The war comes first. Nevertheless, the market underestimates the chances for pro-growth tax-cuts.
Donald L. Luskin
Notes from the West Wing
Thursday, April 3, 2003
Tracking the Tax Wars
Thursday, March 27, 2003
Bush's defeat in the Senate on tax-cuts is a victory -- the question is: what kind of victory?
Monday, March 24, 2003
The bears get their say this week as the war gets real -- but markets have seen the worst.
The No-Peace Rally
Thursday, March 20, 2003
The war has moved from the UN to Iraq, and the fever of uncertainty has broken.
NASDAQ 5000, Dow 5000
Monday, March 10, 2003
The high-water mark of optimism versus today's ebb tide of pessimism.
Thursday, March 6, 2003
Warren Buffett's perplexity reflects the market's paradoxical combination of growth and value plays.
Going for Broke?
Friday, February 28, 2003
The paradox of Bush's strategy is that he's ramping up political risk as his approval ratings decline.
Techstocks: Recovery Play and War Hedge
Tuesday, February 18, 2003
Techstocks have beaten the market this year -- thanks to both economic recovery and the risks of war.
Understanding War Risk
Wednesday, February 12, 2003
Yes, the markets fear the risk of war -- but it's a risk with both a downside and an upside.
Monday, January 27, 2003
Shifts in valuations are hinting that there's growth out there beyond the risk of war.