Another expansionless month for jobs in an ongoing "expansionless recovery."

It was not quite the least the Fed could do, but they did it. There's more to come.

Wednesday's shock in global markets reminds us: always a crisis, always more reflation.

Markets will flail until the academics who run the Fed stop theorizing and get real.

A Hoenig snub and a dovish speech, restoring discipline and paving the way to more ease.

This morning's jobs report should be the cure for double-dipsomania.

Forget stimulus. Focus on the high stakes poker over extending the Bush era tax rates.

Gold's new highs means the Fed's reflation campaign is already starting to work.

It couldn't be clearer. For the Fed, reflation is not just a mission but a mandate.

It's simple arithmetic -- failure to extend today's tax rates will cause a new recession.