Mike Shedlock

Contributor since: 26 Feb 2010

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• Case Shiller CPI At Negative 5.1%

  Published 04 October 2009 | viewed 3,444 times

  Case-Shiller CPI is formulated by substituting the Case-Shiller housing index for Owner's Equivalent Rent in the CPI. For a complete description of the reasons and…

• Huge Downward Jobs Revisions Coming

  Published 02 October 2009 | viewed 3,928 times

  Once again today's job numbers show Collectively, Economists Are A Perpetually Optimistic Lot. Payrolls were expected to drop 175,000, the median of 84 estimates in…

• Reflections on the Unexpected Negative Surprise in Chicago Purchasing Index PMI

  Published 30 September 2009 | viewed 3,708 times

  With each passing day the number of people that think the bottom is in, earnings will keep improving, and even a correction is unthinkable keeps…

• Daniel Amerman vs. Mish: Reflections on the Great Inflation/Deflation Debate

  Published 26 September 2009 | viewed 4,202 times

  Last week I was in an inflation vs. deflation debate on Financial Sense with Daniel Amerman. The debate was moderated by Jim Puplava. It is…

• Strategic Default Data Suggests Foreclosure Prevention Tactics Useless

  Published 19 September 2009 | viewed 3,901 times

  An interesting report in the Los Angeles Times shows that a person with super-prime credit scores is more likely to walk away from an underwater…

• Yellen Calls For "U" Shaped Recession and Another Jobless Recovery

  Published 15 September 2009 | viewed 3,257 times

  One thing I like about Janet Yellen is that unlike Bernanke and Greenspan, she speaks understandable English and is not prone to sugar coating everything.…

• Ghost Fleets and Protectionism

  Published 14 September 2009 | viewed 4,301 times

  The Mail Online has some stunning images of The ghost fleet of the recession. The biggest and most secretive gathering of ships in maritime history…

• One Sixth Of All Construction Loans In Trouble

  Published 05 September 2009 | viewed 4,824 times

  The New York Times has an interesting article about construction loans that Inquiring minds will want to read. Please consider Construction Loans Falter, a Bad…

• Greater Than One in Four FDIC Insured Institutions are Unprofitable; Bank Problem List at 15 Year High

  Published 28 August 2009 | viewed 2,661 times

  The second quarter 2009 Quarterly Banking Profile has some interesting charts and facts that inquiring minds will be interested in. Insured Institution Performance Higher Loss…

• Fed's Dual Mandate Is Mission Impossible

  Published 27 August 2009 | viewed 2,511 times

  While market participants are giddy with thoughts of a V-Shaped Recovery, and Bernanke is taking victory laps celebrating Orwellian Madness "We Saved The World" other…

• Collapse Of The "Ownership Society"

  Published 16 August 2009 | viewed 4,192 times

  Bush's "ownership society" has collapsed under the dead weight of debt. There is too much debt and too little income to support it. Please consider…

• Government Bailouts and the Stock Market - The Seen and the Unseen

  Published 11 August 2009 | viewed 3,552 times

  Inquiring minds are reading Cash for Clunkers Is Just a Broken Windshield by Caroline Baum. It's the best trashing to date of the "cash for…

• U.S. Home Vacancies Hit 18.7 Million; Whats the Real Story?

  Published 24 July 2009 | viewed 4,641 times

  Bloomberg is reporting U.S. Home Vacancies Hit 18.7 Million on Bank Seizures. More than 18.7 million homes stood empty in the U.S. during the second…

• For One-Third of US, Frugality is the "New Normal"

  Published 22 July 2009 | viewed 3,589 times

  A Gallop Poll of Americans' future spending trends show One-Third Still Set on Spending Less. Here are the results of the question: If spending more…

• Health Care Bill Will Raise Taxes, Then Raise Them Again

  Published 12 July 2009 | viewed 3,004 times

  A revolt by "blue-dog" supposedly fiscal-conservative Democrats threatened to wreck Obama's health care package. The "solution" was to raise taxes and if that does not…

• Geithner Lies Again as PPIP Prepares for Launch

  Published 08 July 2009 | viewed 4,205 times

  Geithner is back at it, and this time it appears the PPIP will manage to launch, mysteriously without PIMCO as noticed by Calculated Risk. Please…

• Senator Shelby Calls Fed's Expertise "Grossly Inflated" as Geithner Attempts to Defends the Indefensible

  Published 18 June 2009 | viewed 4,224 times

  Like every bloated bureaucracy, the Fed wants still more power. Secretary of Treasury Tim Geithner, a former Fed Governor, is all too happy to give…

• Lack of Transparency in Fed Balance Sheet and Liquidity Programs

  Published 11 June 2009 | viewed 3,261 times

  Inquiring minds are investigating statements made by Ben Bernanke regarding Federal Reserve Credit and Liquidity Programs. "The Federal Reserve strongly believes in transparency as a…

• Kennedys Healthcare Bill Will Increase Expenses, Decrease Employment and Encourage Outsourcing

  Published 08 June 2009 | viewed 3,025 times

  Ted Kennedy believes everyone should have a plethora of good options on healthcare. However, other than raising taxes on businesses, Kennedy refuses to say how…

• Mortgage Meltdown, More Pain To Come

  Published 31 May 2009 | viewed 4,753 times

  T2 Partners has a phenomenal series of charts on the housing crisis stating Why There Is More Pain To Come. The report is 69 pages…