The more the government rescues the economy, the lower stocks go.
Donald L. Luskin
On the New Bank Bonus Restrictions
Sunday, February 15, 2009
Unintended consequences buried in the "stimulus" bill are a game-changer to the downside.
Two Strikes for Tim
Wednesday, February 11, 2009
Markets expected Geithner to be the man with the plan. Instead, it was amateur hour.
What is Gold Trying to Tell Us?
Tuesday, February 3, 2009
Mixed messages about deflation, inflation and the limits of fiscal stimulus.
Unknown Unknowns
Friday, January 30, 2009
Stocks are trying to bottom, but it all depends on the new administration's bank policies.
Rescue Remix
Tuesday, January 20, 2009
We're testing the lows as, once again, government rethinks its approach to bank rescues.
Passengers Survive, But Plane Sinks
Friday, January 16, 2009
Saving the banking system won't make big banks into interesting businesses.
Testing the Safety Net
Wednesday, January 14, 2009
Another bank crisis is brewing, there's no Treasury secretary, and Congress and Obama spar over TARP.
New Year, Same Old Recession
Friday, January 9, 2009
Let's review the baseline: how we got here, where we are, where we are going.
Is This a "New Era" Recession?
Monday, December 29, 2008
We don't see the case for a secular collapse in consumption.