Deflation is coming. The consensus thinks that’s bad. Walmart is telling you it's good.
Donald L. Luskin
Celebrate Victory Over Inflation, Even if the Fed Doesn’t
Tuesday, November 14, 2023
Curing the economic cancer of inflation is an end in itself. The Fed will catch on soon enough.
On the October Jobs Report
Friday, November 3, 2023
You’ve heard about “bad news is good news.” Now meet “good news is good news.”
On the November FOMC
Wednesday, November 1, 2023
This is so dovish Powell can’t even bring himself to admit it.
That Quarter, Those Yields, This Correction
Friday, October 27, 2023
A sharp equity correction when there should have been a blow-off top. What happened?
On the September Jobs Report
Friday, October 6, 2023
Powell believes many things that aren't true. This fake payroll beat may be one of them.
On the September FOMC
Wednesday, September 20, 2023
The Fed found a way to make one-and-done sound like bad news.
A Bad Month for Gasoline Won’t Fuel the Fed
Wednesday, September 13, 2023
They already knew about it when they made all those dovish remarks. Hiking cycle over.
On Powell at Jackson Hole
Friday, August 25, 2023
Ugh. We are making “progress” against inflation except we’re not. Classic Powell.
PredictIt Triumphs Over Regulatory Arrogance
Tuesday, August 22, 2023
An appeals court rejects the CFTC’s arbitrary order to shut down the political futures market.