by Don Luskin | Nov 9, 2002 | POLITICS
The proposed restructuring of stock research at big Wall Street investment banks — if “proposed” is the proper word when NY attorney general Eliot Spitzer is doing the proposing holding a rubber hose in his hand — is an even worse-than-usual... by James Glassman | Nov 8, 2002 | POLITICS
Celebrating its 30th anniversary, Money magazine recently crunched the numbers and found the 30 stocks that had returned the most, in price and dividends, since the magazine’s founding in August 1972. The No.1 stock was, of all things, an airline –... by Harry Binswanger | Nov 8, 2002 | Elections, POLITICS
The election results were good. The outcome was, in all modesty, what I had expected for a year: Republican control of the Congress. I expected this because of 9/11, and that is in fact the explanation of the outcome. I agree with those commentators who say that the... by Don Luskin | Nov 7, 2002 | POLITICS
It’s interesting to compare Bill Gates’ and Microsoft’s victory last Friday in obtaining a favorable settlement of their antrust case with another battle in the war on capitalism from ten years ago — one that turned out very, very differently.... by Thomas Sowell | Nov 7, 2002 | POLITICS
The oh-so-smug and oh-so-glib media “experts” have ended up with egg on their face for the second time in a few weeks. First their “profiles” of the Beltway sniper turned out to be completely wrong — wrong car and wrong race, among other... by Robert W Tracinski | Nov 6, 2002 | Elections, POLITICS
As of the writing of this column, it is mid-day on Nov. 5, and the exit polls have not even begun to predict how today’s elections will end. It might seem like a bad time to make predictions, given that this is considered one of the tightest congressional... by Don Luskin | Nov 6, 2002 | POLITICS
On May 16, 1998, Bill Gates walked away from negotiations with the US Department of Justice’s Antitrust Division and the attorneys general of 20 states to prevent the threatened filing of a sweeping antitrust suit against Microsoft. Gates had offered many... by Don Luskin | Nov 5, 2002 | POLITICS
The markets, big business and Wall Street have been held hostage by politicians and regulators for so long that the hostages are starting to identify with their kidnappers. How else can you explain the October 30th Wall Street Journal front pager, breathlessly... by Don Luskin | Nov 5, 2002 | POLITICS
Stocks are first and foremost growth instruments — a bet on the potential upside. But the best thing I can say for the stock market right now is that it’s deeply undervalued. That has been reason enough for me to tell clients over the past several months...