The funds rate has been trading below 1% for weeks, and the Fed has moved beyond rate-targeting anyway.

He could usher in a capital-unfriendly "Left decade," but in the near-term Obama's election could be a plus for stocks.

The worst is over for the emerging markets, but the road to recovery will be rocky.

The election is over -- but the battle for the Senate and the Treasury is still being fought.

This recession will end like they all do -- when risk premia coax capital back to work.

Good news for markets -- Obama's meeting of economic icons produced exactly nothing.

Core CPI prints negative, and the Fed openly uses the "D" word.

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.