Media reports painted a pessimistic picture of today’s release on existing home sales... Read More

Can bad Washington policies sometimes work to the benefit of financial markets? In the short run the answer is certainly yes... Read More

In a vote of no confidence in the housing market, President Bush this morning revoked his threat to veto the housing rescue bill, which is making its way to a vote on the House floor today... Read More

By visiting Iraq and Afghanistan, Obama is trying to narrow McCain's advantage on handling national security issues... Read More

As I have been saying, much of the recent sizzle in the race toward almost daily record price levels is attributable to the tensions over Iran, and the recent tangible statements and actions by Israel, Iran, and the US, in terms of military exercises.... Read More