Payrolls fall to earth, while hourly wages climb. Will Yellen see this as "full employment"?
Donald L. Luskin
On the March FOMC
Wednesday, March 18, 2015
Patient (the word) is dead. Long live patience (the concept).
Patient is a Virtue
Monday, March 16, 2015
Will she or won't she? Our FOMC language sweepstakes entry: Yellen will keep the word in.
Houston, You're the Problem
Monday, March 9, 2015
Thanks to oil, forward earnings have rolled over with the highest PE for stocks in 11 years.
On the February Jobs Report
Friday, March 6, 2015
Neither sleet nor snow in Boston nor layoffs in Houston can slow down this labor market.
On Yellen's Senate Testimony
Tuesday, February 24, 2015
Jobs? Check! "Liftoff" hinges on inflation now. But wait, the inflation outlook is just fine.
I Have Seen the Future, and It Fracks
Tuesday, February 24, 2015
EOG's earnings missed big, but it points the way to a new Moore's Law for energy.
From Grexit to Griddance
Monday, February 23, 2015
If Friday's deal blows up and Greece leaves the euro, that could be the least risky outcome.
Greece: Failure Is an Option
Tuesday, February 10, 2015
Europe can take a hard line, to discipline radical parties imperiling integration and reform.
On the January Jobs Report
Friday, February 6, 2015
Median real household income is surging, and workers have stopped dropping out.