Mike Shedlock

Posted April 29, 2016

In Thursdays FOMC statement, the Fed made some useless noise about closely monitoring inflation.

Posted April 28, 2016

Those who thought the situation in Greece was solved after prime minister Alexis Tsipras suddenly caved in to creditors demands need think again.

Posted April 26, 2016

New home sales fell in March for the third consecutive month. Sales in the first quarter are up just 1.3% from the same quarter in 2015.

Posted April 25, 2016

Its rather amusing that Japan cannot destroy its currency even though it has tried, and tried and tried.

Posted April 22, 2016

Since 1st quarter of 2014, Ubers percentage of ground transportation business booked on Certify, the second-largest provider of expense software in North America, has soared from under 10% to 43%.

Posted April 21, 2016

Existing home sales bounced 5.1% from Februarys steep decline of 7.3%, originally reported as -7.1%.

Posted April 20, 2016

The Atlanta Fed GDPNow Forecast remained at +0.3% following recent economic reports.

Posted April 19, 2016

The Cass Freight Index, a Measure of North American Freight Volumes is up for the month of March but down once again on a year-over-year basis.

Posted April 15, 2016

Flation remains one of the key debates of the day.

Posted April 14, 2016

In the wake of dismal retail sales numbers for March and inventories for February, the Atlanta Fed GDPNow Forecast rose to 0.2 percentage points to +0.3%.

Posted April 13, 2016

Italian banks have 360 Billion in non-performing loans. They have another Thanks to 180 Billion or so in troubled loans that are late just some of the time.

Posted April 12, 2016

There will not be a recession any time soon. I can cite ten reasons why.

Posted April 11, 2016

Wholesale inventories plunged 5% in the Census Bureau Wholesale Trade Report for February, released Friday.

Posted April 08, 2016

Those betting against Goldman Sachs retail investment advice have generally been on the right side of things.

Posted April 07, 2016

Heres the interesting set of questions from the Mish Mailbag summarized as follows: How Accurate and at What Cost is BLS Data? Why isnt there a private industry alternative?

Posted April 06, 2016

Following another set of weak economic reports, the Atlanta Fed GDPNow Modelfor first quarter US GDP sank 0.3 percentage points to 0.4%.

Posted April 05, 2016

Factory orders dove 1.7% in February as reported today by the US Census Bureau.

Posted April 01, 2016

How many P/E ratios are there? Let me count the ways.

Posted March 30, 2016

Despite overwhelming fears of deflation in Japan by economists, by the Bank of Japan, and by prime minister Shinz Abe, all of the preceding forgot to get the opinion of consumers.

Posted March 29, 2016

Those trumping up the notion consumer spending would pick up in the first quarter were in for a surprise today.

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