In a pessimistic and politicized world, stocks are just barely beginning to reflect the macro positives.
Donald L. Luskin
Friday, July 15, 2005
On the London Bombings
Thursday, July 7, 2005
Policy Takes A Right Turn
Tuesday, July 5, 2005
Trade, monetary and tax policy risks all abated last week: good news for stocks.
Still Movin' On Up
Monday, July 4, 2005
The death of income mobility has been greatly exaggerated.
Thursday, June 23, 2005
Oil, inflation plays, Social Security, global warming and China.
The King of Carry Trades
Tuesday, June 14, 2005
The carry trade with the best mark-to-value and the most valuable optionality is the one that no one is doing.
Efficient Equals Wrong
Friday, June 10, 2005
We aren't buying the stories the "efficient" bond market is telling, and either is Greenspan.
Thursday, June 2, 2005
Stocks are telling us that inflation risk is moderating, rates are rising, and that growth will be steady.
On the Judicial Nominations Pact
Wednesday, May 25, 2005
Friday, May 20, 2005
Risks to equities are improving, and so are prices -- yet stocks are as cheap as ever.