No recession, and deflation would be "reparations" for inflation
The Wall Street Journal's Paul Gigot interviews TrendMacro CEO Donald Luskin on January's bad inflation numbers, the risk of recession and the prospect of deflation.
Chris Farrell: Productivity growth has led to our economic growth
A "fireside chat" with Donald Luskin, founder of TrendMacro, at the recent CFA Society of Minnesota annual dinner reminded me of the importance of paying attention to productivity. (There was no fireplace but a colorful bouquet of flowers instead.) The CFA Society of Minnesota is one of the oldest chapters of the CFA Institute, issuer of the chartered financial analyst designation.