Author: Mish

The NAR says existing home sales are down 2.2% from a year ago. The breakouts by price range do not…

NAR Chief Economist Lawrence Yun is scratching his head. He wonders why sales are weak. Duh?

Trump and Newt Gingrich are heaping praise on Boris Johnson, the new Prime Minister of Great Britain.

What would it take to un-invert the yield curve? The answer is not as simple as the math suggests.

The EU thinks there is an 80% chance of no deal. Yet, less than 50% of the UK thinks the…

The UK fell for a US trap when it seized an Iranian ship on July 4. Iran struck back last…

Sir Alan Duncan quit as foreign minister after bizarre plot to persuade the Queen to reject Boris Johnson as next…

The Fed meets on July 31 to make an interest rate policy decision. What should the Fed do?

As Jean-Claude Juncker and Angela Merkel sail off into the sunset, new faces take over. What does it mean?

Only 0.2 percentage points separate the GDPNow and Nowcast estimates for the 2nd quarter. But what about inventories?