Author : Mish Global Economic Trend Analysis

The perpetual optimists who month after month believe a manufacturing recovery is at hand are wrong once again.The Econoday Consensus Estimate called for a bit...

Chinese manufacturers see further deterioration in business conditions, down 10 consecutive months as noted in the latest Caixin China General Manufacturing PMI release. Operating conditions...

In an irrational attempt to sponsor inflation, the Swedish central bank, Riksbank, slashed interest rates to -0.35% and conducted several rounds of QE. Those misguided...

Core Capital Spending Down Every Month Since JanuaryYear-over-year core capital spending by manufacturers has been in negative territory for the last 10 months. Core capital...

Reflections on "The Big Short"I have not yet seen "The Big Short" movie. Everyone tells me it was excellent. I intend to see it, but...

Saudi Arabia executed 47 people today in the biggest mass execution since 1980. Those executed include Sheikh Nimr al-Nimr, a prominent Shi'ite Muslim cleric. Some...

In the wake of terrorist activity in Europe and mass shootings in San Bernardino, Calif., that left 14 people dead and 22 wounded, some may...

In California, citizens can propose a referendum on anything if they gather enough signatures. John Cox, a wealthy attorney who made a fortune to real...

I have a watchful eye on initial unemployment claims. They have been trending higher (unexpectedly of course) since mid-October.Initial Claims 2015Econoday economists were surprised by...

The Unexpected Strikes Chicago Again It was another disastrous month for the Chicago PMI. Economists expected a bounce back from last month's unexpected dip into...