Mike Shedlock

Contributor since: 26 Feb 2010

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• Not Just Manufacturing: Strong Warning Services About to Stall

  Published 16 October 2015 | viewed 0 times

  Following a huge string of terrible manufacturing reports from nearly every Fed region, I received this headline report from the New York Fed: Regional Service…

• Can the Fed Really Print Money? What Would Negative Interest Rates Do?

  Published 16 October 2015 | viewed 0 times

  Most people believe the Fed can print money. Caught on tape, former Fed chair Ben Bernanke once admitted the Fed prints money. However, in Hoisington's…

• Wal-Mart Shares Plunge 10 Percent; Retail Price Wars On the Way? Capital Investment Financial Engineering

  Published 15 October 2015 | viewed 0 times

  Wal-Mart Shares plunged 10% Wednesday on profit warnings, the biggest one day decline in 25 years. The company blamed higher wages, e-commerce competition, and lower…

• Rate Hike Odds For March 2016, Fall Below 50%; GDP Forecast Slips to 0.9%

  Published 14 October 2015 | viewed 0 times

  3rd Quarter GDP Forecast Slips to 0.9% Following today's retail and business sales reports, the Atlanta Fed GDPNow Forecast for third quarter GDP slipped 0.1…

• Hooray! Huge Rent Hikes Coming; How Will It Affect Price Inflation?

  Published 13 October 2015 | viewed 0 times

  In news that is bound to make the inflationists at the Fed as well as property owners happy, Landlords Will Hike Rents by 8% this…

• Hillary Clinton, Dead Rats, Toilet Paper Politics

  Published 12 October 2015 | viewed 0 times

  To some, TPP stands for Trans Pacific Partnership (an alleged free trade agreement). To me it's synonymous with toilet paper, with a dangling P at…

• IMF Fears $3 Trillion Credit Crunch; Lagarde Says 'IMF Credibility at Stake', Calls for US to Give China More Voting Power

  Published 12 October 2015 | viewed 0 times

  IMF head Christine Lagarde says "IMF credibility is at stake". She blames the US for that development, and calls on US to give more voting…

• TPP and Free Trade Canadian Style

  Published 11 October 2015 | viewed 0 times

  As I have commented before alleged "free trade" agreements are anything but. We now have confirmation from Canada as to what it took for other…

• Tantalizing Stupidity and the Case for Gold

  Published 11 October 2015 | viewed 0 times

  Financial Repression Insanity Purportedly the Fed is ready willing and able to go to next step of financial repression insanity: Negative Interest Rates. Federal Reserve…

• High-End Property Slowdown in Maryland and Texas: Where Next?

  Published 10 October 2015 | viewed 0 times

  In response to Chicago Suburbs $1 Million+ Home Sales "Not Totally Dead" Yet; Rush for the Exit, I received emails from Maryland and Texas about…

• Chicago Suburbs $1 Million+ Home Sales 'Not Totally Dead' Yet; Rush for the Exit

  Published 08 October 2015 | viewed 0 times

  "Not Totally Dead" Yet In the Chicago suburbs of Burr Ridge, Naperville, and Hinsdale, sales of high-end real estate hit a huge slump this summer…

• Global PEs and Price-to-Book Valuations; Bubble Debate Revisited

  Published 08 October 2015 | viewed 0 times

  In JP Morgan's Quarterly Market Guide a pair of charts on page 31 caught my eye. Forward PE Estimates Larger Image I don't have any…

• Economists Chase Tails and Tales, Cut GDP Estimates Again

  Published 06 October 2015 | viewed 0 times

  Tail Chase In the wake of recent economic data, economists at the IMF and Deutsche Bank lowered their growth estimates. IMF Cuts Forecast Again Like…

• Stand!

  Published 06 October 2015 | viewed 0 times

  Reader Dean emailed me today in response to a couple of recent articles I wrote regarding US policy in Syria. Dean disagreed with the tone…

• Why Are Mules Stubborn? Why Can't Blind Jackasses See?

  Published 05 October 2015 | viewed 0 times

  Here's my theoretical question for the day: Why are mules stubborn, and why can't blind jackasses see? I ask that question in regards to a…

• Fraudulent Medicare, Medicaid, EITC, Tax Refunds, etc. Total $1 Trillion Since 2003

  Published 04 October 2015 | viewed 0 times

  A huge chunk of your tax dollars every year goes straight into the pockets of crooks. Nearly one in three earned income credits (EIC) is…

• Hikes Keep On Slippin', Slippin', Slipin' Into the Future; Treasury Yields Sink Again

  Published 02 October 2015 | viewed 0 times

  Treasury Yields Drop Again Curve Watcher's Anonymous notes a further plunge in yields today following the disastrous payroll and factory order reports. Yield on the…

• Factory Orders Hit the Skids, Last Month Revised Lower, Shipments Down 4th Time in 5 Months

  Published 02 October 2015 | viewed 0 times

  On top of today's disastrous jobs report, comes still more weakness in the factory sector. The US Census Bureau report on Manufacturers' Shipments, Inventories, and…

• Three Month Treasury Yields Turn Negative; Long End Flattening; Economy Strengthening or Recession Warning?

  Published 01 October 2015 | viewed 0 times

  Curve Watcher's Anonymous points out 3-month treasury yields dipped briefly negative on several days recently. Yield on the 3-month bond was negative again today. Here…

• Obama's 'Model for US' Plant Moves to Canada; Mish's Model vs. Obama's Model

  Published 01 October 2015 | viewed 0 times

  Last year, president Obama visited GE's 106-year-old Waukesha, Wisconsin plant. At the plant, GE builds large piston engines for power and oilfield use that run…