This could be the first global oil crisis that drives prices lower (after it drives them higher).
Donald L. Luskin
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.
More Thoughts on the Ukraine Crisis
Tuesday, March 1, 2022
National security grounds to finally crack down on crypto, and drill baby drill.
Our Hot Take on Russia’s Attack on Ukraine
Thursday, February 24, 2022
Europe can’t save Ukraine, but it is in control of what global markets should care about.
On the January Jobs Report
Friday, February 4, 2022
A payroll blowout is flatly contradicted by employment contraction in the household survey.
A Turn Signal for the Fed’s Off-ramp on the Road to Rate Hikes
Monday, January 31, 2022
When perma-hawk Esther George suggests an alternative to rate hikes, you should listen.
On the January FOMC
Wednesday, January 26, 2022
Ouch. Is balance sheet run-off “running in the background” the new “automatic pilot”?