Mike Shedlock

Contributor since: 26 Feb 2010

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• Trends in Full and Part-Time Employment; Obamacare Job Double Counting and Other Economic Distortions

  Published 08 July 2013 | viewed 0 times

  Reader Tim Wallace provided another excellent series of charts on the employment situation. These charts compare June employment in 2013 to June in prior years.…

• MBS Clobbered and Treasury Yields Soar Following Purportedly Good Job Numbers

  Published 05 July 2013 | viewed 0 times

  Curve Watchers Anonymous notes that treasury yields surged higher and mortgage backed securities (MBS) had a steep selloff following purportedly good job numbers. Beneath the…

• Big Brother Francais; Don't Worry It's Only 'Alegal'; Mish Defiines 'Alegal'

  Published 05 July 2013 | viewed 0 times

  It did not take too long to discover that France operates its own "Big Brother" network gathering systems after demanding explanations from the US. The…

• Ritholz on Gold and on Making Predictions; How Secular Bull Markets End; Winning vs. Investing

  Published 02 July 2013 | viewed 0 times

  Folly of Forecasting Inquiring minds may be interested in this flashback from Barry Ritholtz originally written published June 2005 and republished March 27th, 2011 on…

• Bill Gross Discusses the "Tipping Point" For Bonds; Does He Miss the Boat?

  Published 29 June 2013 | viewed 0 times

  Bill Gross did not see this major selloff in bonds coming. He discusses the setup in his recent Investment Outlook called The Tipping Point. Much…

• Calmer Waters for the Bond Market? Gold? Worst Over?

  Published 28 June 2013 | viewed 0 times

  Curve Watchers Anonymous has its eyes on the bond market as the quarter comes to a close today. It's been a very bad stretch for…

• Plague of Gold Bears Now Say 'Gold Unsafe at Any Price'; What's the Real Long-Term Driver for Gold?

  Published 26 June 2013 | viewed 0 times

  Over the past week I received numerous emails regarding my June 13 post Mish Buys a Basket of Miners. People want to know if I…

• China Acts to Calm Markets; Stock Market Rebounds From 6% Plunge After Central Bank Pledges More Liquidity; Wet Nurse Action

  Published 25 June 2013 | viewed 0 times

  In the past few week, China intraday lending rates as measured by SHIBOR got as high as 25% (See China Cash Crunch: 1-Day Interest Rate…

• How Currency Wars End: Violence Erupts in Brazil, Fatalities Reported; One Million Protest

  Published 21 June 2013 | viewed 0 times

  The flareup in Brazil erupted in violence overnight as millions protested corruption, inflation, bus fares and a seemingly growing list of items. Unsurprisingly, the Brazilian…

• European Car Sales Hit 20-Year Low; Don't Worry, Things Have Stabilized

  Published 19 June 2013 | viewed 0 times

  NPR reports European Car Sales Hit 20-Year Low For May. Country by Country Details Passenger car sales dropped by 5.9% from May 2012 in the…

• Mish Buys a Basket of Miners

  Published 14 June 2013 | viewed 0 times

  Most of my investment funds are under management at Sitka Pacific. I also have investments with GoldMoney and some other assets from my late wife…

• IRS Refunds $4 Billion Child Tax Credits Per Year to Illegal Immigrants Whose Kids Do Not Live in US (and May Not Exist at All)...

  Published 13 June 2013 | viewed 0 times

  ...Earned Income Fraud Another $13 Billion Here's an interesting video that came my way yesterday from a close friend. The video highlights a news investigation…

• Fierce Selloff in Emerging Market Currencies; India Intervenes to Stop Plunge in Rupee ...

  Published 12 June 2013 | viewed 0 times

  ... Brazil Steps Up Real Intervention; Root Cause of Crisis It's hard not to laugh at the irony of recent central bank currency actions. After…

• Fear of Missing Out Sparks Covenant Light Lending; 'Return of the Silly Season'

  Published 10 June 2013 | viewed 0 times

  With the Fed forcing interest rates low, commercial and industrial lending has picked up. That may sound like a good thing, but is it? I…

• Chinese Economy Grows at Slowest Pace in 13 Years; What's Next for China?

  Published 10 June 2013 | viewed 0 times

  Inquiring minds note the growth slowdown in China: China's economy stumbles in May, growth seen sliding in Q2. China's economy grew at its slowest pace…

• Nouriel Roubini Seriously Misguided on Gold, on Equities, on Economic Growth, on Money

  Published 06 June 2013 | viewed 0 times

  I just finished reading Nouriel Roubini's seven point analysis on the Bursting of the Gold Bubble in which Roubini's asks and answer the question "Gold…

• First Quarter Hourly Compensation Plunges 3.8%, Most on Record; Manufacturing Hourly Compensation Plunges 6.9%; What's Going On?

  Published 05 June 2013 | viewed 0 times

  Inquiring minds are digging into the stunningly bad Quarter-Over-Quarter decline in wages and real wages across all sectors as noted in the Revised First Quarter…

• Fed Policies and Obama Programs Exacerbate Credit Crunch to Small Businesses

  Published 04 June 2013 | viewed 0 times

  The Fed believes that holding interest rates low fosters business growth, hiring, and bank lending? So why isn't that happening? I have discussed many reasons,…

• Huge Miss in May ISM; Manufacturing Now in Contraction; What the Numbers Mean

  Published 03 June 2013 | viewed 0 times

  US Manufacturing as measured by the May 2013 Manufacturing ISM Report On Business® is treading water barely above contraction. Economic activity in the manufacturing sector…

• Intellectual Dishonesty and Insanity on Steroids

  Published 31 May 2013 | viewed 0 times

  I just finished reading The Smith/Klein/Kalecki Theory of Austerity by Paul Krugman and I believe it is the most disingenuous piece he has ever written.…