A big contradiction to our recession call. Liftoff now seems certain -- but likely still a mistake.
Donald L. Luskin
On the October FOMC
Wednesday, October 28, 2015
A pack of lies to save the pride of an ailing Yellen. Fortunately, nobody believes her.
The Rally in the Recession
Tuesday, October 20, 2015
A disastrous earnings season, but oil has stabilized and the Fed is in revolt against Yellen.
How to End a Correction with a Recession
Friday, October 9, 2015
If oil has bottomed, and bad data keeps the Fed on hold, then it's a 7-year streak for stocks.
On the September Jobs Report
Friday, October 2, 2015
A big blow to the labor market, and an even bigger blow to what's left of the Fed's credibility.
I Really Didn't Say Everything I Said
Thursday, September 24, 2015
It's risk-off since Yellen flubbed last week's FOMC. Now QE4 may come before "liftoff."
On the September FOMC
Thursday, September 17, 2015
Yellen "takes note" of falling inflation expectations, and one member calls for negative rates.
FOMC: The Lady or the Tightener?
Tuesday, September 15, 2015
Markets have already done the tightening -- and Yellen likes keeping us all guessing.
On the August Jobs Report
Friday, September 4, 2015
These numbers won't drive "liftoff." With no new ammo for hawks, the doves and chickens win.
On Fischer at Jackson Hole
Monday, August 31, 2015
Less than three weeks to go, saying nothing, Fischer ratifies the consensus for no "liftoff."