market. Will it go up or down? When is the next crash coming?


Aug 20, 2014
The Massachusetts Institute of Technology is a storied institution with an excellent faculty, but at least one of them is also a second-rate swindler. His "research" proved that wealthy, intelligent people make dumb decisions just like regular folks.


Aug 13, 2014
Modern banking is a giant confidence game. Banks accept cash from depositors, then lend the money to borrowers, while simultaneously promising the depositor instant access to their cash. This would be fraud in any other context. For banks, it's routine business.


Aug 6, 2014
Whatever you think about Edward Snowden, there is no doubt his revelations from inside the National Security Agency (NSA) rocked the technology sector. The consequences are still unfolding more than a year later , and a new independent report says much more is coming.


Jul 30, 2014
This week's Federal Reserve policy meeting marks Janet Yellen's first six months in the hot seat. What has she accomplished, beyond further inflating Ben Bernanke's asset bubble? Answer: not much.


Jul 23, 2014
The current equity bull market is still climbing the veritable “wall of worry.” It is nowhere near the top, but is also high enough that an accidental fall will hurt. A new wave of merger and acquisition activity is about to push it even higher.


Jul 16, 2014
Remember TARP? The 2008 "Troubled Asset Relief Program" let George W. Bush spend $700 billion of your money to "promote financial stability."


Jul 9, 2014
Back in January, I gave you my predictions for 2014. Now we're halfway through the year and it's time for a gut-check.

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