The equity risk premium has gone up because the amount of risk has gone up.

Changing Chinese demand for Treasuries impacts both the bond market and inflation.

Nice rally. But how high is the upside when economic policy is at the edge of chaos?

It's official: the Fed is fighting deflation by monetizing debt.

Markets applaud PPPIP, but the Fed signals that enough is enough.

TALF 2.0 makes the Fed's balance sheet both bigger and stickier.

Inflation can take hold even in a sluggish and credit-impaired economy.

The IMF doesn't determine the gold price. The Fed's response function does.

The Fed sees the inflation risk in its huge balance sheet -- but there's nothing it can do.

Wells Fargo's pre-announcement is encouraging, but don't generalize it to all banks.