The New Year is going to start out rough. And then there’s Donald Trump.
Donald L. Luskin
On the December FOMC
Wednesday, December 16, 2015
The funds rate is hiked, but the dots go down. It’s a mistake, but at least a gentle one.
Trumped!
Monday, December 14, 2015
Long Treasuries aren't budging as "liftoff" nears: it's going to be "one-or-two and reversed."
Thank God for Yellen's Conundrum
Thursday, December 10, 2015
Long Treasuries aren't budging as "liftoff" nears: it's going to be "one-or-two and reversed."
On the November Jobs Report
Friday, December 4, 2015
With the ECB's move, enough to justify a "liftoff" mistake. But it could be "one and reversed."
One Small Step -- In the Wrong Direction
Monday, November 23, 2015
The Fed seems committed to a deflationary policy error. Hopefully it will be a small one.
On the Paris Terror Attacks
Monday, November 16, 2015
Animal spirits in the aftermath offset the "terror tax." If only it had driven oil prices higher.
On the October Jobs Report
Friday, November 6, 2015
A big contradiction to our recession call. Liftoff now seems certain -- but likely still a mistake.
On the October FOMC
Wednesday, October 28, 2015
A pack of lies to save the pride of an ailing Yellen. Fortunately, nobody believes her.
The Rally in the Recession
Tuesday, October 20, 2015
A disastrous earnings season, but oil has stabilized and the Fed is in revolt against Yellen.