Barry Ritholtz is a Bloomberg View columnist writing about finance, the economy and the business world. He started the Big Picture blog in 2003 and is the founder of Ritholtz Wealth Management, an asset management and financial planning firm. Ritholtz was previously the chief executive officer and director of equity research at FusionIQ, a quantitative research firm for which he continues to consult. He is the author of "Bailout Nation" and is a graduate of Stony Brook University and Yeshiva University's Benjamin N. Cardozo School of Law. He lives on New York's Long Island with his wife.
The chart gives an inkling of why working class voters are angry with the powers that be.
The big problem with sentiment as an indicator is that the data is often noisy and inconclusive.
No demographic group has suffered more from the disparate distribution of economic progress than the 25-34 age cohort
There is the claim that buybacks are identical to dividends, but this turns out to be less true in practice than in theory.
The chamber is at odds with the interests of some, if not most, of its membership on some key issues.
The fiduciary rules expected on Wednesday seems like rather reasonable standards for financial advisors.
The one data point you don't hear much about is productivity.
Some of the findings of the past decade are beyond Albert Einstein’s wildest theoretical imaginings.
The candidate has turned to former U.S. Senator Phil Gramm, who helped set the stage for the 2008 financial crisis.
Investors can learn from the failings of models to predict presidential elections.
To paraphrase science fiction writer William Gibson, the recovery is here, it just isn't evenly distributed.