Economy The Reformed Broker

  • Why most traders fail

    Trading and investing is a risky business. Why do some investors succeed while others fail miserably? 

  • Is unprecedented inequality the reason our economy can't recover?

    In 1965, CEOs of large American corporations earned 20 times as much as their typical employee. Today, it's 270 times. Brown argues this income inequality to be the economy's greatest obstacle to recovery. 

  • Janet Yellen: The Dove Queen

    President Obama is expected to nominate Janet Yellen as chairwoman of the Federal Reserve this Wednesday. Should Yellen be approved by Senate and accept the position, she will come to the post amidst a huge fiscal debate and unemployment disappointments. It's her show now.  

  • Why Warren Buffett is richer than George Soros

    George Soros and Warren Buffett are two of the richest men in the world, but certain circumstances have helped Buffett come out on top. 

  • The market needs to scare Washington into re-opening government

    Stock markets are closing lower and lower as the government remains shutdown. Brown argues that a greater fall in stock prices may be the wake-up call Washington needs. The market needs to scare congress straight before Washington will get serious about finalizing a budget plan and re-open the government. 


Photos of the Week 10/15 Photos of the Week

Spectactors attend the opening of the Lumiere 2018 Grand Lyon Film Festival, in Lyon, France, Oct. 13.

More The Reformed Broker
  • Is there enough diversity of thought on Wall Street?

    In a recent interview, one expert worries that investors in one market sector – hedge funds – are increasingly moving into similar positions, which could lead to crowded trading. That could be a problem. 

  • Survey: Americans don't understand interest rates' effect on investments

    A surprisingly high number of Americans don't understand the impact of interest rates on their retirement accounts and investment portfolios, according to a recent survey. But the level of comprehension increased with age, to a point. 

  • Betting on former J.C. Penney director Bill Ackman

    Although the beleaguered Bill Ackman received negative publicity after he took a spat between him and J.C. Penney's directors public, Brown says his bets are on Ackman. Leaving J.C. Penney was the smartest thing Ackman has done in a while, Brown says.

  • Has your kid moved back in with you? You're not alone.

    The proportion of 18 to 34-year-olds living with their parents has steadily risen since the recession hit in 2007, according to Fortune magazine. Is the trend about to change? 

  • Obama versus austerity: Who wins?

    President Barack Obama is making a push to bolster spending on infrastructure and R&D, but is it too late for him to combat austerity? Brown says it may be.

  • Facebook is profitable, despite what you hear

    Facebook has been growing since its IPO last year, and advertising revenue for the company increased 61 percent from last year. Facebook is making a lot of money now and starting to deliver on the promise of its IPO.

  • Beware the Fed taper? Not quite.

    Investors should not race to dump their stocks every time Fed Chairman Ben Bernanke speaks, Brown says. 

  • Is Europe about to 'go American'?

    Asset reflation has allowed the US to slowly pull out from the recession, while spending cuts across Europe have crushed recovery, Brown says. Depending on the outcomes of elections in Germany, Europe may begin pursuing much looser monetary policies.

  • How to succeed at investing

    What distinguishes one investor from another is his or her ability to predict what the crowd is about to do next, Brown says. 

  • Who bought the dip?

    Tumbling down in its worst weekly drop of 2013 so far, the S&P 500 fell by 2.1 percent last week. Retail investors, however, bought on a net basis.