Can't blame the weather this time. But now we're just 8 basis points from the Evans Rule.
Donald L. Luskin
On the January Jobs Report
Friday, February 7, 2014
Weather? Or Not?
Thursday, February 6, 2014
Economic effects of the cold are exaggerated -- and so is the threat from emerging markets.
On Q4 GDP
Thursday, January 30, 2014
Beating the "new normal" now for three quarters running. Beating the "old normal," too.
On the January FOMC
Wednesday, January 29, 2014
The emerging markets currency crisis doesn't even get a mention. Tapering is now the trend.
I Shall Fear No Taper
Monday, January 27, 2014
If tapering QE made last week's turbulence, then failing to taper only adds to global risk.
Bernanke's Last Big Call
Tuesday, January 21, 2014
It takes two tapers to make a trend, and a locked-in fait accomplis for Yellen.
Bully For Him
Friday, January 17, 2014
The pro-growth policy outlook has only improved with Christie's artful crisis management.
On the December Jobs Report
Friday, January 10, 2014
Too surprising and too out-of-pattern. It will be revised away, and won't deflect tapering.
On the ECB January Policy Decision
Thursday, January 9, 2014
Euro area inflation is far below the ECB's target -- but why take any risk to fix it?
2013: The Year of Living Not Dangerously
Tuesday, December 31, 2013
Lower equity risk premia -- check! Faster global growth -- not yet, but coming in 2014.