Mike Shedlock

Posted October 30, 2014

Not only do robots cost less than humans, they don't complain, they speak multiple languages, and most importantly, by scanning aisles they know where every item is in the store and can take you straight to it.

Posted October 29, 2014

Households in blue markets tend to have higher incomes. But those higher incomes are not enough to offset higher home prices.

Posted October 28, 2014

In an effort to fool the public into believing the latest round of bank stress tests were actually designed to find stress, the ECB found 25 scapegoats, with the biggest losers in Italy and Greece.

Posted October 27, 2014

Reader Bran who lives in Spain sent some interesting charts of population, expected population growth, the world's largest cites, and what people do for a living. I don't have links for the charts, but most show the origin.

Posted October 26, 2014

Home sales are down 11% this year, but that may not last long if September is any indication. Then again, the easing of restrictions may have suckered in the last remaining greater fools.

Posted October 25, 2014

Japan piled on debt, built bridges to nowhere, and engaged in other wasteful spending, all of which made matters worse. Taking on debt to fight deflation is insane. Yet that is exactly what France and Italy want now!

Posted October 24, 2014

For now, it's still a tale of two Europes. Germany (and some smaller Northern European countries) vs. everyone else. Such divergences will not last forever.

Posted October 23, 2014

A 30% net income decline for McDonald's is quite startling to most. I wonder why such a decline took so long. In response to that pathetic performance, McDonalds Vows Fresh Thinking.

Posted October 22, 2014

A recession in Germany is a given, but when? Its export model has held up better than I expected given a clear slowdown in the global economy.

Posted October 21, 2014

In yet another potential market topping sign, M&A Deals Fail At Highest Rate Since 2008

Posted October 20, 2014

I read a comment that airlines are being greedy. How so? Airlines are not in position to ban flights from specific countries for medical reasons.

Posted October 19, 2014

The privacy pendulum has not budged an inch in the right direction. Not one new privacy law has been passed or even discussed.

Posted October 18, 2014

In response to Obama's Lame Response to Ebola; No Protocols but Lots of Fearmongering one person responded that I was "over-cooking the Ebola crisis"...

Posted October 17, 2014

Fewer stores means less construction and less hiring. The former is transitory, the latter more lasting. If this is the trend at Wal-Mart, can Target and other retailers be that far behind?

Posted October 16, 2014

The Empire State Manufacturing Survey (a diffusion index) hit a multiyear high last month, then promptly crashed this month.

Posted October 15, 2014

Support for UKIP (United Kingdom Independence Party) hit a record high 25% following recent elections that gave UKIP its first ever seat in the British parliament.

Posted October 14, 2014

Is the end of US dollar hegemony at hand? Inquiring minds may be asking that question given Chinas Zhou Says Some Countries Using Yuan in Reserves.

Posted October 13, 2014

A movie on how and why Snowden revealed NSA wiretaps is about to be released.

Posted October 12, 2014

Airport official say the robot will be compliment, not replace, human workers.

Posted October 11, 2014

The ongoing effort to replace human workers with robots took an interesting turn today as Indianapolis Airport Unveils Roaming Customer Service Robot on Wheels.