Author: Mish

From 1970 to present let’s investigate how gold reacted to various interest rate environments.

An Illinois pension plan just pulled a billion dollars from an underperforming value fund to seek better returns.

California gives a green light to companies testing driverless delivery vehicles, including pizza.

China is fighting “abnormal” cash flows. It’s not surprising in the least.

Trump passed a budget that will increase the deficit to a trillion dollars. His supporters cheer.

Economists expected a 1.5% rise in durable goods orders. Instead they fell 2.0% on top of a negative revision.

New home sales rose 1.3% in November but only because of huge downward revisions.

Gold is not as correlated to the US dollar as most think.

A Stanford University professor says the world can go totally green by spending $73 trillion.

Parents, beware the Alexa trap.