Author: Mish

Polls have mostly stabilized since the end of October. On average, Labour has lost a percentage point.

Pope Francis is fed up with deniers, so much so he is on the verge of declaring a new sin.

The alleged star witnesses in the impeachment proceedings have turned into ashes.

GDP Estimates are well below 1.0% following industrial production and retail sales estimates.

Industrial production was down 0.8% in October with Manufacturing down 0.6%. Motor vehicles were down a whopping 7.1%.

The quarterly report on household debt shows another record high. Delinquencies are up strongly as well.

The Cass Freight Index once again warns again of economic contraction.

At the semi-annual Congressional economic testimony, Fed Chair Jerome Powell was singing the praises of the US economy.

The BLS released its measure of the CPI today. The Atlanta Fed also released its “Sticky Price” CPI. Let’s analyze.

Bolivia’s President Evo Morales was ousted in a coup. What happened?