Sam Rogers, head of trading: “And you’re selling something that you “know” has no value.” John Tuld, CEO: “We are selling to willing buyers at the current market price.” John Tuld: “So that we may survive.”                                                             “Margin Call” If you ever wondered where you stand on Wall Street, the op-ed opinion piece in yesterday’s [...]

Over the last week a flurry of price forecasts for gasoline have reverberated through Wall Street. Some experts are guessing that pump prices could easily top $4.00/gallon and possibly higher by Memorial Day this year.

It started last week with a 25% plunge in silver prices. Gold, oil, corn, and coffee followed in sympathy, and by the end of the week it was a full scale route across the commodity spectrum. These price declines will save corporations and consumers untold trillions of dollars. So why isn’t the stock market celebrating?

Housing has been the bad boy of the financial markets ever since the first sub-prime mortgage loan went bad back in 2007. So it may come as a surprise to some that I believe that this scorned and much-hated sector of the economy is ripe for a comeback. But don’t look for a get-rich-quick kind [...]