Author: Mike Mish Shedlock

Brexit Talks Paused. May needs to show a willingness to say to hell with it all.

CSU came in first place in Bavaria but it was a humiliating, worst-showing win since 1950. Greens came in 2nd.…

A poor result for CSU could lead to CSU resignations or even a government collapse. Merkel might welcome the former.

The Atlanta Fed GDPNow Model Forecasts 4.2% GDP Growth. Nowcast is 2.3%. Inventories contribute 2.2 % to GDPNow.

Kanye West Embraces Trump in Oval Office, gives a profanity-laced speech on 40 topics that leaves Trump speechless.

EU ministers agreed to binding cuts in CO2 emissions of 35% by 2030. The German auto industry won’t be able…

The BLS says the energy index declined 0.5 percent in September, but the price of crude rose. Overall the CPI…

The yield curve has steepened considerably in the past month. Some think it means recession risk has diminished.

Import prices jumped 0.5% while export prices were flat. The inflation hawks will yap. So will Trump about soybeans.

Hurricane Michael destroyed entire towns. The electric grid won’t need to be restored, it will need to be rebuilt.