With the Fed on pause, the equilibrium funds rate is now arguably above 6%.
Donald L. Luskin
The Price of the Pause
Friday, October 20, 2006
Thursday, October 12, 2006
Long-term, the GOP losing congressional control may be best for growth.
Highs for Stocks, Lows for Sentiment
Monday, October 9, 2006
In our "first up, then down" strategy model, how long can "first up" last?
The Frustrated Fed
Thursday, September 28, 2006
Where on Lenin's Tomb do Fed officials have to stand to signal their hawkish bias?
Wednesday, September 20, 2006
Consumers will stay strong -- bad news for the Fed, good news for the GOP.
Weak Gold, Strong Inflation
Wednesday, September 13, 2006
Gold would have to drop another $200 to truly relieve inflation pressures.
Thursday, September 7, 2006
Modest positives rule the near term, but inevitable negatives are just over the horizon.
Update to Our US Equity Forecast
Wednesday, August 23, 2006
Why the bullish short term can only be so good, and why the bearish long term might only be so bad.
If Only It Were This Easy
Friday, August 18, 2006
We're delighted to see stocks up and gold down -- but don't break out the champagne just yet.
Monday, August 7, 2006
The Fed will cause a real recession by trying to prevent an illusory one.