Mike Shedlock

Posted July 29, 2016

On Thursday the Census Department released its first Advance Economic Indicators Report. The new report adds wholesale and retail inventories to its existing International Trade in Goods report.

Posted July 28, 2016

This afternoon Fed chair Janet Yellen will be mindlessly yapping about things like uncertainty but also about the strengthening economy. Meanwhile, todays durable goods report should give her something to think about.

Posted July 27, 2016

New Home sales rose to a Seasonally Adjusted Annualized Rate (SAAR) of 592,000 vs. a Bloomberg Econoday consensus estimate of 562,000.

Posted July 26, 2016

What is Helicopter money? Can the Fed or ECB just drop money from the sky?

Posted July 22, 2016

Last week the ECB reported that its balance sheet Expanded by 11.26 billion to 3.249 trillion.

Posted July 21, 2016

Truck shipments were up in June from May. So were expenditures.

Posted July 19, 2016

In a recent GMO commentary on Immigration and Brexit, founder Jeremy Grantham laid out precise reasons why Brexit was a mathematical certainty eventually.

Posted July 13, 2016

Irelands GDP is up a stunning 26% this year via the ridiculous way GDP is measured.

Posted July 07, 2016

The divergence between the ISM non-manufacturing report and the PMI services report widened considerably today.

Posted July 06, 2016

Ole Hansen, head of commodity strategy for Saxo Bank says Chinese day traders are whats behind the limit move up on silver, Monday.

Posted July 05, 2016

Italian bank shares are down 56% this year.

Posted July 04, 2016

Despite the hoopla about the strongest first half in history, domestic auto sales have generally been heading south since September 2015.

Posted July 01, 2016

Voters are angry. Donald Trump, Marine Le Pen, Nigel Farage, UKIP, and the AfD party in Germany have all been accused of stirring up anger and hatred.

Posted June 29, 2016

The third estimate of first quarter GDP came in at +1.1%, revised up from the second estimate of +0.8%.

Posted June 28, 2016

The Markit Services PMI report shows service sector growth remains subdued in June. Data is from June 13 to 24.

Posted June 27, 2016

In the wake of the Brexit vote, two issues regarding Scotland h

Posted June 24, 2016

Inquiring minds may be interested in seeing how new home sales are reported and revised over time.

Posted June 23, 2016

ECB rules say QE bond purchases must be weighted according to size of the economy. That means German bonds are the preferred issue.

Posted June 21, 2016

Think recessions begin when GDP is negative? Think 2 quarters of negative growth are required to start a recession?

Posted June 16, 2016

Industrial production continues to put on a spectacular show in a negative sense. The index of industrial production is down yet again, this time by 0.4 percent vs. a Bloomberg Econoday consensus estimate of -0.1 percent. A steep drop in autos led the way.

TOWNHALL FINANCE DAILY

Get the best of Townhall Finance Daily delivered straight to your inbox

Follow Townhall Finance!


TOWNHALL MEDIA GROUP