On the December Jobs Report
No V-shaped recovery, but some signs that dynamism is returning to the jobs market.
No V-shaped recovery, but some signs that dynamism is returning to the jobs market.
Expectations are so elevated, this earnings season almost has to be a disappointment.
A GOP Massachusetts win today would be another step down the bullish road toward political equilibrium.
Banks become regulated public utilities, forcing the Fed to be looser than ever.
Hoenig's protest notwithstanding, jobs and politics have the Fed on hold all year.
Waiting for that "new normal" -- a "new era" of frugality -- is getting mighty old.
The stench of deflation rises from Europe, and the US jobs market shoots a little green.
The Fed has the tools to "exit," but using them correctly remains a challenge.
The EU's credit crisis has abated, at a deep cost to currency credibility worldwide.
Why couldn't renormalizing the discount rate wait until the next FOMC meeting.