Mike Shedlock

Contributor since: 26 Feb 2010

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• How To Protect Yourself From Collapse of the Faith-Based Financial System

  Published 11 July 2012 | viewed 0 times

  With the LIBOR manipulation scandal and the collapse of commodity brokers MF Global and PFG Best, what is the average investor to do? Lauren Lyster…

• Case for US and Global Recession Right Here, Right Now; Recognizing the Limits of Madness; Permabears?

  Published 11 July 2012 | viewed 0 times

  There is a big difference between making a claim the economy is in recession from a claim the economy is headed for one. Case for…

• Global Collapse In Auto Sales Coming Up

  Published 09 July 2012 | viewed 0 times

  In response to my post Plunging New Orders Suggest Global Recession Has Arrived I received a couple of interesting emails from readers, one from the…

• Trends in Duration of U.S. Unemployment

  Published 08 July 2012 | viewed 0 times

  Duration of Unemployment by Percentage: 5 Weeks and Under, 15 Weeks and Over, 27 Weeks and Over Quick Figures In June of 1983, the percentage…

• Finland Threatens to Leave Euro Rather Than Pay Debts of Others; Eight Things To Remember

  Published 06 July 2012 | viewed 0 times

  The Independent reports Finland warns of euro exit rather than pay debts of others FINLAND would consider leaving the eurozone rather than paying the debts…

• German Central Bank Head Warns Merkel on Repeated Weakening of Positions; Third Front Against Merkel

  Published 06 July 2012 | viewed 0 times

  Chancellor Angela Merkel is now under pressure from a third front, this time, from Jens Weidmann, president of the Bundesbank (Germany's Central Bank). The Financial…

• Global Uncoordinated Panic ...

  Published 05 July 2012 | viewed 0 times

  ... ECB Cuts Rates to Record Low, Deposit Rate to Zero; Bond Market Response Was 'Not Enough'; Words 'Heightened Uncertainty' Explained Global Uncoordinated Panic In…

• US Manufacturing ISM Contracts for First Time in Three Years...

  Published 02 July 2012 | viewed 0 times

  ...New Orders and Prices Plunge; Perfect Miss: 0 of 70 Economists Polled By Bloomberg Expected Contraction US Manufacturing contracted this month as reported in the…

• Email From Lead Analyst at EIA on Petroleum Usage

  Published 01 July 2012 | viewed 0 times

  In response to my post 3-Month Petroleum Usage Chart for March, April, May Shows 14 Years of Supply Demand Growth has Vanished (with charts from…

• Time-Lapse Interactive Graph Shows Stunning Rise in Anti-Euro Sentiment in Italy

  Published 29 June 2012 | viewed 0 times

  The rise of the Five Star Movement in Italy is the number one happening in Europe right now and mainstream media has not even begun…

• Obamacare Upheld; What Should Romney, Republicans Do?

  Published 28 June 2012 | viewed 0 times

  Today the Supreme Court ruled in favor of Obamacare by a 5-4 margin. Here is the Full Text of the Supreme Court Ruling. Romney has…

• Stockton CA Bankrupt; Unions (Not Housing Bust) Primarily to Blame; Pension Death Trap for Cities; What's the Solution?

  Published 27 June 2012 | viewed 0 times

  The city of Stockton, California, is Bankrupt. It has stopped making bond payments and will become the largest city in the US to seek protection…

• Monti Lashes out at Germany; Merkel Hardens Position; Reader from Italy Explains Why Early Elections Might Lead to 'Deadlock'

  Published 27 June 2012 | viewed 0 times

  Merkel Hardens Position The EU summit is a day away and pre-summit bickering is so intense that it will be difficult if not impossible to…

• Zero Hedge Provides Empirical Proof of Deflation (However, He Does Not Even Realize It)

  Published 26 June 2012 | viewed 0 times

  Zero Hedge, citing a Federal Reserve Bank of New York report on Shadow Banking, makes (without even realizing it) a sure-fire case for deflation. I…

• Is There a Limit on Central Bank's Ability to Inflate?

  Published 25 June 2012 | viewed 0 times

  On Friday, ECB President Mario Draghi announced ECB to Accept BBB- Rated Debt (One Step Above Junk) as Collateral. Reaction from the German central bank…

• Three Key Reasons Housing Not Coming Back: Demographics, Student Debt, No Jobs

  Published 23 June 2012 | viewed 0 times

  Consumers Not Ready to Borrow Again Ben Bernanke is trying like mad to stimulate credit and lending but to no avail. It's an uphill debt…

• Italy 'Gasping Like Beached Whale' ...

  Published 22 June 2012 | viewed 0 times

  Berlusconi Reiterates Euro Exit "Not Blasphemy"; Beppe Grillo Discusses "Taboo of the Euro" On June 1, former Italian Prime Minister Silvio Berlusconi said "Italy should…

• German Supreme Court Delays ESM; Another Setback for Merkel; Creeping Bailouts; Reflections on German Expectations

  Published 22 June 2012 | viewed 0 times

  Reader "Bert" from Germany writes ... Hello Mish The German Supreme Court asked the president to delay signing the ESM. This is unprecedented. The court…

• 12 Reasons US Recession Has Arrived (Or Will Shortly)

  Published 21 June 2012 | viewed 0 times

  I am amused by the Shadow Weekly Leading Index Project which claims the probability of recession is 31%. I think it is much higher. When…

• European Crisis Summit Score 0-18 With Another Coming Up June 28

  Published 20 June 2012 | viewed 0 times

  Is Merkel Misinterpreted? Will the FOMC Move Decisively? Steen Jakobsen, chief economist of Saxo Bank in Denmark, asks via email: "Is Merkel Misinterpreted? Will the…