Stocks have been in a violent trading range -- valuation risks still cap the upside, and eternally springing hopes for a "V" recovery provide the floor.

Recovery? Maybe so. But buyer beware: that's not the same thing as expansion.

How come the yen is surging just when the BoJ promises to reflate?

The economy is supposed to be recovering. So why isn't Intel?

A recovery may be just beginning. Now let's hope the Fed doesn't fight inflation that's not there -- again!

Don't kid yourself that S.1940 is about earnings transparency. It's all about hidden taxes.

Wall Street may have already made up its mind, but Greenspan's careful signals mean a shift into neutral tomorrow is no better than a 50/50 proposition.

There's lots of happy-talk about recovery. But we still say the NASDAQ is fighting the tides of value, risk and history.

Today may have been an inflection point -- the market saw the media celebration over consumer confidence, but listened to Bob McTeer.

As corporate earnings attempt to recover in 2002, they face a huge locked-in obstacle from lower pension returns -- no matter how well the market performs.