Author: Mish

Existing home were better than expected in August. NAR Chief Economist Lawrence Yun credits falling interest rates.

The latest UK polls place the Liberal Democrats ahead of labour. It’s not all what it seems.

Bitcoin has been consolidating for months. Generally, and technically speaking, this suggests a big move is coming.

Some interpreted Powell’s statement to mean more QE. There’s a strong clue Powell meant something else. OK, but ….

The Fed’s view of where interest rates are headed in 2019 are quite different from market expectations.

The Fed cut interest rates 25 basis point to a target of 1.75% to 2.00%. There were three dissents.

Likely spurred on by falling interest rates, housing stats and permits jumped in August.

As details emerge in the New York Times Kavanaugh scandal, it’s very clear the NYT repeatedly made serious errors

Almost 50,000 UAW workers went on strike over the weekend. The sides are far apart according to some reports.

Traditional retailers are getting killed by online shopping, especially Amazon. Five charts tell the story.