The dollar's appreciation against forex and gold might be just a technical phenomenon -- or it could mean that monetary deflation's not quite dead.
Monday, July 29, 2002
Looking More and More Like Bush 1.0
Friday, July 19, 2002
Like his father, President Bush doesn't seem to have "the vision thing" when it comes to the economy and the markets.
Greenspan Still On Hold
Tuesday, July 16, 2002
Greenspan may be "upbeat," but that doesn't mean rates are going up any time soon.
A Techless Recovery?
Wednesday, July 10, 2002
In tech, recovery is elusive and stocks are still rich. The Old Economy is now the engine of recovery -- and it's cheap.
Tempting the Monetary Fates?
Thursday, June 27, 2002
Calls for the Fed to ease now are as misguided as were the calls for tightening two months ago.
Trade Deficit Hokum
Friday, June 21, 2002
Don't believe the scare stories about the record trade deficit -- it's a sign that the US economy is recovering.
Not So Fast
Monday, June 10, 2002
For the Fed, reversing last year's rate cuts looks likely to stay on hold.
Going for the Gold
Tuesday, June 4, 2002
The media's consternation over the dollar and gold is off the mark. These are the best indications yet that the Fed's deflationary siege is finally over.
That Was the Quarter That Was(n't)
Tuesday, May 28, 2002
Cut through all the statistical noise, and first quarter growth looks nothing like the advertised boom.
Twists and Turns on the Road to Reflation
Tuesday, May 21, 2002
Reflationary impulses are taking hold, reducing risk aversion and brightening prospects for continued recovery. But is the news good enough for US equities?