Legendary business journalist Alan Abelson has returned to Barron’s and writing the “Up and Down Wall Street” column that has become the publication’s hallmark, noted Dealbreaker.
Dealbreaker writes, “Apparently, Abelson’s absence from his excellent “Up & Down Wall Street” column was due to some health issues, as he starts his column by referencing a man in a white smock and scalpel. Given that his departure was timed brilliantly with the dramatic turn of the market, he takes the opportunity to give his assessment of where things have been and where they might be going, making this one a particular must-read. To him, it all comes back to inflation, and we should listen to Abelson when he says it’s not fair to just blame Bernanke, who as he put it “never went to obfuscation school”. And we were worried our favorite would be gone forever, just when he was needed the most.”
Read more here. I would post Abelson’s column, but it’s accessible by subscription only.
