Today's data should begin to bend the "flexible" Fed toward the breaking point.
Donald L. Luskin
Huh?
Thursday, March 22, 2007
The Fed may be on pause longer now, but nothing in yesterday's FOMC statement justifies the fantasy that rate cuts are coming.
All Tip, No Iceberg
Friday, March 16, 2007
Superabundant liquidity is buffering the economy from problems in subprime.
Something's Survived
Thursday, March 8, 2007
The inflation plays are the winners in the market's recent turbulence.
Are We Scared Yet?
Wednesday, February 28, 2007
We got the correction we expected -- but is that really all it is?
Subprime Time
Monday, February 26, 2007
Excess liquidity will absorb subprime's problems -- a Fed bailout would only add to inflation.
Enough Good News for a Correction
Friday, February 16, 2007
With Bernanke on indefinite hold and tax risk reduced, what's left to rally stocks?
Chairman Bernanke's Year of Living Dangerously
Thursday, February 8, 2007
In his second year, Bernanke will have to pay the price for the risks he took in his first.
Gold Versus Goldilocks
Friday, February 2, 2007
The problem with this stock market rally is that inflation plays are leading it.