The worst case inflation risk is off the table, but risk remains as growth accelerates.
Donald L. Luskin
Best Behavior
Tuesday, May 22, 2007
It's not the economy, stupid. For now, Democrats have no reason to rock the growth boat.
Upside Surprise on Trade
Monday, May 14, 2007
A Democratic congress finds a way to keep the globalization train on the track.
Washington on Hold
Thursday, May 10, 2007
The two forces most likely to derail the economy -- the Fed and the Democratic congress -- have both put themselves on the sidelines.
Two Economies, One Funds Rate
Tuesday, May 1, 2007
The Fed is letting 5% of the economy make 100% of its policy decisions.
Earnings to Economy: "No Recession"
Friday, April 20, 2007
One company at a time, the forward consensus isn't worried about the latest crisis du jour.
Update to Our US Equity Outlook
Friday, April 13, 2007
The correction was a correction -- it has about run its course, with inflation plays in the lead.
Trade in the Balance
Thursday, April 5, 2007
Why trade is good, why protectionism is bad, and why countervailing duties on Chinese paper are only a small step in the wrong direction.
Flex Time
Friday, March 30, 2007
Today's data should begin to bend the "flexible" Fed toward the breaking point.
Huh?
Thursday, March 22, 2007
The Fed may be on pause longer now, but nothing in yesterday's FOMC statement justifies the fantasy that rate cuts are coming.