A broad-based asset purchase program is all but inevitable for June. But will it matter?
Donald L. Luskin
On the April Jobs Report
Friday, May 2, 2014
Great cyclical news, lousy structural news. And the Fed ditched the Evans Rule just in time.
On the April FOMC
Wednesday, April 30, 2014
A bland statement after Yellen's carnival of errors -- seems she is learning on the job.
On Q1 GDP
Wednesday, April 30, 2014
Perfectly in line with our climate model -- but should have beat like the rest of the data.
No Pain, No Ukraine
Tuesday, April 15, 2014
Almost a war now, but no escalating sanctions. Why would Europe suffer for a failed state?
Growth: Over Valued and Under Attack
Wednesday, April 9, 2014
As winter ends, cyclical and political triggers for the worst growth stocks chill in five years.
On the March Jobs Report
Friday, April 4, 2014
Relief, but the third coldest March in 20 years. By history, should have been just 36,000 jobs.
On Yellen's First Public Speech as Fed Chair
Monday, March 31, 2014
The words of a politico, not an independent policymaker. Unless she grows, trouble ahead.
Why Putin is Smarter than Stalin...
Wednesday, March 26, 2014
...and Merkel is smarter than Hitler. Both have learned from historical necessity.
On the March FOMC
Wednesday, March 19, 2014
Yellen unchained -- no rules. Nevertheless, the era of infinite policy accommodation is over.