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.

The BoJ's chief provides a grim reminder of the tremendous institutional obstacles to anti-deflationary policies.

Pass the "V"-agra! The steady march of upward earnings revisions from the September lows has stalled out.

How we can rely on faulty analyst estimates to gauge value in the markets? Because sometimes stock prices are even worse.

Fiscal 2001 is now officially over, so we can survey the damage to pension assets last year, and predict the hit to earnings this year.

We know booms. Recovery, you are no boom.

Oil's just an excuse -- the truth is that the investment necessary to sustain recovery just isn't happening.

Expectations still run rampant. But this earnings season, reality may get the upper hand.

Like OJ, IBM says it was framed. But that doesn't mean that it's not guilty.