Author: Mike Mish Shedlock

The SEC settled with Elon Musk on Saturday. Many questions remain. Profitability moves to the forefront.

In an EU survey, people voted overwhelmingly to kill the twice-yearly clock switching routine. The summer clock wins.

That pitiful look on Merkel’s face is not a plea to understand East Germans. It’s a plea for them to…

The 15-year average mortgage rate is 4.22%. The 30-year rate is 4.72%. These are the highest rates since early 2011.

GPD estimates generally tanked this week. Curiously, the Nowcast forecast rose. I can show why.

Italy’s 5-Star/League coalition seeks a 2.4% budget deficit including a guaranteed income provision. Brussels bristles.

Those looking for an explosion in either income and especially inflation did find what they were seeking in August.

After the EU rebuked Theresa May’s Chequers proposal, the chance of a hard Brexit rose sharply. The EU is now…

Tesla founder Elon Musk has been charged by the SEC with securities fraud. The SEC seeks to bar him from…

The census dept reports the trade deficit widened by 5.3% with ag exports down 9.5%. Trump was already annoyed.