Sour sentiment and surprisingly normal valuations set the stage for another strong year.
Donald L. Luskin
On the December FOMC
Wednesday, December 15, 2021
The word “transitory” was dutifully retired. But the FOMC still says inflation is transitory.
Jay Powell, Inflation Justice Warrior
Tuesday, December 14, 2021
The FOMC will be a “struggle session.” Powell will take blame for inflation he didn’t create.
On the November Jobs Report
Friday, December 3, 2021
A headline miss, but sharply improving minority unemployment rates point to lift-off.
"Hawkish Powell"? Not a Chance.
Wednesday, December 1, 2021
It’s performative politicking ahead of confirmation by an inflation-obsessed Senate.
Europe’s EV Miracle Doesn’t Live Up to the Hype
Monday, November 22, 2021
It’s just a Europe thing. And barely even that.
Powell or Brainard? Or...?
Wednesday, November 17, 2021
Monetary policy won’t change either way – but bank regulatory policy gets more hawkish.
Infrastructure Was Just the Easy Part
Monday, November 8, 2021
Now, for “the tax-hike bill,” too many circles to square. Too many ways to die.
On the October Jobs Report
Friday, November 5, 2021
On track to reattain the pre-pandemic unemployment rate by April 2022. But not “inclusively.”