Mike Shedlock

Contributor since: 26 Feb 2010

Contact Contributor

Biography

• Blowback: Isis Suicide Bomb Attacks in Brussels Kills Dozens; Fear Descends on Belgium; What's Next?

  Published 22 March 2016 | viewed 0 times

  Fear Descends on Belgium Isis claims responsibility for twin bomb attacks in Brussels, Belgium, the EU capital. At least 30 are reported dead. The first…

• Kaleidoscope Eyes

  Published 22 March 2016 | viewed 0 times

  Dennis Lockhart, Atlanta Fed president, made a speech today trumping up the possibility rate hikes as soon as April. In his speech, Lockhart cited "sufficient…

• Greenspan: Worried About Inflation, Says 'Entitlements Crowding Out Investment, Productivity is Dead'

  Published 21 March 2016 | viewed 0 times

  Former Fed Chairman Alan Greenspan spoke with Tom Keene and Mike McKee for Bloomberg TV & Radio. He discussed the ramifications of negative interest rates,…

• Mish's Monthly Macro Update

  Published 21 March 2016 | viewed 0 times

  With regular co-host Mish Shedlock & Gordon T Long 34 Minute Video with Slides Mish Shedlock lays out some of the Key Macro Messages in…

• Political Chaos in UK as Pension Minister Resigns with Verbal Blast at Cameron, Osborne

  Published 20 March 2016 | viewed 0 times

  The Brexit debate stew bubbled over the top this weekend with the surprise resignation of UK's eurosceptic pension minister, Iain Duncan Smith. Smith's resignation was…

• Chicago Public School System Threatens Massive Tax Hikes Via 'Backdoor' Bond Guarantee

  Published 18 March 2016 | viewed 0 times

  The Chicago Public School (CPS) system is bankrupt in every way but the final declaration. That declaration is a foregone conclusion, and bondholders will take…

• Empire State and Philly Fed Reports Positive: Worst Over for Manufacturing?

  Published 17 March 2016 | viewed 0 times

  On Tuesday, the Empire State manufacturing region returned to positive territory following seven months of contraction. Today, the Philadelphia Fed manufacturing region returned to positive…

• Law of Bad Ideas Strikes Again: Reverse Wage and Price Controls

  Published 17 March 2016 | viewed 0 times

  It was bound to happen. Even more radical ideas to produce inflation in a deflationary world have surfaced. The latest absurd ideas come from Olivier…

• Steen Jakobsen Explains the Rise of Trump 'Social Contract is Broken'

  Published 16 March 2016 | viewed 0 times

  Anger at Political Establishment Contrary to popular Republican "wisdom", Donald Trump can beat Hillary, but Cruz and Kasich likely cannot. As I have explained, Trump…

• Tusk Blasts Merkel Citing 'Animal Farm', Seeks to 'Rebalance' Refugee Deal

  Published 15 March 2016 | viewed 0 times

  In a well deserved slap-in-the-face to Angela Merkel, EC president Donald Tusk blasted the Chancellor on Tuesday: "Cyprus is as important as Germany, France, the…

• Retail Sales Down, January Sales Revised to -0.4%

  Published 15 March 2016 | viewed 0 times

  There was a lot of cheering last month when retail sales rose by 0.2%. That cheering mostly vanished into thin air today when January retail…

• Inflation Comeback: Did Inflation Ever Go Away?

  Published 14 March 2016 | viewed 0 times

  This is a guest post by Joseph Y. Calhoun at Alhambra Investment Partners. His post starts off with this quote by Stanley Fischer, Fed Vice-Chair…

• Financial Wonderland: Reader Questions on Negative Rates and Money Heaven

  Published 10 March 2016 | viewed 0 times

  Questions on negative rates keep coming in: Where does the money go? Who benefits? Will the Fed do the same? What's Draghi up to? A…

• Draghi's 'Shock and Awe' campaign morphs into 'Shock and Aw Shucks'

  Published 10 March 2016 | viewed 0 times

  In a series of stunning market reversals, ECB president Mario Draghi's "Shock and Awe" campaign quickly morphed into "Shock and Aw Shucks". Earlier this morning,…

• EC President Slams Merkel in Tweet

  Published 09 March 2016 | viewed 0 times

  Looking for irony? I have some. EC president Donald Tusk slammed German chancellor Angela Merkel in a tweet. Guess who tweeted in defense of Merkel.…

• EU leaders Recoil from Merkel's Deal With the Devil

  Published 09 March 2016 | viewed 0 times

  Deal Unwinds Already It took precisely one day for the rest of Europe to realize Merkel has gone mad with her "Deal with the Devil"…

• OECD Warns Leading Indicators Point to Slower Global Growth

  Published 08 March 2016 | viewed 0 times

  Pitifully Late Recognition of the Obvious It's been pretty clear that the global economy has been slowing for some time, but recognition of that fact…

• Bloomberg Explains How Draghi Can 'Free Up' $900 Billion; Mish Explains How to 'Free Up' $15 Trillion

  Published 08 March 2016 | viewed 0 times

  ECB president Mario Draghi is under self-imposed pressure to do something dramatic on March 10 to ward off fictitious problems that he associates with consumer…

• Trade Deficit Rises as Exports Unexpectedly Plunge 2.1%

  Published 04 March 2016 | viewed 0 times

  Exports unexpectedly declined a sizable 2.1 percent in February. Imports fell 1.3 percent. As a result, the trade deficit widened to -45.7 billion. Last month,…

• 242,000 Jobs: 304,000 of Them Were Part-Time; Average Weekly Earnings Sank

  Published 04 March 2016 | viewed 0 times

  Jobs came in well above expectations at 242,000 despite tax data collections that support a Job Growth estimate of 55,000 to 85,000. A quick dive…