Capital markets priced for the worst are reacting well to a little good news.
Donald L. Luskin
1001 Bearabian Nights
Thursday, October 10, 2002
By Monday we could be in the longest bear market in history -- and it was all caused by one man.
Earnings Tell the Tale
Thursday, October 3, 2002
Our anemic "techless recovery" is perfectly reflected in corporate earnings.
Q1 2000 Upside Down?
Tuesday, October 1, 2002
Learning about what hopefully is 2002's bottom by looking at 2000's top.
The Jihad Against Accounting Fraud
Friday, September 27, 2002
The legislative attack on accounting fraud isn't about accounting -- it's about political power, and higher taxes.
Let's Play Survivor
Tuesday, September 24, 2002
It's now a game of life and death in techland. For most portfolio managers, what counts is picking the best survivors.
Letters re: Another Option on Options
Tuesday, September 17, 2002
Luskin and Brenner strike back, answering a critic of their approach to accounting for options expense.
911: Why It Matters, Why It Doesn't
Wednesday, September 11, 2002
Understanding the macroeconomic impacts of 911 -- real and imagined, economic and political.
NY Minutes: Valuation and Deflation -- No Elation
Wednesday, September 4, 2002
We didn't meet one bull on Wall Street last week, yet equity values are attractive and deflationary pressures are under control.
Another Option on Options
Tuesday, September 3, 2002
The zero-expense frying pan or the fair-value fire? There's a better solution.