The recession was worse than we knew, making this recovery even more "expansionless."
Donald L. Luskin
Good Week for Growth
Monday, July 26, 2010
New hopes for extending the Bush tax cuts, no carbon tax, and an easy Fed.
On the EU Bank Stress Tests
Friday, July 23, 2010
By ruling out the effect of sovereign default on banks, the EU is ruling it out as a cause.
No QE2 Yet -- Just QE 1.1
Thursday, July 22, 2010
Bernanke disappointed the "double dip" crowd, but it was still a step toward more easing.
An Earnings Season in the "Expansionless Recovery"
Wednesday, July 14, 2010
Intel's sales are back above trend -- but that leaves the economy still far below.
Europe Gropes toward Stress-Tests
Monday, July 12, 2010
It's a test to see if disunited Europe can establish new rules and play by them.
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.