Mike Shedlock

Contributor since: 26 Feb 2010

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• Yield Curve Steepens Dramatically: What's Going On?

  Published 19 December 2017 | viewed 0 times

  US treasuries are seeing action we have not seen for a while: Strong sharp steepening of the yield curve. The yield curve is said to…

• Industrial Production Up 0.2% - Mostly a Hurricane Artifact

  Published 15 December 2017 | viewed 0 times

      Industrial Production and Capacity Utilization Highlights Industrial production moved up 0.2 percent in November after posting an upwardly revised increase of 1.2 percent…

• Bitcoin Stable: CBOE Website Crashes

  Published 12 December 2017 | viewed 0 times

  Two days ago, CBOE futures launched. These Tweets describes the result. Cboe Website Crashes As Futures Trading Begins; Bitcoin Price Squeezed 10% Higher https://t.co/qCOHjDvfF4 —…

• Is Tax "Reform" Good for the US Dollar?

  Published 06 December 2017 | viewed 0 times

  Let's investigate what happened after the last 3 major tax reforms. Another "reform" is on deck. I picked up this idea from Holger Zschaepitz, @Schuldensuehner,…

• Yield Curve "Conundrum": Blame Japan for Flat Treasury Curve?

  Published 05 December 2017 | viewed 0 times

      A Citigroup analyst says don't worry about the flat yield curve. Instead, Blame Japanese Banks. “We believe that the latest leg of curve…

• People Spent $1M on Totally Useless Ethereum "CryptoKitties"

  Published 04 December 2017 | viewed 0 times

  Techcruch reports People have spent over $1M buying virtual cats on the Ethereum blockchain. Launched a few days ago, CryptoKitties is essentially like an digital…

• Yellen Asks Congress for Pro-Growth Policies, Ducks Question on Taxes

  Published 01 December 2017 | viewed 0 times

  Outgoing Fed Chair Janet Yellen Received a Warm Reception at what will be her last appearance before Congress at the Fed's semiannual report to Congress…

• 5th Round of NAFTA Talks Collapse: Who's to Blame? What's at Stake?

  Published 28 November 2017 | viewed 0 times

  The 5th round of NAFTA talks between the US, Canada, and Mexico was a complete disaster. It's a lose, lose, lose setup.   A major…

• Fed Worried About Lack of Inflation, Stock Market Bubble (Sort Of)

  Published 24 November 2017 | viewed 0 times

  Minutes of the FOMC Oct. 31-Nov. 1 meeting reflect concern inflation could stay below target longer than expected. The minutes also show a concern over…

• Apple, Microsoft Bow to Increasing China Censorship: "It's Temporary"

  Published 23 November 2017 | viewed 0 times

  The New York Times reports Skype Vanishes From App Stores in China, Including Apple’s. For almost a month, Skype, the internet phone call and messaging…

• Housing Starts and Completions Surge

  Published 20 November 2017 | viewed 0 times

  Housing starts rose 13.7 percent from September to a seasonally adjusted annual rate (SAAR) of 1.290 million. This is the fastest pace since October 2016.…

• Pension Ponzi Bailout: Democrats Sponsor US Treasury Bailout Scheme

  Published 15 November 2017 | viewed 0 times

  Most defined benefit pension plans are nothing but Ponzi schemes. Plans are now unraveling because of demographics. An increasing number of retirees, needing untenable returns,…

• The Bitcoin Bubble Debate Rages On

  Published 06 November 2017 | viewed 0 times

  Very Definition of a Bubble On November 2, Credit Suisse CEO, Tidjane Thiam jumped on the bubble bandwagon with this statement: Bitcoin Is the ‘Very Definition’…

• Construction Spending Shows Serious Signs of Rolling Over

  Published 01 November 2017 | viewed 0 times

      Construction spending rose 0.3% in September vs an Econoday consensus of 0.0%. However, the Census Bureau revised August from a 0.5% gain to…

• How Much Gold Should the Common Man Own?

  Published 09 August 2017 | viewed 0 times

  Earlier today, I had the pleasure of discussing gold, equity valuations, bond bubbles, and inflation with Greg Hunter at USA Watchdog. In the interview, I mentioned the nearly…

• Explaining China’s “Import Surge” in Seven Pictures

  Published 08 June 2017 | viewed 0 times

  As a follow-up to China Exports, Imports Soar: Global Trade Outlook Improving? let’s investigate China’s “Import Surge” with a series of pictures. China Imports and…

• Investigating Curious Anomalies in GDPNow and Nowcast GDP Estimates

  Published 06 June 2017 | viewed 0 times

  As of last Friday, the Atlanta Fed GDFPNow model for the second-quarter GDP stood at 3.4%. In contrast, the FRBNY Nowcast report was 2.2%. This…

• First Quarter GDP Second Estimate 1.2 Percent: Mish vs. Consensus

  Published 29 May 2017 | viewed 0 times

  This Friday, the BEA revised its estimate of first-quarter GDP to 1.2% from 0.7%. The Econoday consensus estimate was 0.8%, in a range of 0.7%…

• 3% Growth? Really?!

  Published 24 May 2017 | viewed 0 times

  In Trump Plans to Slash Spending by $3.6 Trillion, Increase Military Spending, Balance the Budget in 10 Years I gave my three primary reasons 3% growth will be…

• America First Coming Up?

  Published 15 May 2017 | viewed 0 times

  Last week, in a rare bipartisan moment the Senate voted 82-14 confirming Robert Lighthizer as Trump’s U.S. Trade Representative. Three Republicans, ten Democrats, and independent…