via Mish Talk: Long-Range Missiles The WSJ editorial board says the best response Russian drones is to Send Long-Range Missiles to Ukraine. The Pentagon on Thursday released footage of a Russian fighter jet that harassed, dumped fuel on and then collided this …
There are a lot of mixed messages out there right now. The economy is strong, yet inflation-adjusted retail sales aren’t growing. The jobs market is strong, yet more and more of corporate America is announcing layoffs. The housing market is …
A consortium of California university professors and the Climate Community project say that more EVs alone will not solve the climate crisis. They are coming after your car. Please consider Achieving Zero Emissions with More Mobility and Less Mining. A crucial aspect …
Home Price Disconnect Notes National is the Case-Shiller national home price index. 10-City represents the weighted average of the cities in the first chart. CPI is the Consumer Price Index OER stands for Owner’s Equivalent Rent. It is the single largest component …
via Mish Talk: GDPNow Data from the Atlanta Fed, Chart by Mish The GDPNow Forecast was at 2.5 percent on the May 17 retail sales report. It’s now 1.3 percent and falling fast. This snip is from June 1. The GDPNow model estimate for …
Let’s investigate Biden’s claim with a series of three pictures. CPI data from BLS, PCE data from BEA, chart by Mish Commodity Prices CPI and PPI data from the BLS, chart by Mish Consumer Spending Retail Sales data from Census …
by Mish Talk Mortgage rates courtesy of Mortgage New Daily (MND) At the start of 2022, the MND average survey rate on 30-year fixed-rate mortgages was 2.76%. This week, the MND average survey rate on 30-year fixed-rate mortgages topped …
Gee – who might want to stage a chemical attack? Russia, Ukraine? US?Somehow factions in all three? https://t.co/PCAs3MTyM5 — Mike "Mish" Shedlock (@MishGEA) March 14, 2022
by MISH I did not think the EU would play the SWIFT card on Russia. It turns out I was correct. SWIFT is the international payment system. Cutting off a top country from SWIFT access is a very big deal. When …
by Mike Shedlock The CPI Measures Inflation and Other Widely Believed Economic Nonsense The Fed, mainstream media, and others have a spotlight on the CPI and that’s the wrong spotlight. Chart Discussion In the chart above I plot the Case-Shiller …
Real means inflation adjusted. I calculated the real interest rate by subtracting year-over-year CPI from the current 3-month T-bill yield. One could also use the Fed Funds Rate or 1-month T-Bill rate as the yields are all about the …
by Mike Shedlock Inflation is rampant but the Fed dismisses it. Year-over-year home prices are up 11.2%, some cities even more. The Fed does not see this, or count it, if they do. Let’s discuss why. Home Prices Rise at …
Talk Digital Network, Released on 4/19/19 Mike “Mish” Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH’S Global Economic Trend Analysis.
Talk Digital Network, Released on 2/27/19 Will US trade threats against China and Europe work out? Mike “Mish” Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the …
via mishtalk: Corporate America is doing far better than most expected under Trump’s tax cuts. But the cuts didn’t pay for themselves. I am a firm believer the ideal corporate tax rate is zero. Yet I was against Trump’s tax cut. …
via mishtalk: German, French, and Italian industrial production collapsed in November. Italy GDP is negative for 3rd Quarter. Italy GDP Italy’s GDP was negative for the third quarter. Gross domestic product (GDP) in the euro zone’s third largest economy fell by …
via mishtalk: Four Fed presidents, three of them voting members issued dovish statements today. Please consider Fed Policymakers Say Wait On Further U.S. Rate Hikes. After months of tumult in the stock market and rising speculation over a coming recession, presidents …
via sputniknews: https://video.img.ria.ru/Out/MP3/20190109/2019_01_09_DOUBLEDOWN146080119_nezkf5p0.j3o.mp3 As financial markets begin the year with huge volatile swings and job numbers surprise to the upside, Double Down talks to Mish Shedlock of MishTalk.com about what the Federal Reserve will do now that investors had priced in a rate cut in March: can the Fed …
via mishtalk: The market did not seem to like statements Jerome Powel made following the FOMC announcement. Head Scratching There's head scratching over whether today is hawkish or dovish, given SPX is falling. Equities may be trading on Powell's more cautious …
Talk Digital Network, Released on 12/14/18 French riots could ultimately leaded to European Union break up Mike “Mish” Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the …
via mishtalk: The Fed is expected to hike on Dec 18 and perhaps in Mar 2019. The rise in the 3-month yield reflects that expectation. The inverted yield curve persists for a second day. It reflects the idea that the Fed …
via mishtalk: The U.S. housing boom is not ending, it’s over. Dallas and the west coast are in the spotlight. Recent housing data has been downright miserable. New home sales fell through the floor and existing home sales had a string …
via mishtalk: Looking for a severe real estate bust? Try Australia or California. Both represent ground zero. The California Association or Realtors (CAR) just posted some Dismal Statistics. The California housing market posted its largest year-over-year sales decline since March 2014 and …
Wall St. For Main St., Released on 8/17/18 During this 35+ minute interview, Jason asks Mish what he thinks are the most important things going on in the global economy that people should pay attention to for the rest of …
Talk Digital Network, Released on 3/29/18 Mike “Mish” Shedlock a registered investment advisor, representative for Sitka Pacific Capital Management and he operates one of the most popular websites about the economy and investing online: MISH’S Global Economic Trend Analysis.
Mike “Mish” Shedlock says the trigger for the next collapse can come from a wide variety of places. Shedlock says, “Germany is owed something like 800 billion euros from peripheral Europe. How are these countries ever going to pay that …