Site Contributions: Mike "Mish" Shedlock
Showing 1 - 30 of 30 - Newest on top
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12/07/12 - Small Business Owners' Hiring Intent Plunges to 2008 Lows
Don't Blame Sandy or Fiscal Cliff A Gallup random dial poll of 607 small businesses conducted November 12-16 2012 asked the question " Over the next 12 months, do you expect ... |
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11/30/12 - New Meaning for 'Voluntary' and Bond Buyback Balancing Act
It is a deep stretch of the imagination to twist arms and appeal to "patriotic duty" in an effort to coerce someone to do something they really do not want to, then call the ... |
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11/23/12 - Doorsteps of a Currency Crisis
Economic Illiterates Debate Monetary Policy; Monetarist Mush Japan's grand experiment of decades-long QE coupled with Keynesian foolishness is about to take one last gigantic ... |
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11/16/12 - Good News: EU Budget Talks Collapse
France Rejects Compromise; Still Time to Snatch Defeat From Jaws of Victory I have a bit of good news today. The efforts of European Council president Herman Van Rompuy to ... |
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11/09/12 - Explosion in Uncovered Employment During the Recovery
Covered employment is the set of working employees that have unemployment benefits. Self-employed persons such as myself have to pay into state unemployment insurance programs ... |
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11/02/12 - 'Deposit Wars' an Act of Desperation by Spanish Banks
Acts of Desperation Looking for the next major thing in Spain to blow sky high? I have a strong candidate in mind. Bank deposits are down 154 billion euros this year and banks ... |
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10/26/12 - Fed and ECB Smokescreens to Print Money
Fresh on the heels of ECB president Mario Draghi's Lies In Defense Bond Purchases, Including a Warning of Deflation [below] comes news of an unexpected rise in Eurozone price ... |
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10/19/12 - Problem is Demand: First IBM, then Intel, now Google
Three technology bellwethers missed income or revenue expectations in the past few days. Let's take a quick look at IBM (IBM), Intel (INTC), and Google (GOOG). IBM TechCrunch ... |
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10/12/12 - Greece Still the Word, Time Still Money
Battle of Bailouts; Coca Cola, Greece's Biggest Company Leaves Germany and the IMF, which in recent past seemed ambivalent at best to keeping Greece in the eurozone, are ... |
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10/05/12 - Reflections on Economic Warfare
Hyperinflation Hits Iran; Monthly 70% Inflation Rate The oil embargo against Iran has worked, assuming one defines "work" as a destruction of the Iranian rial, which has fallen ... |
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09/28/12 - Is China Burning?
Shanghai Stock Index Breaks 2000 For First Time Since 2009; Reflections on Sentiment Today [Sept. 26] the Shanghai stock index, $SSEC, dipped below the 2000 level for the first ... |
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09/21/12 - Economists Can Neither Think Nor See
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 ... |
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09/14/12 - Desperation Bazooka Tactics; Gold Soars Following Huge Headfake
The Fed came out blazing today with desperation bazooka tactics, not that it will matter one iota to jobs or housing (because it won't). Specifically, the Fed announced it ... |
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09/07/12 - Babyboomers and Strategic Defaults: A Demographic Study
Why did people walk away? Did they struggle with morality? Would they recommend walking away to others? Jon Maddux, CEO of You Walk Away, sent me a slide show of their recent ... |
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08/31/12 - Japan Manufacturing PMI Hits 16 Month Low, New Orders Plunge
Markit reports Japan Manufacturing PMI Hits 16 Month Low Key Points: Output and new orders down at accelerated rates Near-stagnation of employment Purchasing costs fall to ... |
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08/24/12 - Fed to Deliver More Stimulus "Fairly Soon"
How Much Stimulus Does It Take? 'Sell the News' Event Coming Up Soon? Analysts poring over the July 31 - August 1, 2012 Fed Minutes quickly honed in on the following paragraph. ... |
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08/17/12 - Labor Department $100 Million Giveaway to Stop State Layoffs
$100 million sounds like a lot of money but it does not go very far these days. It is less than .01% of the deficit. The problem with such thinking is government programs start ... |
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08/03/12 - Expect the Unexpected
US Factory Orders "Unexpectedly" Decline; US Car Sales "Unexpectedly" Decline; Expect the Unexpected The words for the day once again are "unexpectedly declined". I have a ... |
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07/27/12 - Results, Results, Results
The word of the day today quite obviously is "results." When the second-in-command of top-ranking eurocrats threatens Greece with expulsion unless results are produced, it's ... |
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07/20/12 - S&P Revises Pennsylvania's Outlook to Negative
As part of a growing trend, Compton, California is on the verge of bankruptcy. When it files (and it will eventually), it will become California's fourth city to do so. The ... |
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07/13/12 - Can Bernanke Force Banks to Lend by Halting Interest on Excess Reserves?
Several readers have asked me to comment on a King World interview of Michael Pento . Before I offer my comments on Pento's thoughts, let me say upfront that Eric King is ... |
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07/06/12 - Global Uncoordinated Panic
Panic and more news ... In a 45-Minute Salvo Thursday, the ECB cuts rates to a record low 0.75 percent and reduced the deposit rate to zero. Meanwhile, the People's Bank of ... |
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06/29/12 - EU News ...
Laughable Text of EU "Memorandum of Understanding"; ESM Not Been Ratified Yet Already Requires Changes; How Much ESM Firepower Is There? Futures are flying over a ... |
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06/22/12 - German Supreme Court Delays ESM
Another Setback for Merkel; Creeping Bailouts; Reflections on German Expectations Reader "Bert" from Germany writes ... Hello Mish The German Supreme Court asked the president ... |
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06/15/12 - Any Rabbits Left in the Hat?
Inquiring minds are poring over the ESM Treaty to see how it is supposed to work in theory, assuming it will be ratified by counties with the required 90% of EMU voting rights. ... |
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06/09/12 - Hollande About to Wreck France?
Hollande About to Wreck France With Economically Insane Proposal: "Make Layoffs So Expensive For Companies That It's Not Worth It" Unemployment in France touched 10.2% in ... |
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06/01/12 - Hyperbolic Selloff Coming?
Hyperbolic Selloff Coming? IMF Discusses Spanish Contingency Plans; Madrid Denies Plans; Hispabonos Dropped From Cabinet Discussion The latest word of the day is the already ... |
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05/26/12 - What if Tsipras is Not Bluffing?
What if Tsipras is Not Bluffing? Who Holds the Upper hand? What is Troika's Biggest Fear? Can Greece Possibly Stay in the Eurozone After Default? I have read countless articles ... |
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05/25/12 - Japanese Debt Downgraded by Fitch; No Urgency for Japan (Until Sudden Panic Hits)
With Japan's public debt about to hit 240% of GDP, Fitch Downgrades Japan's Sovereign Rating . The ratings agency Fitch on Tuesday lowered its assessment of Japan's sovereign ... |
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05/06/12 - Mish Shedlock on the Rise of Money Metals, the Fall of the West ... and Why Credit Matters
The Daily Bell is pleased to present this exclusive interview with Mish Shedlock. Introduction: Mike "Mish" Shedlock blogs at Mish's Global Economic Trend Analysis, for ... |
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