Unintended consequences buried in the "stimulus" bill are a game-changer to the downside.

Their obscure partnership won't keep the Fed from having to inflate our way out of crisis.

The more the government rescues the economy, the lower stocks go.

Economic policy is in utter disarray -- all that's left is inflating our way out of this crisis.

They won't let the world end. But today's anti-growth politics limit the upside.

The troubled bank's exchange offer is pointless, costly and destabilizing.

The Fed is making the securitization market an offer it can't refuse.

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?