Mike Shedlock

Contributor since: 26 Feb 2010

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• Investigation of Bernanke's Proclaimed 'Success' of QE II at Lowering Rates

  Published 16 November 2010 | viewed 0 times

  Curve Watchers Anonymous is investing Bernanke's claim that QE II has already been a success at lowering treasury rates. Yield Curve as of 2010-11-16 Curve…

• Open Letter to Bernanke from 23 Economists Complaining About QE II; GOP Lawmakers Call for Abandoning $600 Billion Bond Purchase; Curtain of Idiocy

  Published 15 November 2010 | viewed 0 times

  Please consider this Open Letter to Ben Bernanke from 23 economists posted in the Wall Street Journal. We believe the Federal Reserve's large-scale asset purchase…

• 'Midas Crush' - MarketWatch Attempts to Explain 'Why Gold is a Bad Investment'

  Published 15 November 2010 | viewed 0 times

  Jonathan Burton at MarketWatch attempts to present a case Why gold is a bad investment. Gold isn't like a stock or a bond. It offers…

• Fed-Bashing Three Ways; Night of the Living Fed (A 2008 Claim)

  Published 11 November 2010 | viewed 0 times

  Beating up on the Fed used to make you an oddball. Does it still? That is the question Slate asks in Fed-Bashing Three Ways. According…

• Ceridian Report says 'Shipping Decline Signals Weaker Holiday Season'

  Published 09 November 2010 | viewed 0 times

  Phone and Email Interview with PCI Chief Economist Ed Leamer Last night I had the pleasure of speaking with Ed Leamer, chief PCI economist and…

• Revolutionizing House Monetary Policy; Balanced Budget Amendment Wins Backers; Plea to Republicans; Case for Compromise; Irony of Bernanke's QEII

  Published 08 November 2010 | viewed 0 times

  With Republicans taking control of the House, Ron Paul becomes the senior member on the Domestic Monetary Policy Subcommittee of the House Financial Services Committee.…

• South Korea, Hong Kong, Brazil, China, Volcker Complain about Bernanke's QE Policy

  Published 05 November 2010 | viewed 0 times

  A parade of countries have expressed grave concerns over the Fed's misguided Quantitative Easing policy. South Korea Aggressively Considers Curbing Capital Inflows On Wednesday South…

• QEII Announced, Fed Set to Buy $600 Billion in Bonds, Reinvest $250 Billion More; Fed Micromanaged Economy to Oblivion; No Miracles Coming

  Published 03 November 2010 | viewed 0 times

  As expected, the Fed announced a "modest" $600 billion second round of Quantitative Easing. Estimates rated as high as $2 trillion. Please consider the Fed's…

• Tax Avoidance by Google and Apple, Corporate Cash, Job Creation During Schumpeterian Depressions

  Published 01 November 2010 | viewed 0 times

  Reader Jack is interested in corporate cash levels, average hiring costs, and how many jobs corporations might create if they used 1/3 of their corporate…

• Money's Already Quite Cheap

  Published 31 October 2010 | viewed 0 times

  Quite often simple explanations are the best. There are dozens of reasons why another round of QE will fail, but much of comes down to…

• Double Dip Delayed, Not Derailed; Understanding Consumer Spending

  Published 29 October 2010 | viewed 0 times

  The BEA Advance GDP for Third Quarter 2010 came in at +2.0%. However, Table 2. Contributions to Percent Change in Real Gross Domestic Product shows…

• California Cut 37,000 Government Jobs in September; Much More to Come

  Published 24 October 2010 | viewed 0 times

  The LA Times reports Government job cuts ravage California Weighed down by a struggling economy, government agencies in California shed 37,300 workers last month --…

• Severe, Life-changing, and Consciousness-Altering State Budget Cuts Coming

  Published 21 October 2010 | viewed 0 times

  My friend "BC" pinged me with some interesting employment stats regarding the state of Oregon that apply in varying degrees to every state in the…

• Industrial Production Unexpectedly Declines, First Drop in a Year; Where to From Here?

  Published 18 October 2010 | viewed 0 times

  In yet another sign of a weakening economy, Production in U.S. Unexpectedly Dropped in September Output at factories, mines and utilities fell 0.2 percent, the…

• Gold Market on U.S. Elections: So What?

  Published 14 October 2010 | viewed 0 times

  Except on rare occasions I do not do guest posts on this blog. This is one of the exceptions. It is from my friend Charles…

• Emerging Market Economies Turn to Capital Controls; Forex Market in State of Disarray; Gold's Message; Life Imitates Art

  Published 13 October 2010 | viewed 0 times

  Emerging market economies are under increasing stress as a result of the horrendous economic policies of the Fed. In order to prevent unwanted strengthening of…

• Krugman and the Inevitable 'I Told You So' ...

  Published 12 October 2010 | viewed 0 times

  ... Tim Duy "Bad Things Happen When You Fight the Fed"; Final End of Bretton Woods 2? As predicted on numerous occasions, Paul Krugman is…

• Unclear Titles Will Sideline Buyers of Foreclosed Properties for Many Months

  Published 11 October 2010 | viewed 0 times

  Would you buy a foreclosed home now, knowing full well the title may be clouded by mortgage fraud? I wouldn't. Anyone who would without title…

• FDIC Authorizes $1 Billion Lawsuits Against Failed-Bank Executives; Token Search for Low-Profile Scapegoats

  Published 10 October 2010 | viewed 0 times

  The FDIC has only brought one case to date against executives of failed banks. Supposedly more charges are coming. Bloomberg reports FDIC May Seek $1…

• Economic Nonsense from Ezra Klein at the Washington Post

  Published 09 October 2010 | viewed 0 times

  The only genuinely good news in Friday's jobs report was the much needed shedding of 159,000 government workers of which only 77,000 were temporary census…