Financial Markets
Predicting the Stock Market
As the nation's equity markets crumbled, the question that inevitably arose was "When will stock prices stop falling?" And there was always some willing economist, journalist, politician, or other self-appointed pundit ready to take the bait.
Romania’s Stock Exchange: What Went Wrong?
Financial meltdowns and exploding funds have discredited the free capital market in Romania. But was it a case of market, or government, failure? Tudor Smirna investigates.
Stock Market Scams
Manuel Asensio is better than the SEC when it comes to ferreting out stock scams—and, therefore, performs a fabulous market function by selling short. Christopher Mayer explains.
Sacagawea: What Happened?
The Sacagawea $1 coin was introduced with great fanfare. But so far as anyone can tell, it has disappeared. What happened? Burt Blumert explains.
The Languishing Euro
The European currency is stuck in a rut because governments have insisted on using the conversion period as an excuse to collect more in taxes. Hans Sennholz explains.
Wall Street and Jesse Jackson
Why are some of the top names in the securities industry cooperating with an obvious shakedown racket? Gregory Bresiger explains what's behind the Wall Street Project.
Needed: Spending Cuts
Tax cuts are great, but there is a missing element in Bush's budget: any attempt to cut outlays. New spending must be paid for somehow, someday, writes Frank Shostak.
Personal Savings Collapse
A former Fed chairman explains how the stock-market bubble has changed American values for the worse. Gregory Bresiger reports.
Is Your Mutual Fund Safe?
If millions of mutual investors should stampede out of their holdings, would they cause a "mutual fund death spiral"? Under the Investment Company Act, the SEC is authorized to suspend the redemption obligation.