With government in chaos, the next step is a bank run -- then default.

A more pro-growth tone in the spending debate, and the oil peace dividend comes closer.

QE2 complete -- the Fed's just right. No QE3 unless unemployment rises or inflation falls.

Papandreou wins his confidence vote -- but there's no confidence Greece won't still default.

Keep it simple. Two factors caused this slowdown. And we're moving past both of them.

Over the weekend, as the US celebrates independence, Greece falls under EU stewardship.

The new contagion? Inflation monomania drives the core to impose risks on the periphery.

Truly bad, but politically useful. Probably a wash-out marking the end of the soft-spot.

Europe stumbles into a speculative attack on the biggest of the PIIGS -- and survives.

Gold at new all-time highs is about the euro, not the Fed or the debt ceiling.