Not buying more Treasury bonds is hardly news, and hardly an exit strategy.
Donald L. Luskin
A Greener Kind of Shoot
Friday, August 7, 2009
A sign that the economy isn't just falling more slowly, but actually starting to grow.
Still Waiting for that "New Era"
Friday, July 31, 2009
Revised GDP data deepens doubt about seemingly inevitable consumer retrenchment.
Can the Fed Identify Bubbles Before They Happen?
Wednesday, July 29, 2009
The New York Fed’s president says it can. If only it were that easy.
America's Next Top Fed Model
Monday, July 27, 2009
Markets rightly expect Bernanke to stay, and Summers would be a destabilizing surprise.
The Fed's Bond Boo-Boo
Friday, July 24, 2009
The FOMC knows its $300 billion bond buy was a mistake -- it won't be buying more.
Surprise, Surprise
Thursday, July 23, 2009
Earnings surprises, and a surprise crack-up of Obamacare, carry stocks to new highs.
Health Care Deform
Thursday, July 16, 2009
A proposed surtax may be the kind of self-correcting policy over-reach we saw in March.
A Deflationary Correction
Thursday, July 9, 2009
The Fed may be off deflation watch, but markets evidently are not.
The Square Root of Recovery
Thursday, July 2, 2009
Today's jobs report raises issues about the shape of recovery and the risk of deflation.