Just when China avoided a recession, it may have to cause one to prevent a pandemic.
Donald L. Luskin
Trump’s “Beautiful Monster”
Thursday, January 16, 2020
More than just a phase. The deal is designed to create enough of a boom to re-elect Trump.
On the December Jobs Report, and the Triumph of Trickle Down
Friday, January 10, 2020
A small miss after two big beats. “Fed Listens” has committed the Fed to “hands off” policy.
After Soleimani, What If Peace Breaks Out All Over?
Monday, January 6, 2020
#WWIII is one thing – but taking out Middle East oil capacity is a way to support prices.
2020 Outlook: After a Near-Miss Recession, It’s the Election
Thursday, January 2, 2020
It’s a real risk. Even the moderate Democrats want a tax hike that will crush earnings.
On the December FOMC
Wednesday, December 11, 2019
“Uncertainties” are gone. The Fed is on hold until it sees unwelcome inflation pressures.
On the November Jobs Report
Friday, December 6, 2019
An inexplicably big beat, on top of last month’s. At the same time, OPEC does the right thing.
Can This Year Just Please Be Over?
Wednesday, December 4, 2019
Sadly, no. In December three risk events: OPEC, the Fed, and new tariffs on China.
Hong Kong Human Rights Act: Another Weapon for Trump
Thursday, November 21, 2019
It proves being “soft on China” is political kryptonite. Xi dares not try to outlast Trump.
The Bloomberg Threat
Tuesday, November 12, 2019
Bloomberg’s emergence prolongs the trade war and risks repeal of corporate tax cuts.