Could this be the cat that barks, the dog that meows, that Powell is looking for amidst an incipient bank crisis?
Donald L. Luskin
On Powell’s Shocking Testimony
Tuesday, March 7, 2023
He’s risking millions of jobs because an unpublished inflation index representing a minority of consumer expenditures isn’t coming down as fast as overall inflation.
Good News is Bad News is Equilibrium
Thursday, February 16, 2023
It’s like The Three Little Pigs: Powell is a weak wolf, and the economy is a house of brick.
On Powell at the Washington Economic Club
Tuesday, February 7, 2023
Unless his goal is to create confusion, he’s really not very good at this Fed chair thing.
On the January Jobs Report, and US Services PMI
Friday, February 3, 2023
A blockbuster – or a “yes, but…”?
On the February FOMC
Thursday, February 2, 2023
One word means one and done. It’s now not about the “pace” but the “extent” of hikes.
Surprises of 2023 Volume 4: Global Allocation, and the China Question
Tuesday, January 24, 2023
Europe is done. US bonds will beat stocks (both will do well). China is the last value frontier.
Surprises of 2023 Volume 2: Oil Demand, With or Without EVs
Wednesday, January 11, 2023
Demand will surprise on the upside, while supplies are kept artificially tight
On the December Jobs Report, and Services PMI
Friday, January 6, 2023
If you believe that bad news is good news, this was a good morning. Or was it?
Surprises of 2023 Volume 1: From Inflation to Deflation
Tuesday, January 3, 2023
Few expect inflation at-target by summer. No one expects outright deflation.