Japan faces two tax cliffs -- and so far no pro-growth labor or product market reforms.

It'll be America's 18th shutdown. They've all been resolved. This one will be, too.

Deja vu in Italy, time for something new at the ECB.

Boehner and Obama both say we're heading for default. Game theory likely says otherwise.

It means Obama is scared. The GOP offer to put sequesters into play will start negotiations.

Almost there: another 2013 risk-event with no contagion -- plus the GOP gets a do-over.

A contrarian case: the GOP won! Either way, stalwart markets prove the era of risk-off is over.

Jobs Tuesday is eerily like every Jobs Friday in the Not So Great Expansion.

A risk-off spasm over ECB bank tests ignores the euro area's quantum turnaround.

A less risky economy, Yellen, and the politics of her confirmation put inflation back in play.