Author: Mike Mish Shedlock

Alibaba smashed its Singles Day sales record on Sunday with $30.8 billion in sales, over $1 billion in the first…

A reader makes the case for gross mismanagement. Does that excuse gross insensitivity?

Southern California fires force evacuation of Malibu. Trump calls “gross mismanagement”, and threatens to cut funds.

Trump blasted French French President Emmanuel Macron in a Tweet for Macron’s “insulting” reasons for wanting an army.

Expect homelessness to rise in San Francisco as a result of the city’s passage of a homeless tax.

There are more than 50 million vacant homes in China. An amazing 69% of recent purchases are second or third…

Democrats gain ground in Arizona, Florida, and Georgia. Sinema ahead in Arizona. Fraud charges come from both sides.

A growing number of companies are complaining about Trump’s tariffs. Nancy Pelosi is as clueless as Trump.

As expected, the Fed did nothing at today’s FOMC meeting. A hike is on the way in December.

Earlier today, Italy told the EU where to go with it budget demands. Expect the EU to huff and puff.