Luskin warns: Miran's Fed appointment dangerous for markets

Concerns Over Stephen Miran’s Fed Appointment

Donald Luskin warns that a Federal Reserve led by Stephen Miran could pose significant risks to financial markets. He highlights Miran’s radical stance on devaluing the U.S. dollar as a central concern.

Weak Job Numbers Linked to Immigration Decline

Luskin attributes the recent weak job figures to a decrease in immigration rather than a recessionary trend in the economy. This perspective challenges common interpretations of the current labor market situation.