Mike Shedlock

Contributor since: 26 Feb 2010

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• Is America's Love For Cars Fizzling?

  Published 22 April 2019 | viewed 4,887 times

  At increasing rates, millennials and generation Z see no need to get a drivers license. The Wall Street Journal has an interesting article that strikes right…

• Consumer Confidence Fails To Boost Retail Sales

  Published 14 March 2018 | viewed 2,346 times

  Citing "consumer confidence", economists expected retail sales to bounce 0.4%. Instead, sales fell for the 3rd month. (Click to enlarge)The word of the day is…

• No Bond Vigilantes: Just Record Short Futures Speculators

  Published 13 February 2018 | viewed 0 times

  A reader asked me about 'Bond Vigilantes' after reading this article: 'Bond Vigilantes' are Saddled Up and Ready to Push Rates Higher. There's reason to…

• Petro-Yuan Futures Launch in March: Ignore the Hype, It's a Good Thing

  Published 09 February 2018 | viewed 0 times

  Bloomberg reports China Ends 25-Year Wait as Yuan Oil Futures Set to Start Trading. In a challenge to the world’s dollar-denominated oil benchmarks Brent and…

• Don't Blame Media or India for Bitcoin Debacle: Just HODL?

  Published 01 February 2018 | viewed 0 times

  Reuters claims Bitcoin Slides as Facebook Ad Ban, India Clampdown Unnerve investors. Bitcoin, the world’s largest cryptocurrency, skidded 11 percent on Thursday to its lowest…

• Amazon, Buffett, JPMorgan Team Up on Healthcare: Hot Air or Real Deal?

  Published 31 January 2018 | viewed 0 times

  Three high-power firms agreed to take on rising healthcare costs. Sceptics abound. Can they succeed where others failed? The technological announcement of the year is…

• Weaker Than Expected GDP: Mixed Bag or Worse?

  Published 29 January 2018 | viewed 0 times

  The BEA estimates the Advance Estimate of Real GDP for the fourth quarter at 2.6%. The figure is well below estimates by Nowcast, GDPNow, and Econoday (3.9%,…

• Taunts From Bulls Come In: "Stupid to Hold Cash"

  Published 24 January 2018 | viewed 0 times

  Bridgewater’s Ray Dalio says investors in cash are going to feel pretty stupid. Speaking at Davos, the head of world’s largest hedge fund says ‘If…

• Exploring the "Dollar Crash" Thesis in Pictures

  Published 19 January 2018 | viewed 0 times

  People have been predicting a crash in the US dollar for something like forever. Let's investigate another crash thesis. ZeroHedge reports the "World's Most Bearish…

• Housing Permits a Leading Indicator? Of What?

  Published 18 January 2018 | viewed 0 times

  Blame the Weaher Earlier today I reported, Housing Starts Unexpected Dive 8.2%: Economists Blame the Weather. Econoday made this claim: "Starts can be affected by weather…

• Industrial Production Jumps on Utilities and Mining

  Published 17 January 2018 | viewed 0 times

  Industrial Production rose 0.9% in December topping the Econoday high estimate of 0.8%. The consensus estimate was 0.4%. The good news pretty much stops there.…

• Investors Abandon Hedges: Who Needs Em? The Stock Market Only Goes Up

  Published 11 January 2018 | viewed 0 times

  With volatility at consistently low levels, more investors are revising their strategies on risk. Apparently these is no downside risk anymore as Investors Abandon Hedges.…

• Valuing Bitcoin: Millennials' Fake Gold or "Something Else Entirely"?

  Published 10 January 2018 | viewed 0 times

  Vitaliy Katsenelson emailed an article about the Bitcoin bubble. Let's compare to the "Something Else Entirely" belief. Bitcoin – Millennials Fake Gold by Vitaliy Katsenelson…

• Kodak Soars 77% on News it Will Launch "KodakCoin" Cryptocurrency

  Published 09 January 2018 | viewed 0 times

  Kodak wants in on the hype. It announced its own cryptocurrency today, the KodakCoin. Today Kodak hopped aboard the Crypto Bandwagon with a “major blockchain…

• December Jobs Up 148K Following ADP 250K "Overheating" Estimate

  Published 05 January 2018 | viewed 0 times

  Yesterday, Mark Zanzi feared the jobs market would overheat. ADP estimated 250,000 jobs in Dec. The BLS reports 148K. Initial Reaction Today’s establishment survey shows…

• Economists Think Inflation Will Rise Sharply in 2018: They're Wrong

  Published 04 January 2018 | viewed 0 times

  Let's investigate six reasons economists think inflation is about to pick in 2018, and why I think they are dreaming. Reason Number One - Wage…

• State of the American Wallet: What's in Store for 2018?

  Published 02 January 2018 | viewed 0 times

        As of June 2017, Americans had a record $1 trillion in revolving debt. Nonrevolving debt is growing even faster. MarketWatch has "One…

• New Home Sales Spike Most in 25 Years: What's Going On?

  Published 28 December 2017 | viewed 0 times

  New home sales rose a whopping 17.5%, the strongest gain since 1992 and the most homes sold in one month since 2007. September was a…

• Spending Up Far More than Real Income: Per Capita Income Stagnates

  Published 27 December 2017 | viewed 0 times

  Real (inflation-adjusted) income rose 0.1% in November. Expenditures rose 0.4%. Per capita, income is stagnant. The BEA's Personal Income and Outlays report shows personal income…

• Amazon "Basics" Well Beyond the Basics: World Domination?

  Published 21 December 2017 | viewed 0 times

     Amazon keeps expanding its market share. Its "Basics" program and Amazon "Prime" explain why. Time to bust up Amazon?   Quartz reports AmazonBasics is…