Assuming Laxalt wins Nevada, it’s a 50-50 Senate. Again it’s all down to Georgia and Trump.
Donald L. Luskin
On the November FOMC
Wednesday, November 2, 2022
Acknowledging lags is important, but it’s no pivot. It’s a gift of time for inflation to fall further.
Equity Risk Premium: Regime Change Accomplished
Tuesday, October 25, 2022
It doesn’t mean stocks are expensive: just that there was an historic bear market in bonds.
Or How I Learned To Love September CPI
Thursday, October 13, 2022
By most measures, the reality remains that inflation has peaked. The Fed likely doesn’t care.
On the September Jobs Report: Dear God, What Does Powell Want?
Friday, October 7, 2022
The weakest payrolls this year, and 1.8 million openings gone. Is the labor market still tight?
It’s Starting to Feel a Lot Like Brexit
Wednesday, September 28, 2022
Another phony politicized media narrative, when stocks and bonds are deeply undervalued.
U.K. Energy Policy Is a Flop
Sunday, September 25, 2022
It will keep inflation high—and markets know it.
On the September FOMC: Dotsaster
Wednesday, September 21, 2022
The dots blew through expectations into a higher-longer tightening cycle.
Sorry, But We’re All Out of Deflation Today
Tuesday, September 13, 2022
We just lost a month in the death race between receding inflation and contractionary policy.
The Tide Turns in Ukraine
Monday, September 12, 2022
If Russia doesn’t nuke Ukraine on the way out, here’s where the negotiations begin.