Europe is patient-zero, but the breakout in gold is a flight from currencies worldwide.
Donald L. Luskin
Europe Gets le TARP
Monday, May 10, 2010
A painful lurch toward European federalism, but it's not clear it will restore confidence.
On the April Jobs Report
Friday, May 7, 2010
The duality continues: growing employment and growing unemployment at the same time.
Gold is the Strongest Currency
Thursday, May 6, 2010
Thanks to Greece it's at all-time highs in euros -- but why is it surging in dollar terms, too?
On Q1 2010 GDP
Friday, April 30, 2010
A weak quarter: no "new normal," but no "V-shaped recovery" either.
On the April FOMC
Wednesday, April 28, 2010
The Fed had nothing to say, so it said nothing. So it's no exit as far as the eye can see.
The Scariest Chart in Economics
Tuesday, April 27, 2010
The FOMC meets, facing a secular breakdown in the labor market.
If This Earnings Season Has Been So Great...
Monday, April 26, 2010
...then why haven't consensus earnings -- or stocks -- tracked on the upside?
Goldman Sucks
Monday, April 19, 2010
The new systemic risk: liability for past sins and heightened clamor for regulation.
The Consumer: QED
Friday, April 16, 2010
The recession is so over, the consumer is still king, and the "new normal" is off the table.