The Fed will cause a real recession by trying to prevent an illusory one.
Donald L. Luskin
Judgment Day
Thursday, August 3, 2006
Tuesday's FOMC meeting will be pivotal for markets and the economy.
Depending on Undependable Data
Friday, July 28, 2006
Today's GDP report may take away the Fed's "wrong reason" to do the "right thing."
Inflection Point Deflected
Tuesday, July 11, 2006
Equities need the Fed to find the courage and credibility to deal with inflation risk.
The Out-of-Consensus Consensus
Monday, June 26, 2006
Slowdown fears grip Wall Street -- yet analysts' forward earnings are accelerating.
The May 10 Inflection Point
Monday, June 12, 2006
It was the high water mark of inflation expectations and carry trades -- but it's a mistake to think it's going to roll the economy over.
Today and 1987: Ominous Parallels? Part 2
Friday, June 2, 2006
The worst thing the Fed could do now is to repeat Greenspan's 1987 mistake.
Today and 1987: Ominous Parallels? Part 1
Thursday, May 25, 2006
Some macroeconomic variables are parallel to 1987, but markets are totally perpendicular.