Even bonds are beginning to see that a "measured" course isn't enough for the Fed.
Cheap stocks in a robust economic environment are an outstanding risk/return play.
Bonds may have finally passed their apogee of irrationality.
Bush's misunderstood benefit offset could be the key to enacting personal accounts in Social Security.
Fixed income markets are taking false comfort from the Fed's boilerplate.
The successful Iraq election opens a window for pro-growth policy success.
If Wall Street doves have their way, even higher inflation will be the result.
Stocks are exaggerating the risk that the Social Security debate is getting out of control.
It's another high-stakes hand of Texas Hold-'em, Bush style.