The FOMC didn’t “blow itself up,” but threatens to in December. The BOJ seeks overshoot.
Donald L. Luskin
On the September FOMC and BOJ
Wednesday, September 21, 2016
Gundlach and Load
Monday, September 12, 2016
Friday was a warning shot for the Fed: you’re near an invisible tripwire connected to recession.
On the August Jobs Report
Friday, September 2, 2016
This wasn’t Yellen’s “solid performance” – yet fears of a September hike just won’t die.
On Yellen at Jackson Hole
Friday, August 26, 2016
Some rote hawkishness. But she’s hearing Leftist critics who say a hike is “a terrible idea.”
The Agony of Victory at Jackson Hole
Thursday, August 18, 2016
The Fed has pretty much achieved its dual mandate. So why all the existential angst?
Trump’s To Lose
Friday, August 12, 2016
Like Brexit: “It can’t happen! A catastrophe!” Trump can win, and markets are unprepared.
On the July Jobs Report
Friday, August 5, 2016
Three-in-a-row now – another jobs report that defies both expectations and evidence.
On the July FOMC
Wednesday, July 27, 2016
“Risk” has “diminished,” but “uncertainty” rules post-Brexit and pre-election. No hikes.
Oil’s Brexit Crisis
Tuesday, July 26, 2016
Demand growth wasn’t going to come from Europe. We still say oil is headed to $65.
On Bernanke’s Helicopter Money for Japan
Thursday, July 14, 2016
It’s a veil for fiscal stimulus in which the government prints money by itself, for itself.