Some macroeconomic variables are parallel to 1987, but markets are totally perpendicular.

The Fed gets it right again -- by accident. But the risk of major error is increasing.

The worst thing the Fed could do now is to repeat Greenspan's 1987 mistake.

An inflation-aware Fed will do the right thing for the right reason -- but still may get it wrong.

It was the high water mark of inflation expectations and carry trades -- but it's a mistake to think it's going to roll the economy over.

We can finally see the end of this rate-hiking cycle -- in time to address inflation risk without damage to growth.

A strong economy will keep the housing sector and the consumer from crashing.