The strange dynamics of the past earnings season -- upside surprises, downside revisions, and an uptick for tech.
Donald L. Luskin
Eyeing the Hurricane
Wednesday, July 31, 2002
The market's "reflexive" spiral has burned itself out for the moment -- leaving the S&P 500 still significantly undervalued.
Extremes
Wednesday, July 24, 2002
Stocks are extremely cheap and extremely destabilized. But taking a long-term view -- they may really be extremely normal.
Value and Chaos
Monday, July 22, 2002
The market's cheaper than it's been in 14-1/2 years. But what will it take to break out of this "reflexive" death-spiral?
Dam Lies?
Wednesday, July 17, 2002
When the Treasury Undersecretary says the market is overvalued, you'd better listen -- because the Bush administration is making it so.
Stock Options Expense: One Step Ahead of the Law
Tuesday, July 16, 2002
Coca Cola and Washington Post may be making a virtue of necessity by volunteering to expense options -- but they're an example of how free markets can enforce corporate accountability.
Triple Witching Hour for the Stock Options Tax-Hike
Monday, July 15, 2002
In the super-charged anti-business atmosphere of Washington, the dreaded Levin-McCain stock options bill -- S.1940 -- is at-the-money.
A Techless Recovery?
Wednesday, July 10, 2002
In tech, recovery is elusive and stocks are still rich. The Old Economy is now the engine of recovery -- and it's cheap.
The End of the World[Com]
Wednesday, June 26, 2002
The latest accounting bombshell will have investors wondering "what is reality?" It could create a great buying opportunity.
Excuses, Excuses
Tuesday, June 25, 2002
The "don't fight the Fed" and "super-V superbull" crowds are capitulating -- and that's an opportunity for the rest of us.