Author: Mish

Durable goods orders jumped 0.6% in October thanks to a surge in defense spending.

I am in awe at how little extra yield investors are willing to take for junk bonds vs AAA-rated Bonds.

The Wall Street Journal proposes “Reluctance to Switch Jobs” explains wages. But the Atlanta Fed Macroblog says, nope.

In a round one victory for Trump, the US Supreme Court suspended a House subpoena regarding Trump’s finances.

Sales jumped to the highest level since October 2007.

Recent polls show a big uptrend in Tory support in greater London, a traditional Labour stronghold.

Minneapolis Fed President Neel Kashkari hired an Obama economic advisor to help the Fed fight income inequality.

Bitcoin fell below the $7,000 mark on Sunday for the first time since May.

Michael Bloomberg officially announced his intention today to run for President as a Democrat.

BMG was the last pollster holdout with a sub-10% Tory lead. BMG now has a 13% Tory lead, up from…