Dow Jones 10,000 arrived on Wall Street today for the first time in a year. It’s a milestone of sorts, and it certainly represents a vote for investor confidence in economic recovery. Blowout profit reports form Intel and JPMorgan helped fuel today’s 145 point gain. So did a retail sales report that excluding Cash for Clunkers was actually quite strong.    Read More

Last night distinguished South Dakota Sen. John Thune, chairman of the Senate Republican Policy Committee, joined me to discuss the $829 billion Baucus bill just passed by the Senate Finance Committee.    Read More

You know I’ve been crusading to save the greenback and restore King Dollar. But new entitlements that open the door to a government takeover of the health-care sector are no way to do it. Not surprisingly, as the Baucus Bill made it out of the Finance Committee yesterday, the dollar fell once again and gold jumped (closing at $1,064). Not good. Smells like the 1970s.    Read More

Tuesday could well be remembered as a turning point in our nation’s efforts to reform health care.   Read More

Michigan’s governor, says that we need the public sector to pick up more of the health care bill so that the private sector can be more competitive. It is this kind of flawed economic thinking that gets us into so much trouble. Does the governor think that the public sector gets its funding from thin air, or that doctors work for nothing? Doesn’t she get it asks William Dunkelberg, Economic Strategist.   Read More

New standards and models are being developed around the world for how to measure things that don’t have a smokestack, driving even more business to this new business of carbon counting.    Read More

The global recovery is being led by countries outside of the United States, and investors should look to multinational corporations to protect themselves against the weakening dollar, said David Darst of Morgan Stanley Smith Barney.    Read More

I try to be optimistic about better earnings, a stock market rally and economic recovery. And I’m sticking to my guns. But what we’re seeing right now is pretty darn close to what we witnessed in the 1970s—the rise in gold and inflation really cuts into the stock market.    Read More

Unlike the modern Republican Party, President Obama is smart enough not to commit political suicide by curtailing senior access to health care.   Read More

Here's a terrific video from my friend Dan Mitchell explaining why the main fiscal threat we face is excessive government spending.    Read More