Revisions to March's disaster are welcome, but the labor market remains stagnant at best.
Donald L. Luskin
On the April Jobs Report
Friday, May 3, 2013
On the May FOMC
Wednesday, May 1, 2013
The Fed acts oblivious to a here-and-now deflation threat, and deteriorating data.
On Q1 GDP
Friday, April 26, 2013
Another blah growth quarter, another miss. And the monthly internals look even worse.
Gold and Commodities: Breaking Bad
Monday, April 15, 2013
QE3 has failed. Gold points to deflation, commodities point to continued anemic growth.
Thursday, April 11, 2013
US stocks still can't compete with Japan or the euro area on value or growth.
On the March Jobs Report
Friday, April 5, 2013
Risk-relief, a housing recovery and an energy boom aren't overcoming higher taxes.
On the April BOJ Policy Meeting
Thursday, April 4, 2013
A proud central bank sacrifices its independence for the sake of reflation and growth.
New Highs, Same Old Cloudy Skies
Monday, April 1, 2013
Slow earnings growth, energy and housing tailwinds, and a head-fake consumption spurt.
Regime Change Comes to Euro Policy
Thursday, March 28, 2013
The banking crisis in Cyprus prompted an overdue financial reckoning that, with luck, will spell the end of "too big to fail."
Estimating the LSAP effect on the stock market
Saturday, March 23, 2013
We can estimate the value of stock purchases the Fed is enabling.