Author: Mish

Wages and salaries are rising at the fastest rate in 10 years. Even still, the rate is only about 3%…

Nonfarm payrolls rose by 304,000 but employment fell by 251,000. The unemployment rate rose to 4.0% from 3.9%

The UK is at a crossroads. Fearmongering of “crashing” out of the EU is in play. The EU is playing…

I pick up many ideas off Twitter, some by following people I seldom agree with. Here are some recent Tweets…

Italy is back in recession. The pattern of weak growth ever since it joined the Eurozone is easy to spot.

Trump, he claims there will be a “complete” deal and a “very big” deal else Tariffs start on March 1.

Pending home sales in January plunged despite falling mortgage rates. The GDP report, due tomorrow will be delayed.

Foxconn already scaled back its Wisconsin plans and is about to do so again. US labor costs are too high.

The Fed will be patient. Gradual increases went out the window. Gee who coulda thunk?

The words for the day are “stay inside”. Record-breaking low temperatures are on the way.