Rate cut expectations were deep before he even started talking. Then they got deeper.
Donald L. Luskin
It’s a Recession! Well, Maybe It’s Just a Correction
Monday, August 5, 2024
With the 2-10 disinversion and the Sahm Rule, we’ve got kinda sorta (not) recession calls.
On the July Jobs Report
Friday, August 2, 2024
Recession dread is back, just when everyone had capitulated on the Magnificent Seven.
On the July FOMC
Wednesday, July 31, 2024
Powell puts a September cut “on the table” at least three times.
FOMC Preview: A Political Decision?
Monday, July 29, 2024
With the first rate cut coming, the Fed might fear it’s a battleground state this election.
Trumponomics II, The Sequel
Wednesday, July 17, 2024
November is a long way out, but let’s start to answer client questions about a second term.
Our Hot Take on Biden’s Stephanopoulos Interview
Saturday, July 6, 2024
If he can’t run for president how can he continue to be president? Markets will want to know.
On the June Jobs Report
Friday, July 5, 2024
We just hate the idea of “Goldilocks.” But that’s what this is, so enjoy it.
Our Hot Take on Last Night’s Presidential Debate
Friday, June 28, 2024
If Biden is replaced, it will be an uncertainty event that will discomfit markets.
Is Saudi About to Ditch the Dollar?
Monday, June 17, 2024
Even if it’s true that a 50-year US/Saudi agreement is about die, does it make any difference?