41 days till we may have to wait 32 more days to know who controls the Senate.
Donald L. Luskin
Wednesday, September 24, 2014
The Fed's Growth-Friendly "Dot" Gap
Friday, September 19, 2014
Treasuries are waking up to what stocks have known all year: "the Yellen Rule" could work.
On the September FOMC
Wednesday, September 17, 2014
Dots and dissents be damned. The ultra-dovish "Yellen Rule" is completely intact.
The Untied Kingdom
Wednesday, September 10, 2014
Worst case without Scotland: gilts get slightly junked. But no currency crisis, no contagion.
On the August Jobs Report
Friday, September 5, 2014
A bad jobs report -- but the key metric in this labor market continued to improve.
On the ECB August Policy Decision
Thursday, September 4, 2014
As we expected, an ABS purchase scheme -- along with a surprise rate cut (the last one).
Attack of the 15 Basis Point Deflation Monster
Tuesday, September 2, 2014
A dubious deflation emergency in Europe isn't justification for such low US Treasury yields.
Whatever It Takes Comes to Jackson Hole
Monday, August 25, 2014
Off-script again -- Draghi drops a QE bombshell at the Fed's conference.
On Yellen at Jackson Hole
Friday, August 22, 2014
Unemployment is cyclical. No, it's structural. Wait -- it's both!
So Close to Recovery, So Close to Doom
Thursday, August 7, 2014
QE is coming to the euro area as bank lending recovers, and trade war with Russia loom.