Mike Shedlock

Contributor since: 26 Feb 2010

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• GDPNow Holds Steady at 0.3% as Low Inflation Adds to GDP, Housing Subtracts

  Published 19 April 2016 | viewed 0 times

  The Atlanta Fed GDPNow Forecast remained at +0.3% following recent economic reports. Today's grim housing report subtracted a bit from GDP, but the CPI which…

• Obama 'No Boots on the Ground' Sends More Boots on the Ground

  Published 19 April 2016 | viewed 0 times

  President Obama's "no boots on the ground" pledges have been broken so many times it's hard to keep track. Today the president is back at…

• Brazil Impeaches President Rousseff; Where to for Brazil and its Currency?

  Published 18 April 2016 | viewed 0 times

  In a 367-137 vote with two absent and seven abstentions, Brazil's lower house of Congress voted to impeach President Dilma Rousseff. 342 vote were needed.…

• Indiana Awards 57 Delegates Before Primary Vote, Only 1 to Trump; Satan vs. Trump

  Published 16 April 2016 | viewed 0 times

  Donald Trump complained about bid-rigging in Colorado and other states in his April 14 Let Le Ask America a Question Op-Ed submission to the Wall…

• Investigating Deutsche Bank's Euro21 Trillion Derivative Casino in Wake of Admission it Rigged Gold and Silver

  Published 15 April 2016 | viewed 0 times

  Deutsche Bank Admits Rigging, Will Expose Other Riggers Deutsche Bank has admitted it rigged both the Gold market and the Silver market. ZeroHedge has the…

• Princeton Professor Projects Trump has 70% Chance of Winning Primary; Nate Silver on Trump's Dwindling Chances; Silver vs. Mish

  Published 14 April 2016 | viewed 0 times

  Based on current polls, Princeton professor Sam Wang projects Donald Trump Will Win the Republican Nomination with a median of 1,356 delegates, 119 more than…

• Whole Lotta Flation: Where Is It? Perfect Storm?

  Published 14 April 2016 | viewed 0 times

  "Flation" remains one of the key debates of the day. Some expect huge inflation. Others expect stagflation (a rediscovered buzzword) and still others hyperinflation (yes,…

• Inventories and Sales: How Bad Are They? Study in Pictures

  Published 13 April 2016 | viewed 0 times

  In response to GDPNow Rises to 0.3% Following Dismal Retail Sales and Inventory Reports; Fed vs. Fed Update I received a nice email from reader…

• New York Times Concludes 'Trump's Path to 1,237 Is Not Mission Impossible'

  Published 08 April 2016 | viewed 0 times

  Yesterday I wrote Mish Projection: Trump Wins Nomination with 1,246 Delegates (9 More than Needed) . I almost held off for a day posting that.…

• Sufficient Momentum (For aRecession)

  Published 08 April 2016 | viewed 0 times

  In the wake of huge plunge in wholesale inventories that still left the inventory-to-sales ratio in the stratosphere, the Atlanta Fed GDPNow Model plunged to…

• Goldman Sach's Dubious Advice 'Short Gold!'

  Published 07 April 2016 | viewed 0 times

  Those betting against Goldman Sach's retail investment advice have generally been on the right side of things. The same thing is about to happen again.…

• Department of Education Wonders 'Why 40% of Student Borrowers Don't Make Payments'; Blame Bush (Seriously)!

  Published 06 April 2016 | viewed 0 times

  Over 40 percent of those in student loan programs have stopped making payments. Many borrowers have never made any payments. The department of education (a…

• GDPNow Forecast Sinks to 0.4% Following More Weak Economic Report

  Published 05 April 2016 | viewed 0 times

  Following another set of weak economic reports, the Atlanta Fed GDPNow Model for first quarter US GDP sank 0.3 percentage points to 0.4%. Latest forecast:…

• Refugees Flooding Italy Surge 80%; Italy Seeks Greek-Style Returns; Proposed Solution in Single Picture

  Published 04 April 2016 | viewed 0 times

  Italy's Interior minister Angelino Alfano warns the refugee "system is at risk of collapse" following an 80 per cent spike in the number of arrivals…

• Chart of the Day: California Minimum Wage Hike History

  Published 02 April 2016 | viewed 0 times

  California Governor Jerry Brown launched a Political Earthquake proposing a series of minimum wage hikes every year between now and 2022 when the minimum wage…

• Dot Plot Convergence as Fed Outsources Policy to Financial Markets

  Published 30 March 2016 | viewed 0 times

  A "dot plot" of Fed-expected rate hikes vs. market-expected rate hikes shows convergence towards the market's view. In December, Fed Chair Janet Yellen expected four…

• Gig Economy Take II: Nearly Entire Increase in Employment Since 2010 is in Gigs!

  Published 29 March 2016 | viewed 0 times

  In my report, How Big is the "Gig" Economy? What about "Permatemps"? I accidentally put commas in the wrong place when reporting the estimated increase…

• GDPNow Forecast Plunges to +0.6%; Tracking Lockhart's Momentum with Pictures

  Published 28 March 2016 | viewed 0 times

  In the wake of a dismal personal income and outlays report today, the Atlanta Fed GDPNow Model forecast plunged to +0.6%. Recall that on March…

• US Population Growth +0.79%, Illinois -0.17%, Illinois Second Worst to Coal Plagued West Virginia

  Published 25 March 2016 | viewed 0 times

  According to Census bureau data, only seven states lost population in the last reporting year (July 2014 - July 2015). Illinois had the second worst…

• Durable Goods Orders Plunge 2.8%; Will a Falling Dollar Soon Help?

  Published 24 March 2016 | viewed 0 times

  In spite of alleged strength in several recent regional manufacturing reports, durable goods orders took another nosedive. As I have commented, there are lots of…