Mike Shedlock

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.

Posted October 10, 2014

Panic is in the air in some places over the deadly ebola virus. Is the panic justified? Is there any cure? How deadly is ebola compared to other viruses? How many have died so far? What can be done to stop the spread?

Posted October 09, 2014

The IMF finally had a "duh" moment in what should have been obvious years ago. The IMF finally realizes that almost zero borrowing costs has encouraged speculation rather than a hoped-for pick up in investment.

Posted October 08, 2014

Inquiring minds may be interested in a set of charts that show trends in hours worked. The charts are as of the latest job numbers from Friday, October 3, 2014.

Posted October 07, 2014

Apparently there is never supposed to be a decline ever because with that trivial decline, Wall Street Declares All Clear for Junk Bonds.

Posted October 06, 2014

Catalonia is already a nation but the term has no "legal weight".

Posted October 05, 2014

The yield curve should be steepening, at least if one believes in the recovery. Let's take a look to see what is actually happening.

Posted October 04, 2014

The labor force fell by 97,000. Those not in the labor force increased by 315,000. This follows last month's increase of those not in the labor force of 268,000.

Posted October 03, 2014

The protest movement followed a controversial decision in which candidates for chief executive of Hong Kong in the 2017 elections be made by a committee, rather that a general election. Election by committee is billed as "election reform".

Posted October 02, 2014

Last month, ECB President pulled out a financial bazooka including a pledge to build up the ECB's balance sheet by another 1 trillion.

Posted October 01, 2014

Reader Mike wonders how interest can ever be repaid in a credit-based economy.

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