Author : Mish Global Economic Trend Analysis

Economic reports will commence in just a bit. First things first. Merry Christmas!Mike "Mish" ShedlockMike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific...

Self-driving cars are the wave of the future, sooner, not later. The trend is now impossible to deny. The only question that remains pertains to...

Double NormalChristmas is just over a day away. Package delivery is at record volumes. Does that portend a huge Christmas shopping season? Before addressing that...

Being the persistent optimist, I try to look on the bright side of things. Today, lets investigate the "positive side of negativity" as pertains to...

In the wake of recent data, the 4th quarter GDPNow Forecast dipped to 1.3% from 1.9% on December 16.From the Atlanta Fed: "After yesterday's third-quarter...

November new home sales came at a seasonally adjusted annualized rate (SAAR) of 490,000 vs. an economic consensus of 503,000. Worse yet, October's big gain...

Over a million refugees have made their way to Europe this year. Every country is complaining now, even Germany. So why isn't anything concrete being...

A resurgence of the Taliban in Afghanistan highlights another miserable failure of the Obama administration as well as another broken promise.Taliban Poised to Retake SanginThe...

Existing homes sales plunged 10.5% this month which the NAR attributes to an initiative called "Know Before You Owe". Economists, apparently unaware of "Know Before...

Reshoring Over Before It Ever Got GoingRecall the hype over reshoring? Manufacturing jobs supposedly were returning to the US in droves from Asia. My view...