In case you were wondering …

This past weekend was the bike ride/race I first mentioned in a Money and Markets column back in January. I’m happy to report that I did in fact cross the finish line on my bike, rather than on a stretcher! The 100-kilometer ride took about 3 hours and 45 minutes to complete and I couldn’t have asked for better weather.

1. Beige Book: The economy stinks That headline pretty much sums up the latest “Beige Book” report from the Federal Reserve. If you prefer the full...
2. FNM, FRE preferred pain spreads I’ve mentioned recently (including in this Money and Markets piece) that the falloutfrom Fannie Mae and Freddie Mac is spreading far and...
3. Ugly stocks, ugly bonds, but the dollar keeps doing its Energizer Bunny thing There was more interesting market action today. The S&P 500 closed at a 12-year low, with other key indices (transports,...