Roger Arnold is the chief economist for ALM Advisors, a Pasadena, Calif.-based money management firm specializing in income-generating portfolios. Concurrent with his other business responsibilities, Arnold was a radio talk show host for 15 years. He focuses on behavioral economics and chaos theory, better known as the "butterfly effect." He explains the relationships between political, economic and social systems, and how they are all reflected in the financial markets -- stocks, bonds, commodities, currencies and real estate.

The 'Texas Ratio' shows that nonperforming assets remain a problem.
Banks are not lending, and the debate over quantitative easing will likely get louder.
| May 20, 2013
| 12:08 PM EDT
Gold just spiked up by about $30. Massive move.
There is a vast disconnect between the meteoric stock rise and this bank’s actual performance.
| May 16, 2013
| 9:20 AM EDT
... average hourly pay up but average number of hours worked and down - this real weekly earnings decelerating.. the rep...
| May 16, 2013
| 9:00 AM EDT
... for the week, both seasonally adjusted and not... http://www.dol.gov/opa/media/press/eta/ui/current.htm http://www.r...
| May 16, 2013
| 8:56 AM EDT
... following PPI in same direction yesterday... Long end treasury yields should be declining.. the 10 year yield stuck ...
| May 16, 2013
| 8:39 AM EDT
http://www.reuters.com/article/2013/05/16/idUSCLAGGE93L20130516
| May 16, 2013
| 8:33 AM EDT
S&P cut BRK-A to AA from AA+ and put on negative outlook
When the market soars in a tepid economy, you need to be aware of long-term trends.

Columnist Conversation / Market Updates

| May 22, 2013
| 6:44 PM EDT
Hewlett-Packard is surging after the bell. The stock is up well over 10% following a solid Q1 earnings report. If...
| May 22, 2013
| 5:38 PM EDT
Actually, there was a massive reversal on Feb 25 of this year but a bit different where we closed on the lows of the day...

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