Freezing production that was frozen anyway makes the US fracker the swing producer.
Donald L. Luskin
On OPEC’s Production Target
Thursday, September 29, 2016
On the First Presidential Debate
Tuesday, September 27, 2016
Front-runner Clinton wins this tie. It’s not over: remember Romney’s first debate win in 2012.
On the September FOMC and BOJ
Wednesday, September 21, 2016
The FOMC didn’t “blow itself up,” but threatens to in December. The BOJ seeks overshoot.
Gundlach and Load
Monday, September 12, 2016
Friday was a warning shot for the Fed: you’re near an invisible tripwire connected to recession.
On the August Jobs Report
Friday, September 2, 2016
This wasn’t Yellen’s “solid performance” – yet fears of a September hike just won’t die.
On Yellen at Jackson Hole
Friday, August 26, 2016
Some rote hawkishness. But she’s hearing Leftist critics who say a hike is “a terrible idea.”
The Agony of Victory at Jackson Hole
Thursday, August 18, 2016
The Fed has pretty much achieved its dual mandate. So why all the existential angst?
Trump’s To Lose
Friday, August 12, 2016
Like Brexit: “It can’t happen! A catastrophe!” Trump can win, and markets are unprepared.
On the July Jobs Report
Friday, August 5, 2016
Three-in-a-row now – another jobs report that defies both expectations and evidence.
On the July FOMC
Wednesday, July 27, 2016
“Risk” has “diminished,” but “uncertainty” rules post-Brexit and pre-election. No hikes.