Don Luskin

Despite record oil prices, rising interest rates, a flood of earnings warnings and a volatile election less than a month away, stocks have been heading steadily higher ever since they bottomed on August 12, with the beleaguered NASDAQ leading the way. Today's downer...

Crude is quickly approaching $50 a barrel, leaving no doubt in my mind that oil is in a speculative bubble -- very much like what happened to the NASDAQ in 1999 and 2000. Previoiusly I wrote about some of the forces behind the alarming price rise: increasing global...

This week's national convention of the Democratic Party was a test for nominee John Kerry. It was a test for the stock market, too, with all the major indexes probing their lows for the year. It's no coincidence that these two tests occurred in the same week. The...

Despite the sensationalism surrounding Martha Stewart's sentencing on Friday, the disappointing earnings report out of Intel late Tuesday was the true big market event of the week. Shares of the chip maker lost more than 10% in Wednesday trading as investors...

If John Kerry wins the presidency, his household will be the richest ever to occupy the White House. Kerry's wife, Teresa Heinz Kerry, controls a vast fortune estimated by a Los Angeles Times study to be as great as $900 million to $3.2 billion. Through a series of...

I'm going to be on vacation all next week, riding horses on the western slope of the Rockies at the fabulous Home Ranch in Clark, Colorado. No phones. No TV. No Internet. No markets. So I'll miss the Federal Reserve's meeting on June 30. It'll probably make history by...

The factor dominating the strategic situation is the long-overdue end to the Federal Reserve's patience in maintaining low interest rates. The single most important matter now facing the market is the urgent need for the Fed to raise interest rates -- now! This week's...

This column is going to be about what no investor wants to talk about: another terrorist strike on American soil, and how could it affect the stock market. How likely it is to happen -- and when? "When" is really the only question. Not "if." Who knows how many...

Are your surprised that the stock market has broken out of its funk this week, even though it practically seems like the world is coming to an end? If you've been reading this column, you shouldn't be. Last week I said don't worry about high oil prices (they'll come...

Media Matters for America is a new website (mediamatters.org) "dedicated to comprehensively monitoring, analyzing, and correcting conservative misinformation." It's been developed with the zillions of tax-deductible dollars that George Soros and others contributed to...

Media Matters for America is a new website (mediamatters.org) "dedicated to comprehensively monitoring, analyzing, and correcting conservative misinformation." It's been developed with the zillions of tax-deductible dollars that George Soros and others contributed to...

Speech by Donald L. Luskin to the Corporate Finance Council of San Diego.Tonight I'm going to be talking about the controversy over "offshore outsourcing" in the context of a book I'm writing. My book is about the intersection of the science of economics, the power of...

Speech by Donald L. Luskin to the Corporate Finance Council of San Diego.Tonight I'm going to be talking about the controversy over "offshore outsourcing" in the context of a book I'm writing. My book is about the intersection of the science of economics, the power of...

The Bureau Labor Statistics released its payroll jobs report for March earlier this month, and the reported growth of 308,000 jobs for the month is a blessed relief in what has been called a "jobless recovery." But this should really be no surprise. As I first argued...

With the Federal Reserve holding official overnight interest rates at 1.00%, the yield on the typical money-market fund is about one half of one percent, after management fees. With yields this low, you've got to be tempted to do something -- anything! -- to get more....

Antitrust laws are supposed to protect us little guys, right? Think again. Here's the story of how PeopleSoft chief executive Craig Conway is using the antitrust laws to deprive his own shareholders of the opportunity to sell their shares at the best price. I'm a...

I love markets. Just think of all the things they make possible. Whenever there's a way for people to trade with each other, they always find ways to make money and reduce risk. So whenever market principles get applied in new ways, the world becomes a better place....

With Martha Stewart going on trial this week, it's a perfect time to take a look at insider trading. From what I can tell, Ms. Stewart is being railroaded. And whatever the merits (or lack thereof) of the case against her, investors shouldn't be especially worried...

Successful investing all about having the right information. That must be why I frequently get emails from readers asking me what sources of investment information I like best, or where on the Web to locate this or that specific piece of data. So today's column is...