Author: Mike Mish Shedlock

Bitcoin extends losses following the hack of the South Korean crypto exchange Coinrail.

The G7 communique is out. Trump will not sign it. Instead, he blasted Trudeau.

Trump threatens to stop trading with nations at the G7 conference because the US is being robbed.

The Tesla S competitor from Porsche carries the name “Taycan”, pronounced “Tie- Con”.

Three tire-cord manufacturers got a push-back in their effort to win trade exclusions from Trump. They threaten closure.

The notion there is a trust fund is ludicrous but let’s look at this story through the eyes of a…

The average size of a loan for a new car in the U.S. set a record in the first quarter…

Analysts expected a rebound in German industrial orders. Instead, orders fell a steep 2.5%

McDonald’s president sent an email to all US employees announcing corporate job cuts. Wall Street is Happy.

In conversations with friends, one thought the current political scene was like the prelude to WWII. Another said WWI.