Even financials are now deeply undervalued, for the first time in this bear market.

Non-investment grade bonds are pricing for default rates that aren't going to happen.

Citi gets TARPed again, and Treasury gets policy continuity for the TARPs still to come.

Safe haven or mo-mo trade, at this point it offers little potential upside and much risk.

The rescues are working, and Obama moves to the center -- but the Big Three are going to re-open the wounds to market confidence.

Third quarter reported growth was dragged down by isolated factors likely not to repeat -- the expansion is still very much intact.

Our growth forecast is getting increasingly out of consensus -- and that's just where we like it.

The Fed admits its mistake about deflation in 2003 -- now it's the same mistake, but about inflation.

The Democrats did better than expected, but it's not a lurch toward anti-growth policy.

Equity sectors are already responding to the Democratic congressional sweep.