Author: Mike Mish Shedlock

Bloomberg offers one of the funniest articles I have seen in a long time. I’m not sure it was supposed…

The migration problem in the EU is unsolvable. Competing political positions explain why.

GDPNow estimates second-quarter GDP at 4.7%. The FRBNY Nowcast estimates 3.9%. Why the discrepancy?

Trump seeks to bring jobs to the US via tariffs. It’s backfiring.

Merkel met with EU leaders this weekend to discuss migration. After agreeing to agree, Italy disrupted the summit.

John Hussman makes comments on parabolic charts in general, and Bitcoin specifically.

How closely does the price of gold follow the Committment of Traders (COT) report?

In Trump’s global trade war, the latest US casualties are whiskey, cranberry, nail, and lobster industries. Autos too.

Brad Setser and David Rosenberg each discuss the “nuclear” option of China dumping treasuries in a trade war escalation.

Mainstream media is all aglow over the alleged end of the Greek economic crisis. Mainstream media is wrong.