Author: Mike Mish Shedlock

China “only” had 6.5% growth, missing targets. I wonder if growth is really closer to 3%

Italy, on the Euro, has a currency that is 9% too high. Germany, on the Euro, has a currency that…

Mario Draghi warns “Undermining EU budget rules carries high price for all”. Italian bond yields surged.

There has been a lot of commentaries recently about the steepening yield curve. Let’s investigate with pictures.

The US says China is on the monitor list as are 5 other countries. Trump’s Tariffs attack a symptom, not…

As expected, the Fed signaled gradual rate hikes are coming.

Starts, permits, and completions are down across the board as home buying continues to weaken.

Tether is a crypto, supposedly pegged to the dollar. On Oct 14, it fell to $0.86. Long-standing concerns surfaced again.

Too Much Debt: Financial helpline counselors are at capacity as record numbers of older Australians struggle in poverty.

People are leaving LA, Chicago, New York, Miami, D.C. and San Jose, in droves, for places with cheaper housing.