The rescues are working, and Obama moves to the center -- but the Big Three are going to re-open the wounds to market confidence.
Donald L. Luskin
Another Rescue, A New Rescue Ranger
Monday, November 24, 2008
Citi gets TARPed again, and Treasury gets policy continuity for the TARPs still to come.
At Least They're Cheap
Thursday, November 20, 2008
Even financials are now deeply undervalued, for the first time in this bear market.
Deflation Takes Center Stage
Wednesday, November 19, 2008
Core CPI prints negative, and the Fed openly uses the "D" word.
Death by Rescue
Monday, November 17, 2008
How botched bailouts doomed companies that didn't need to fail.
It Ain't My Job
Monday, November 10, 2008
Good news for markets -- Obama's meeting of economic icons produced exactly nothing.
Now What?
Thursday, November 6, 2008
The election is over -- but the battle for the Senate and the Treasury is still being fought.
Bearack Obama
Friday, October 31, 2008
He could usher in a capital-unfriendly "Left decade," but in the near-term Obama's election could be a plus for stocks.
How Bad An Earnings Hit?
Thursday, October 23, 2008
Forward earnings are falling -- but stocks have already fallen far more.
At Last: A Bail-out That's a Bail-out
Tuesday, October 14, 2008
After six months of destroying financial sector equity, Treasury gets it almost right.