November 2008

On this Black Friday, the focus is clearly on the retailers. How will they weather the storm? Might we be priced for too much doom and gloom? This morning, I talked to two top-notch CEOs about what they are doing to attract customers and keep them in the store and how they are maintaining the right inventory without overestimating demand. Have fun shopping!!! Take a look. First up, Terry ... read more

This morning legendary investor Jim Rogers joined me on Money for Breakfast for an in depth interview. If the name is not familiar, just Google his name and you’ll see countless articles on him. One of his greatest achievements, although he may disagree, was meeting a man named George Soros, where together they founded the Quantum Fund. In the 10 years after it was launched, they famously ... read more

Yesterday morning I played trains with my youngest son Slate. He is 23 months old, obsessed with Thomas the Tank Engine and as cute as a button. He hopped in bed with me, grabbed four trains, and held two for himself and two for me. We then rolled our sets of trains back and forth at each other as he screamed with a smile so wide it made my heart flutter, "ready, set, ... read more

This morning on Money for Breakfast, I interviewed a man that predicted this financial crisis back in January of 2007. He was, without a doubt, the smartest, most engaging guest that I have ever had. His analysis and predictions are shocking. His name is Niall Ferguson. He's a Harvard historian and professor and the author of Ascent of Money: A Financial History of the World. The book documents ... read more

At the close of the market yesterday, after a 5-6% drop across the board, I called a good friend in the credit markets to see what was going on. He said the cause of the sell off was the credit markets. Does it help to have the car company executives testifying on Capitol Hill about how dire their situation is? No. Does it help to have Bernanke, Paulson and Bair testify before Congress about the ... read more

It sounds bizarre right? You're probably thinking computer piracy. But that's not what I am talking about. I'm talking about pirates, as in, Jack Sparrow, Pirates of the Caribbean, pirates. Only these pirates are more dangerous than ever. Somali pirates are weaking havoc on shipping lanes from the Indian Ocean to the Gulf of Aden between Somalia and Yemen. Yesterday they seized a Hong Kong ... read more

On my last blog “Where Should the Government Draw the Line?” I got some spirited responses about how much is too much and where we draw the line. Frankly, with good reason! In yesterday’s New York Times, Andrew Sorkin wrote an excellent article entitled “A Bridge Loan? U.S. Should Guide A Helpful Chapter 11.” The premise of the article was to have the U.S. government do what is called a ... read more

This morning, I am appearing on the CBS Early Show and then running back over to my show at Fox. One of the things shows do is they pre-interview you to see how you feel about a specific topic. Last night the CBS Early Show team asked me the following questions. My responses are below.  They want to talk about how it seems like every week there’s another bank or institution that’s getting ... read more

Here are some photos from election night at Nasdaq. Very memorable! Look at the crowds in Time Square. What a night!            read more

There is nothing that I can say or write that will compare to some of the things that I have heard or read over the past couple of days since Sen. Obama became president-elect. I was particularly touched by Thomas Friedman's piece in the New York Times the morning after the election called “Finishing Our Work.” Friedman talked about how long and how far we have come since the end of the Civil ... read more