Stocks rise as earnings disappoint, while investors rethink how risky the world really isn't.
Donald L. Luskin
Newt's Bain Opportunism Is Mitt's Opportunity
Tuesday, January 17, 2012
This is Romney's moment to distinguish himself by making a moral case for free-market capitalism.
Cash for Gold!
Wednesday, January 11, 2012
Gold should rally as the market realizes the ECB has embarked on major QE.
On the December Jobs Report
Friday, January 6, 2012
This supposedly big upside surprise in jobs was neither big nor surprising.
2011: A Lost Year
Thursday, December 29, 2011
So much risk -- yet nothing happened. Sadly, the key risks of 2011 are still in place for 2012.
Europe's Wall of Liquidity
Wednesday, December 21, 2011
The risk of a Lehman-like banking crisis for Europe is essentially off the table now.
On the December FOMC
Tuesday, December 13, 2011
A more optimistic Fed isn't likely to ease, but there are new sources of global liquidity.
On the ECB Monetary Policy Decisions
Thursday, December 8, 2011
The ECB met expectations, but dashed hopes. But spillovers may mean de facto Fed QE3.
On the November Jobs Report
Friday, December 2, 2011
It's an illusion. If the economy were sharply improving, unemployment would go up.
It Only Feels Like Blood in the Streets
Thursday, December 1, 2011
Stocks are still very cheap, with little risk of recession, and a bet that Europe will survive.