So many new policies, so few results -- and asset purchases are pushed far into the future.
Donald L. Luskin
The Stench of CrISIS
Wednesday, June 25, 2014
High oil prices are the hidden hand behind slow growth -- and the risk is going up.
It's Yellen's World, and We're Just Living In It
Wednesday, June 18, 2014
Where yields have to go down to go up, and inflation is above 2% so prices can be stable.
On the May Jobs Report
Friday, June 6, 2014
Meet the new cyclicality. 76 months to create 98 thousand jobs for 15 million new workers.
On the ECB June Policy Decision
Thursday, June 5, 2014
Draghi begs the question: how many pea-shooters does it take to make one bazooka?
Going Negative?
Wednesday, June 4, 2014
In the ECB's quixotic quest for inflation, ABS purchases are more likely than negative rates.
Europe's Fake Quake
Tuesday, May 27, 2014
It's all over but the shouting -- because that's all that happens in the EU Parliament.
Russia Recovers, Emerging Markets Re-Emerge
Wednesday, May 21, 2014
The dramatic rebound across emerging markets sends a strong global growth signal.
The Yellen Rule is Taylor Minus Two
Monday, May 19, 2014
Treasuries have adapted to a dovish new Fed regime without QE or ZIRP.
Earnings to the Rescue
Monday, May 12, 2014
Amidst disappointing 2014 equity returns, we're seeing the best upgrade rate in years.