Republicans have no bargaining chips on spending. Obama will win. U.S. credit rating and debt will lose.
Fed's perpetual balance sheet expansion is pushing the economy onto a razor blade.
While the big indices in China continue a seven-month decline, below the surface, solid performers and pretenders have diverged.
Apocalyptic drama around the world is fading but doesn't mean problems are being solved.
The market has priced in most of the downside risk and possible political outcomes are likely to mollify the impact.
Signs point to a fundamental turn-around in Chinese market and economy.
In an economy not constrained by resources, limited crises are always bullish to the economy and the stock market.
Central bank intervention has severely distorted the market and rendered standard pricing/risk theory useless. Here's a new risk-free benchmark.
The ECB set the stage for a game of chicken, creating a policy of instability.
China's problems are different from the developed world. The government's paralysis is ending. Expect the rebound to last awhile.