Despite a big jobs miss, today's data makes the Fed more likely to start tapering.
Donald L. Luskin
On the July FOMC
Wednesday, July 31, 2013
The FOMC admits the risk of too-low inflation. Tapering may not come as soon as expected.
On Q2 GDP, and the Intellectual Property Revolution
Wednesday, July 31, 2013
The new information economy is bigger than we knew -- but it's not growing any faster.
End of the Beginning for Abenomics
Monday, July 22, 2013
Abe has a strong mandate now. Free trade talks will be the first test of how he'll use it.
Bernanke's Deathbed Confession
Thursday, July 11, 2013
As he ponders his legacy, he says don't worry about tapering: QE never mattered anyway.
Escape from Taperphobia
Monday, July 8, 2013
Stocks no longer in lockstep with bonds -- but it's about lower risk, not higher growth.
On the June Jobs Report
Friday, July 5, 2013
It feeds the tapering beast. But the labor market hasn't improved, and deflation threatens.
US Fixed Income Strategy: The Fed Irrelevancy Hypothesis
Tuesday, July 2, 2013
QE has no effect on yields. They've been rising for a year because systemic risk is lower.
Taper Your Tapering Expectations
Thursday, June 27, 2013
Threats in credit markets, and weak data, make it unlikely the Fed will taper as planned.
On the June FOMC
Wednesday, June 19, 2013
One dissent over inflation risk. Another over deflation risk. And by the way, no tapering.