Wednesday's shock in global markets reminds us: always a crisis, always more reflation.
Donald L. Luskin
On the August FOMC
Tuesday, August 10, 2010
It was not quite the least the Fed could do, but they did it. There's more to come.
On the July Jobs Report
Friday, August 6, 2010
Another expansionless month for jobs in an ongoing "expansionless recovery."
What Should the Fed Do?
Thursday, August 5, 2010
There's one policy option for next week's FOMC that would be both powerful and gradualist.
On Q2 GDP
Friday, July 30, 2010
The recession was worse than we knew, making this recovery even more "expansionless."
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.