Mike Shedlock

Contributor since: 26 Feb 2010

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• Is Obamacare Responsible for the Surge in Part-Time Jobs? What About Obama's Defense Layoff Suspensions?

  Published 09 October 2012 | viewed 0 times

  Following the surprise drop in the unemployment rate last Friday, I have seen many conspiracy charges leveled against the BLS. I do not believe any…

• About That 'Expected' Drop In Participation Rate

  Published 08 October 2012 | viewed 0 times

  Calculated Risk had an interesting but misleading post A decline in the participation rate was expected due to the aging population. This decline in the…

• 'Pigeon' Tax Protest Goes Viral in France

  Published 04 October 2012 | viewed 0 times

  I received an interesting email today from Andrea, who is from Italy but now lives in France. The email is about "pigeons", a movement started…

• Bernanke Begs Congress to Address 'Fiscal Cliff', Pledges to Hold Interest Rates Near Zero Through Mid-2015 Even If Economy Picks Up

  Published 01 October 2012 | viewed 0 times

  Fed Chairman Ben Bernanke was yapping about jobs today in his speech Five Questions about the Federal Reserve and Monetary Policy in Indianapolis. Bernanke asked…

• What If I Am Wrong About Europe?

  Published 01 October 2012 | viewed 0 times

  I have long stated the eurozone will breakup. Historically speaking, no currency union has ever survived in the absence of a political union. Moreover, in…

• China New Export New Orders Decline At Fastest Pace in 42 Months; China's Precarious Rebalancing Act

  Published 29 September 2012 | viewed 0 times

  HSBC China Manufacturing PMI™ shows Output falls at fastest pace since March. Key points New export orders fall at fastest rate in 42 months Output…

• Can the Fed Fight Droids and Win? Apple's SIRI, Driverless Trucks, What's Next? Riveting Video: Are Droids Taking Our Jobs?

  Published 29 September 2012 | viewed 0 times

  Today, a single farmer can produce as much goods as 100 farmers a half-century or less ago. That freed up labor for manufacturing and the…

• Thanks! (and a Reminder)

  Published 25 September 2012 | viewed 0 times

  As a result of a Facebook push late last week, the Les Turner ALS Foundation moved up 25 places from 100th place to 75th place…

• Bernanke Declares War on Canadian Economy (Rest of the World Too)

  Published 25 September 2012 | viewed 0 times

  The financial world cheered when Bernanke announced QE3 until it works (which is essentially forever, because it never will work). Bruce Stewart, writing for the…

• Eurozone Steepest Contraction Since June 2009; Unwarranted Hope and Reflections on Panic! Economists Can Neither Think Nor See

  Published 20 September 2012 | viewed 0 times

  The global recession which started in Europe, is strengthening led by further declines in the eurozone. Markit reports Eurozone sees steepest contraction since June 2009…

• QE to Infinity and Beyond; Mish for President?

  Published 19 September 2012 | viewed 0 times

  Once again I had the pleasure of being on Capital Account with Lauren Lyster on Tuesday. We discussed the election, my comments on "Mitt Romney's…

• ECRI's Lakshman Achuthan Says US in Recession Now; That Makes Three of Us

  Published 14 September 2012 | viewed 0 times

  Lakshman Achuthan, CEO of ECRI says the US recession started in June. Sept. 13 (Bloomberg) -- Lakshman Achuthan, chief operations officer of the Economic Cycle…

• Canadian Exports Collapse, Expect Plunge in GDP; China Factor; US Recession Factor

  Published 11 September 2012 | viewed 0 times

  All major Canadian exports including energy, autos, agriculture, forest products and machinery-and-equipment collapsed in the latest report. Canadian analysts are shocked by the news. I…

• University of Phoenix Tops Debt Slave Racket with 35,049 Student Loan Defaults (Top Public School has 786) ...

  Published 10 September 2012 | viewed 0 times

  ... Debt Slave Collection Business is Booming; Housing and Economic Implications Congratulations to the University of Phoenix, a private for-profit school, which has the dubious…

• Actual Constitutional Case Against OMT and ESM; Why Bond Buying Undermines Democracy; Is Draghi Above The Law?

  Published 10 September 2012 | viewed 0 times

  A post on the the Fibs and Waves blog by "Blankfeind" outlines the actual legal case against the OMT. I believe the case is rock…

• Plenty of Jobs if You are 'King of the Road'

  Published 09 September 2012 | viewed 0 times

  This post is about "Bobo". I wrote about Bobo before. He is in his early 50s, highly skilled, and willing to travel. In his latest…

• Facebook Users, I Have a Favor to Ask

  Published 08 September 2012 | viewed 0 times

  Chase is giving away $5 million to charity. Anyone with a Facebook account can vote for their favorite charity. This supersedes information I gave earlier…

• Attention JP Morgan Chase Customers and Credit Card Holders

  Published 06 September 2012 | viewed 0 times

  Attention JP Morgan Chase customers and those with Chase Credit cards. You have a splendid opportunity at zero cost to raise as much as $250,000…

• Central Bankers Fail to Understand Forces Holding Back the Economy; Ten Major Economic Headwinds

  Published 04 September 2012 | viewed 0 times

  Central bankers Debating the Limits of Power in Jackson Hole are wondering what's holding back the economy. "What is holding the economy back? Why is…

• Asia Export Machine Cracks Wide Open...

  Published 03 September 2012 | viewed 0 times

  ... South Korea Production Falls at Fastest Rate in Eight Months; Taiwan Exports Deteriorate Sharply; Global Recession Call Revisited It's not just Chinese manufacturers that…