Calls for the Fed to ease now are as misguided as were the calls for tightening two months ago.

In tech, recovery is elusive and stocks are still rich. The Old Economy is now the engine of recovery -- and it's cheap.

In the super-charged anti-business atmosphere of Washington, the dreaded Levin-McCain stock options bill -- S.1940 -- is at-the-money.

Greenspan may be "upbeat," but that doesn't mean rates are going up any time soon.

Coca Cola and Washington Post may be making a virtue of necessity by volunteering to expense options -- but they're an example of how free markets can enforce corporate accountability.

When the Treasury Undersecretary says the market is overvalued, you'd better listen -- because the Bush administration is making it so.

Like his father, President Bush doesn't seem to have "the vision thing" when it comes to the economy and the markets.

The market's cheaper than it's been in 14-1/2 years. But what will it take to break out of this "reflexive" death-spiral?

Stocks are extremely cheap and extremely destabilized. But taking a long-term view -- they may really be extremely normal.