Perspectives: The Ross Asset Weblog

Someday you will sell your home When you move, you will learn what a house is: a highly-leveraged, highly-concentrated bet on the future value of residential real estate. The Real...

One Step Forward, Three Steps Back Earn 1% on your bonds. Lose 3% to inflation. Ever wonder who gets the extra 2% that you are losing? The government, through a reduction in the cost...

Understand the US Economy at the trillion dollar level and you will understand: Why balancing the budget is so difficult Why a glide path to a 2020 balanced budget is probably a...

Most Americans are sitting on too much cash. They want an attractive alternative to stocks and bonds. Rent Your Capital What to do with the cash you're hoarding? Rent it out! You...

Terrific set of graphics from the WSJ depicting the differences across the European Union member states. When you click through, choose the Interactive Graphics tab. It's really a...

NYU Economics Professor Nouriel Roubini grew famous for correctly calling the 2008 financial crisis, but he is no one trick pony. Investors signing up for a free account on the Roubini...

From David Zervos (via Mauldin) on how deleveraging will create opportunity: "So we are trying to grow this economy with one hand tied behind our back. [Brendan: meaning traditional...

That Greece is broke is old news. Broke companies end up in receivership, meaning that a representative of the creditors is put in charge. The company can't cut checks without the...

A Tale of Two Americas There are two Americas. One is based on fierce competition, and one is based on father knowing best. Both Americas are large employers, but in only one America...

The Year of The Dragon starts today. The Dragon has [sic] "head of an ox or donkey, eyes of a shrimp, horns of a deer, body of a serpent covered with fish scales, and a feet of a phoenix...