It's a good time to remember Buffett's golden rule.
With junk debt yielding below 5%, it's obvious investors are over-reaching for returns.
Once again, warning signs from high-yield bonds and emerging-market stocks prove prescient as equities tip over into a new downtrend.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Remember when real estate was so hot there were homebuyer lotteries and bidding wars? And people so desperate to buy that they'd make an offer sight-unseen? In some markets, they're back.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.