Mike Shedlock

Posted September 16, 2014

A Barclays' survey of over 2,000 individuals with a net worth over $1.5 billion contains some pretty interesting results.

Posted September 15, 2014

In a Scottish Poll Roundup one new poll over the weekend shows the "Yes" vote with a substantial 54-46 lead, but most polls show the "No" vote with a tiny lead.

Posted September 14, 2014

Malinvestment is already rampant. Additional stimulus now to meet arbitrary growth targets will cause a crash later.

Posted September 13, 2014

Fearmongering in Scotland hits fever pitch as RBS and four other banks threaten to leave the country if Scotland votes "Yes" for independence.

Posted September 12, 2014

A recent poll showed support for a "Yes" vote for Scotland independence went into the lead for the first time, overcoming a 20 percentage-point deficit.

Posted September 11, 2014

Venezuela has nice oil reserves but the government is spending more cash than it receives from pumping oil. Investors are finally starting to realize Venezuela may run out of money and will be forced to default on bonds.

Posted September 10, 2014

A chart of hours worked shows the average work week has returned to pre-recession levels.

Posted September 09, 2014

The tit-for-tat sanction madness in Europe took a huge leap forward today with new sanctions in the work on Russian energy companies.

Posted September 08, 2014

Her father, Jean-Marie Le Pen once shocked France by taking Front National to round two in the 2002 election, but was defeated by incumbent president Jacques Chirac who obtained 82% of the votes.

Posted September 07, 2014

"The global financial system is certain to face a full blown banking crisis. We don't know when there will be a global banking crisis and how it will play out, but it is certain there will be one."

Posted September 06, 2014

The payroll survey shows a net gain of 162,000 jobs vs. an expectation of 230,000 jobs. This broke a six-month string of +200,000 jobs. Digging into the details, things look far worse.

Posted September 05, 2014

Voters disagree with Obama on every aspect of immigration, even to the point of asking for a Congressional challenge in court should the president act alone. Will this stop Obama?

Posted September 04, 2014

The economy is is getting better for some, but more say it's getting worse. In aggregate, people do not buy this recovery talk. Should they?

Posted September 03, 2014

It is amusing reading day in and day out the Keynesian cure for what ails Europe, especially France.

Posted September 02, 2014

Ireland, Spain, and the Netherlands cannot sustain a eurozone recovery. A recession in Germany is on the way, and will take the rest of Europe along for the ride.

Posted September 01, 2014

Contrary to popular belief, inflation will not spur consumer spending. Nor will inflation create any jobs or cause wage inflation.

Posted August 31, 2014

Obamacare greatly expanded Medicaid coverage, but there is a hidden gotcha that may come back and haunt your heirs for benefits you receive from age 55-64.

Posted August 30, 2014

Mainstream media headlines in the last two days offer an amusing look at GDP forecasts.

Posted August 29, 2014

Every day, the cost of a plane ticket out of Venezuela goes up. That assumes you can get a plane ticket, and you probably cannot, even if you booked three months ago.

Posted August 28, 2014

If Nicholas Sarkozy won the last presidential election instead of Francois Hollande, there would be no investigation. Is Lagarde guilty of anything?

TOWNHALL FINANCE DAILY

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

Follow Townhall Finance!