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Gold Shorts About to Get Burned
October 15, 2018 Off

Gold Shorts About to Get Burned

By Mike Mish Shedlock

The Gold COT report shows gold shorts piling on in addition to long liquidation. Meanwhile, the price of gold is…

September Retail Sales Fizzle: 0.1% Gain vs. 0.6% Expected
October 15, 2018 Off

September Retail Sales Fizzle: 0.1% Gain vs. 0.6% Expected

By Mike Mish Shedlock

Economists missed the mark badly on retail sales. They expected a 0.6% rise, not the feeble 0.1% reported.

Bavaria Final Math: Look for a CSU Plus Free Voters Coalition
October 15, 2018 Off

Bavaria Final Math: Look for a CSU Plus Free Voters Coalition

By Mike Mish Shedlock

The Bavaria Parliament has 192 seats. No, make that 200. Well, strike that, it’s 205.

A Teen’s Murder Inspired a Bill to End Road-Rage Shootings in Pennsylvania
October 15, 2018 Off

A Teen’s Murder Inspired a Bill to End Road-Rage Shootings in Pennsylvania

By Jennifer Mascia

This story was published in partnership with the Trace. Last month, a Pennsylvania state lawmaker seeking to reduce road rage…

Trump, Saudi Arabia Trade “Severe Punishment” Threats Over Missing Journalist
October 15, 2018 Off

Trump, Saudi Arabia Trade “Severe Punishment” Threats Over Missing Journalist

By Mike Mish Shedlock

Dissident Saudi journalist Jamal Khashoggi was last seen in the Saudi consulate in Istanbul on Oct 2. Threats are flying

Brexit Talks Paused Until Wednesday: Best Deal is No Deal
October 14, 2018 Off

Brexit Talks Paused Until Wednesday: Best Deal is No Deal

By Mike Mish Shedlock

Brexit Talks Paused. May needs to show a willingness to say to hell with it all.

Exit Polls Show CSU Suffers Worst Bavaria Result Since 1950, Greens and AfD Gain
October 14, 2018 Off

Exit Polls Show CSU Suffers Worst Bavaria Result Since 1950, Greens and AfD Gain

By Mike Mish Shedlock

CSU came in first place in Bavaria but it was a humiliating, worst-showing win since 1950. Greens came in 2nd.…

Seneca almost hits the mark on technological change
October 14, 2018 Off

Seneca almost hits the mark on technological change

By Brian

I saw a reference to Seneca while reading Let It Shine, a history of solar energy (more on the book…

Bavaria Election Sunday: Turbulent Times for Merkel, What to Expect
October 13, 2018 Off

Bavaria Election Sunday: Turbulent Times for Merkel, What to Expect

By Mike Mish Shedlock

A poor result for CSU could lead to CSU resignations or even a government collapse. Merkel might welcome the former.

GDPNow vs Nowcast Gap Widens Again, Huge GDPNow Inventory Contribution
October 13, 2018 Off

GDPNow vs Nowcast Gap Widens Again, Huge GDPNow Inventory Contribution

By Mike Mish Shedlock

The Atlanta Fed GDPNow Model Forecasts 4.2% GDP Growth. Nowcast is 2.3%. Inventories contribute 2.2 % to GDPNow.

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