It's a test to see if disunited Europe can establish new rules and play by them.
Donald L. Luskin
Why This Isn't Like 1938 -- At Least Not Yet
Friday, July 9, 2010
Stock prices show we've dodged another depression, but toxic, antibusiness rhetoric and policy errors like the Dodd-Frank bill are hurting the still-fragile recovery.
A Funny Thing Happened on the Way to the Depression
Tuesday, July 6, 2010
No depression, and no "double dip." Still it's hard to recover from a great bear market.
On the June Jobs Report
Friday, July 2, 2010
Some small upside surprises -- it's still an "expansionless recovery," not a "double dip."
On Today's Drop in Gold
Thursday, July 1, 2010
Good news for the euro is bad news for gold, at least in the near-term.
Betting Against a "Double Dip"
Wednesday, June 30, 2010
It feels like the end of the world. But liquidity is plentiful and stocks are very cheap.
On the June FOMC
Wednesday, June 23, 2010
Already dovish, now going on deflation-alert. A tiny first step toward more easing this year.
How to Ease, Not When to Tighten
Wednesday, June 23, 2010
Today the FOMC will take the first tiny steps down the path to further easing.
On RMB Revaluation
Sunday, June 20, 2010
Buy the dip if there's a "strong yuan" panic. This is good for China and the world.
Fixed Income Strategy: Take The Low Road
Wednesday, June 16, 2010
The Fed is stuck where it is this year and next: so bet on low yields and low quality.