The drop in the "inflation plays" is overdone in light of worsening inflation risks.
Donald L. Luskin
No Get Out of Inflation Free Card
Wednesday, August 6, 2008
Inflation-sensitive markets have been distracted by oil -- soon they'll turn to the Fed.
All Cross, No Current
Friday, August 1, 2008
Stocks are cheap near-term amidst a jumble of conflicting data, news and politics.
Indecision and Inflation
Tuesday, July 22, 2008
As stocks have recovered, so has a glimmer of hope that the Fed might get it right.
Stocks are Cheap, But the Fed's Asleep
Tuesday, July 15, 2008
Hard to believe, but a rally is imminent. But long-term, the Fed has tragically missed the inflation-fighting window.
Will the GSE Rescue Work?
Monday, July 14, 2008
The rescue is feasible, and should go a long way toward restoring confidence.
From Correction to Test to Bear Market
Thursday, July 10, 2008
We're not scared by bears on the cover of Barron's. We're scared that Bernanke will blow it.
Fail-Safe
Wednesday, July 2, 2008
Markets are all at critical test-points, waiting to see if the Fed will act to support the dollar and stabilize the oil price.
Markets Speak, Bernanke Needs to Act
Friday, June 27, 2008
We worry about the banks a little. The Fed should worry about an oil price spiral a lot.
Obama's Social Security Fine Print
Wednesday, June 25, 2008
How more taxes now will mean more taxes later.