Author : Mish Global Economic Trend Analysis

Factory orders rose last month for a change, but nearly all of it was due to transportation, especially aircraft orders that have a very long...

Fed governors sometimes tell the truth, but generally only after they leave office, and always after the damage has been done. In that regard, former...

Understanding the Construction RevisionsYesterday I commented Government "Processing Error" Sinks Housing Reports for Entire Year.In that report I stated 2015 GDP would be revised lower....

There are so many "temporary" border controls in the EU I have lost count. Fences, train checks, walls, payoffs to Turkey, pressure on Greece, are...

Huge "Processing Error" in Government Housing DataWhen I saw some of the upwardly revised GDP estimates in 2015 I thought they were too good to...

Huge "Processing Error" in Government Housing DataWhen I saw some of the upwardly revised GDP estimates in 2015 I thought they were too good to...

Curve watchers Anonymous has an eye on the yield curve. Here is a snapshot of year-end-closing values from 1998-12-31 through 2015-12-31.Yield Curve Year End Closing...