A bubble of fear has driven stocks to deep undervaluation, and that bubble is about to burst.

Bush struts his stuff, and the market applauds.

Bush wins. Stocks win. And the political futures markets win.

Election: click. Oil: click. Economy: click. The Fed: clunk!

There's a lot of talk about the dollar now -- all of it dangerous, and none of it right.

No -- bonds are as wrong as the Fed is if they imagine there is no inflation threat.

There's one man in the world who can save the falling dollar -- and he won't do it.

There's still air in the "bubble of fear" -- and room on the upside for stocks.