Author: Mike Mish Shedlock

Germany is in a bind. It wants a tariff deal to save its car manufacturing. The rest of the EU…

Existing home sales declined for the third month, fourth year-over-year. May sales were revised lower.

In an unprecedented act of desperation, Tesla is asking for “meaningful” cash back, not on future orders but prior ones.

The commercial short positions in metal futures are decreasing. But what’s really going on?

Netflix’s debt is rising at an exponential rate. And not once since inception has it made a profit. This cannot…

Since 2008 the growth in global credit has been on the back of China. Real estate led the way. Now…

Daniel Lacalle takes Theresa May to the woodshed over her handling of Brexit. I agree with Lacalle on all but…

Economist Robert Shiller accurately describes why Trump tariffs are wrong, Then Shiller dives into deep silliness.

Nowcast had no reaction to 35 of 35 economic data points since June 19. GDPNow rose 0.7 PP since July…

Trump blasted the Fed, the EU, China today with threats to put tariffs on everything. China and the EU are…