Capital markets priced for the worst are reacting well to a little good news.

Earnings season was full of pleasant surprises -- until Intel. But was Intel's miss really a surprise.

The stock market may be "cheap," but deflationary risk and systemic risk-aversion are making it tough to capture the value.

Value can only take the stock market so far. Stocks are all about growth.

The market's betting that the FOMC will cut rates next week. Here's why the market isn't more thrilled about that.

In the war on capitalism, the Microsoft decision was an important victory for the capitalists -- because it shows that victory is possible.

The GOP sweep lessens the odds of two years of worsening policy stagnation. But it's not exactly a third term for Ronald Reagan.

Fed minutes show policymakers grappling with the specter of deflation risk.

Harvey Pitt and Robert Herdman were helping companies transition to higher levels of regulatory compliance -- it will be a riskier market without them.

The Fed's finally fighting deflation -- but if deflation is already subsiding, then they're making a whole new world of risk.