The Microsoft settlement isn't perfect, but it's a victory for the forces of growth and recovery -- and a slap in the face to the enemies of free markets.

Last night we saw a new John Chambers and a new Cisco -- with a new confidence born of having confessed the worst. But the market may not like the truth.

Don't be fooled. Stronger-than-expected third quarter productivity was a statistical mirage created by the rapid reversal of the labor market.

Gold is back down to pre-September 11 levels, an indication of the risks to a market pricing for V-shaped recovery.

Deflation is not falling prices. Deflation is not economic contraction. Deflation is when the Fed screws up.

Arthur Laffer must be rolling in his grave. Wait... he's still alive!

A real anti-deflationary policy thrust might finally be in sight in Japan, giving rise to compelling investment opportunities.

Some smart people are talking about an end to deflation -- but if it keeps going, here are some facts you need to know.

We've rallied back from death's door -- but we're still well within the context of recession.

Some would have us believe recent data suggests that an early recovery is all but assured. It's not.