Or just call it a perfect balance of risks.
Donald L. Luskin
Sticky Inflation? Or Sticking the Landing?
Tuesday, March 12, 2024
There’s no risk of resurgent inflation. But where’s the deflation that should be here now?
Today’s CPI Miss
Tuesday, February 13, 2024
They upweighted the stuff that inflated most and downweighted the stuff that deflated most.
How Biden and Trump Can Both Lose. Easily.
Thursday, February 8, 2024
We could have a president elected with only one state and 10 Electoral College votes.
On the January Jobs Report
Friday, February 2, 2024
Data-nerds of the world unite. With January jobs you have nothing to lose but your confusion.
On the January FOMC
Wednesday, January 31, 2024
The pivot is affirmed. Now Powell will watch inflation to see if there is any inflation. Brilliant.
Is Quantitative Tightening Over?
Monday, January 29, 2024
Powell says they’re not talking about it. The FOMC minutes say they are. Does it matter?
In the Dead of Night, the Fed Ends the Bank Term Lending Program
Thursday, January 25, 2024
It was never QE, and ending it isn’t QT. In fact, it’s just become an arb for banks.
FOMC Preview: Groupthink is Dead, Now It’s Just Lies
Friday, January 19, 2024
Powell and Jefferson are the only ones telling the truth (because they’re not speaking).