A macro view of the major US asset classes, and a new Model Position in bonds.

Bush's stodgy tax plan is blossoming into an important pro-growth initiative.

The dead hand of Clinton-era economic fallacies puts Bush's tax package at risk.

Bush's tax-cut plan hasn't even been proposed to Congress yet, but it's already starting to work.

Long-term effects aside, here's why a dividend tax-cut would be a bolt from the blue that would boost all stock prices.

A market addicted to bad news is overlooking some fundamental positives.

Shifts in valuations are hinting that there's growth out there beyond the risk of war.

There's no inflationary impulse in the Fed's accommodative stance -- yet. But it's time to start watching.

The recession's signature malady -- depressed capital investment -- is quietly beginning to turn around.

Yes, the markets fear the risk of war -- but it's a risk with both a downside and an upside.