The Fed has trashed its own income statement and balance sheet. It has to stop. Now.
Donald L. Luskin
On the March Jobs Report
Friday, April 7, 2023
Why throw 1.6 million people out of work to lower wage growth that doesn’t cause inflation?
On the March FOMC
Wednesday, March 22, 2023
One and done, by the “dots.” But Powell thinks the banking crisis is a feature, not a bug.
FOMC Preview: The Meh-stro
Monday, March 20, 2023
Greenspan knew what to do in a financial crisis. Powell knows how to cause one.
It’s Over For SVB – And the Fed
Monday, March 13, 2023
Not sure about the bailouts. But enough glass has broken to end this tightening cycle.
On the February Jobs Report
Friday, March 10, 2023
Could this be the cat that barks, the dog that meows, that Powell is looking for amidst an incipient bank crisis?
On Powell’s Shocking Testimony
Tuesday, March 7, 2023
He’s risking millions of jobs because an unpublished inflation index representing a minority of consumer expenditures isn’t coming down as fast as overall inflation.
Good News is Bad News is Equilibrium
Thursday, February 16, 2023
It’s like The Three Little Pigs: Powell is a weak wolf, and the economy is a house of brick.
On Powell at the Washington Economic Club
Tuesday, February 7, 2023
Unless his goal is to create confusion, he’s really not very good at this Fed chair thing.
On the January Jobs Report, and US Services PMI
Friday, February 3, 2023
A blockbuster – or a “yes, but…”?