Back at the bottom of the trading range, the Technology Sector looks cheap in relative and absolute terms.
Donald L. Luskin
The Ghosts of 2000
Thursday, July 15, 2004
Intel's earnings report evokes the precipice before the fall -- but that was then and this is now.
The Republic of Hanging Chad
Wednesday, July 7, 2004
Markets twist in the wind while tax and monetary policy are up for grabs.
Measure This!
Friday, June 25, 2004
You can't fight the numbers: trusting the Fed has been an expensive mistake.
Coming to Terms with Inflation Reality
Monday, June 21, 2004
Most investors don't "get it" that inflation is alive short-term, and that disinflation is dead long-term.
Summer of our Discontent
Monday, June 7, 2004
Equities are hostage to resolution on inflation and the election.
More Thoughts on $40 Crude
Wednesday, May 26, 2004
This time it really is different: today's high oil prices don't have to mean a rerun of "That 70's Show."
Climbing the Wall of Self-Loathing
Tuesday, May 18, 2004
With the world supposedly falling apart, why isn't the market more scared?
The Right Tight
Thursday, May 13, 2004
Tightening cycles can be good for stocks -- if the Fed gets it right for a change.