Yes, it turned out to be a buying opportunity. In some ways it still is, more than ever.
Donald L. Luskin
On the June Jobs Report
Friday, July 8, 2016
For a data-dependent Fed obsessed with uncertainty, data itself emerges as new source of it.
Brexit Panic: It’s The Italian Banks, Stupid
Wednesday, June 29, 2016
Italy missed Europe’s bail-out window. Now Renzi is using the crisis to open it again.
Post-Brexit Europe Passes Its First Test
Monday, June 27, 2016
Defying polls and “prediction markets,” Spain votes not to turn itself into the next Greece.
On the Brexit Referendum
Friday, June 24, 2016
A big “screw EU.” But good for the UK, and ultimately Europe too. It’s a buying opportunity.
Trump’s Pro-Growth Path to Victory
Tuesday, June 21, 2016
After 16 years of malaise, voters are responding to his call to make America competitive again.
On the June FOMC
Wednesday, June 15, 2016
After three months of embarrassing flip-flops, the Fed did what it had to do: nothing.
Who Knew? OPEC Actually Matters Again
Monday, June 6, 2016
No need for a freeze. OPEC is the swing producer again. Demand beats a path to its door.
On the May Jobs Report
Friday, June 3, 2016
The worst this cycle. If it weren’t for revisions, payroll growth would have been negative.
For the Fed, Wrong is Better than Stupid
Tuesday, May 31, 2016
We still say no rate hike. If there is one, at least this time it won’t fly in the face of recession.