Infrastructure will be voted in the House Thursday. If it passes, tax hikes are doomed.
Donald L. Luskin
On the September FOMC
Wednesday, September 22, 2021
Growth downgraded, but taper still on for November. And Powell has stopped beating his wife.
Tax Hikes: The House Has Many Manchins
Wednesday, September 8, 2021
A gift of time for moderate House Democrats means chances of tax hikes are fading.
On the August Jobs Report
Friday, September 3, 2021
Delta made the US demobilize a little. Tepid payrolls defer tapering till the December FOMC.
On Powell at Jackson Hole (Virtually)
Friday, August 27, 2021
A bit of a hawkish surprise on taper timing, but also two very dovish consolation prizes.
On the July Jobs Report
Friday, August 6, 2021
26 states stop paying people more not to work than to work – and voila!
Let It Go, Let It Rip
Wednesday, August 4, 2021
There’s downside risk to Friday’s payrolls. But Delta won’t derail a productivity-led boom.
On the July FOMC
Wednesday, July 28, 2021
Was the use of the word "substantial" a little too insubstantial? Points to a split Committee.
Are Stocks and Bonds Actually Agreeing with Each Other?
Monday, July 26, 2021
Yes: Bond yields topped out when Biden abandoned Modern Monetary Theory.
No, We Still Don’t See $100 Oil
Tuesday, July 6, 2021
And no, it’s not “the end of OPEC.” It’s in Saudi’s interest to make it right with UAE.