If this is a real "liquidity crisis," then the Dow is at 5000.
Donald L. Luskin
Bill Gross Shoots, But Can't Hit
Wednesday, July 25, 2007
The King Is Dead, Long Live the King
Monday, July 9, 2007
Stocks are no longer insanely cheap relative to bonds. They're just wildly cheap.
The Subprime and the Banal
Monday, June 25, 2007
The global liquidity surplus will absorb the latest speculative crisis. The problem is that everybody knows it.
Thursday, June 14, 2007
Neither a new anti-China bill nor the latest leg in the four-year bear market in bonds will crack the stock market.
Doves Eat Crow
Wednesday, June 6, 2007
They admit it finally -- no rate cuts. But that won't hurt growth, so a stock market correction will be short-lived.
Inflation Plays Revisited
Thursday, May 31, 2007
The worst case inflation risk is off the table, but risk remains as growth accelerates.
Tuesday, May 22, 2007
It's not the economy, stupid. For now, Democrats have no reason to rock the growth boat.
Upside Surprise on Trade
Monday, May 14, 2007
A Democratic congress finds a way to keep the globalization train on the track.
Washington on Hold
Thursday, May 10, 2007
The two forces most likely to derail the economy -- the Fed and the Democratic congress -- have both put themselves on the sidelines.
Two Economies, One Funds Rate
Tuesday, May 1, 2007
The Fed is letting 5% of the economy make 100% of its policy decisions.