Mike Shedlock

Contributor since: 26 Feb 2010

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• Corporate Hiring No Longer Improving; Americans Less Optimistic

  Published 04 August 2010 | viewed 0 times

  Corporate hiring has been in a weak but generally improving condition from January through June according to a Gallup Poll. That positive trend is now…

• Readers Chime in on Union Productivity

  Published 02 August 2010 | viewed 0 times

  I received several interesting responses to Blog Wars? No, Hopefully Not - Just Temporary Insanity at Naked Capitalism Regarding Unions. Laurent who is from Europe…

• Should China Dump Dollars for Commodities?

  Published 30 July 2010 | viewed 0 times

  What about the "Nuclear Option" of Dumping Treasuries? Can Global Trade Collapse? Every time there is a little blip by China in its purchasing or…

• Bernanke Says Economic Outlook is 'Unusually Uncertain', Fed Prepared for 'Actions as Needed'

  Published 21 July 2010 | viewed 0 times

  Be prepared for Quantitative Easing Round 2 (QE2) and/or other misguided Fed policy decisions because Bernanke Says Fed Ready to Take Action. Treasuries rose, pushing…

• Five Reasons for Nonsensical Forward Earnings Estimates

  Published 19 July 2010 | viewed 0 times

  Forward S&P 500 earnings estimates are outrageously optimistic as noted in Hussman on Misallocating Resources, Market Valuations, Earnings Estimates, and Public Policy. The above link…

• Roubini Ponders the 'L-Shaped Recession'

  Published 18 July 2010 | viewed 0 times

  Nouriel Roubini appears to be sticking with his "U-Shaped Recession" call, at least for now. However, his stance seems much more cautious than before. Please…

• Teenagers Scared Over Plight of their Parents; Attitudes - Bernanke's Biggest, Most Futile Fight

  Published 30 June 2010 | viewed 0 times

  Here is a comment I want to share from someone who posts under the name "Nancy Drew" on this blog. Nancy Drew writes ... Our…

• The Economist 'Rising Government Debt is a Ponzi Scheme'

  Published 28 June 2010 | viewed 0 times

  I am always pleasantly surprised when I find a mainstream media article that displays a healthy dose of common sense when it comes to fiscal…

• States Take Aim at Pension Costs ...

  Published 20 June 2010 | viewed 0 times

  Public Employee Unions on the Defensive; Chris Christie's Freight Train; No One Wants to be Christie's Next Piñata States are beginning to do something about…

• China Plays Obama like Violin on Yuan Exchange Rate

  Published 19 June 2010 | viewed 0 times

  You have to hand it to China for the way it played Obama like a violin. On Thursday and Friday China Warned Against Finger-Pointing while…

• Texas Sales Tax Collections Stagnating

  Published 11 June 2010 | viewed 0 times

  Before I believe any stories about improving retail sales, I want to see it in actual sales tax collections. Same store sales are one thing,…

• Bernanke says 'Gold Acting Differently than Rest of Commodities Group' - I Agree; New Mortgage Applications at 13-Year Low

  Published 10 June 2010 | viewed 0 times

  It's not often I agree with Ben Bernanke, but this time, in regards to gold, I do. Please consider Bernanke Says Gold, Commodities Conflict on…

• MasterCard Study Says Consumer Spending Has Taken A Break

  Published 03 June 2010 | viewed 0 times

  Michael McNamara, Vice President, Research and Analysis for SpendingPulse, observes Consumer Takes a Respite as Spending in Many Sectors Declines. The momentum in consumer spending…

• Czech Republic President says 'The Euro Zone Has Failed'

  Published 01 June 2010 | viewed 0 times

  Has the Euro Zone "project" been a success or a failure? Václav Klaus, president of Czech Republic makes a solid case 'The Euro Zone Has…

• Social Unrest Spreads to Slovenia and Spain; Images Around the Globe; US Not Immune to Protests

  Published 23 May 2010 | viewed 0 times

  The wave of social unrest is spreading. A new round of protests has hit Spain with a public sector strike set for June 8. In…

• Shock and Awe Phase II

  Published 18 May 2010 | viewed 0 times

  Germany to Ban Naked Short-Selling at Midnight; Politicians Battle Markets; Short Selling Restrictions and Market Crashes Shock and Awe I worked so "well" that it's…

• Email From Canada: It's Different Up Here - It Really Is!

  Published 16 May 2010 | viewed 0 times

  In response to Canada's Household Debt Reaches Record $42,000 a Person I received an email from Paul Kilby of Canada (city unknown), who thinks it's…

• Ron Paul Says It's NOT Too Late To Call Your Senator

  Published 11 May 2010 | viewed 0 times

  Sanders Wimps Out; Paul Backs the Vitter amendment The New American says $Trillion Bailout of Euro, Greece Shows Need to Audit the Fed The timing…

• 'We Will Defend the Euro, Whatever it Takes' Says EC President

  Published 08 May 2010 | viewed 0 times

  Neither Speculators nor Goldman Sachs to Blame; What is the EU Really Defending? EU finance ministers are meeting this weekend in a mad race to…

• America is Wall Street's Sucker

  Published 07 May 2010 | viewed 0 times

  Rep. Alan Grayson: You Own the Red Roof Inn, Thanks to the Fed; Why the Fed Does Not Want an Audit; America is Wall Street's…