Author: Mike Mish Shedlock

The Fed’s Beige Book says the overall economy expanded at a modest or moderate pace. Labor markets tightened.

As expected, a review of the Brexit doc that May signed shows the distinct possibility the UK could be trapped…

The Fed is expected to hike on Dec 18 and perhaps in Mar 2019. The rise in the 3-month yield…

The yield curve inverts when the Fed keeps hiking in the face of a slowdown.

Move over MAGA. Hello MARA as Trump reaffirms “I am a Tariff Man”.

Theresa May was held in contempt of Parliament for not releasing the full legal findings document on Brexit.

Emmanuel Macron Blinked. Gee, who coulda thought.

French president Emmanuel Macron delivered on his main campaign promises. Please consider what happened next.

I missed another inversion today. So did Bloomberg. A reader of mine caught it from a chart I posted.

The 5-year to the 3-year portion of the yield curve inverted today. Inversion is typically a prelude to recession.