China’s lockdowns are doing the Fed’s demand-side work – but adding to inflation.
Donald L. Luskin
On the April Jobs Report
Friday, May 6, 2022
A mixed bag of contradictions that won’t make hawks dovish or doves hawkish.
On the May FOMC
Wednesday, May 4, 2022
Powell needed to back off the ledge of ultra-hawkishness. He did.
So Six Questions for Jerome Powell
Monday, May 2, 2022
Prep for the Chair Pro Tempore on how to help stocks to put in a bottom Wednesday.
What to Make of Q1-2022 GDP?
Thursday, April 28, 2022
OK, Chair Pro Tempore Powell – tell us about rate hikes in the face of stagflation.
A Very European Ban on Russian Oil. Maybe.
Monday, April 18, 2022
This could be the first global oil crisis that drives prices lower (after it drives them higher).
On the March Jobs Report
Friday, April 1, 2022
“Inclusive maximum employment” with 1.5 million who could come back into the labor force.
The Bear/Bull Case in the Russian Oil Ban
Wednesday, March 16, 2022
If Europe bans, it’s a recession. But Russia becomes a desperate oil seller. Unless...
On the March FOMC
Wednesday, March 16, 2022
Brilliant. The Fed declares that broader price pressures are caused by broader price pressures.
On the February Jobs Report
Friday, March 4, 2022
Inclusive maximum employment is achieved. Yet March lift-off is now in doubt.