All the evidence is that the tax cuts on dividends and capital gains are performing exactly as predicted.
Donald L. Luskin
Did the Tax Cuts Pay Dividends?
Monday, August 25, 2003
Tuesday, August 19, 2003
Earnings revisions and bond yields are telling the same pro-growth story.
Arnie's Money Man
Friday, August 15, 2003
Gone are the hopes that Schwarzenegger would bring his own brand of Austrian economics.
Wednesday, August 13, 2003
Did the Fed break its promise to the bond market... or is it just that you can't cheat an honest man?
New Dynamics for Equities
Monday, August 4, 2003
Earnings recovery is solidly in place, but stocks will have to adapt to a new era of fair valuation.
A Phase-Shift in Valuation
Monday, July 28, 2003
Stocks and bonds have worked together to collapse the equity risk premium.
Bernanke to the Rescue?
Wednesday, July 23, 2003
Bernanke's homage to deflation-fighting will provide only short-term comfort to battered bond bulls.
Flies in the Ointment
Friday, July 18, 2003
The growth case is compelling, but the markets are pausing to consider the risks.
The Whiff of Animal Spirits
Thursday, July 10, 2003
The resurgence of restructuring activity is the precursor of economic expansion.
Microsoft's Options Reboot
Wednesday, July 9, 2003
Ending option grants could be the prelude to paying out Microsoft's $46 billion hoard.