Author : Mish Global Economic Trend Analysis

Congress has done such a beautiful job handling the fiscal cliff and debt ceiling that president Obama felt it mandatory to issue an Executive Order...

Inquiring minds are noting the expected (at least in this corner) collapse in European retail sales as measured by PMI indices. The spotlight for this...

Darlene Love - Christmas (Baby Please Come Home) - Live on David Letterman - 2012 Link if video does not play: Darlene Love on Letterman...

Bloomberg reports BOJ Holdings of JGBs Exceed 100 Trillion Yen for First Time The Bank of Japan holdings of the government’s bonds exceeded 100 trillion...

It was bound to happen. Analysts are bitching the fiscal cliff is holding back retail spending. Please consider "Fiscal cliff" spooks shoppers in last lap...

Lacking Republican support, House speaker John Boehner scraps Fiscal Cliff Plan "B", not that it ever had a chance in the first place. Representative Rob...

House speaker John Boehner made an incremental move in Obama's direction in regards to tax hikes. Specifically, Boehner offered to raise income tax rates on...

Courtesy of the Weekly Standard, please check out the following union thuggery: Pro-Union Activist Threatens the Michigan Governor: 'We'll Be at Your Daughter's Soccer Game'...

A week ago in Startling Look at Job Demographics by Age I posted the following chart  made with data that I downloaded from the St....

It's better to receive median welfare than median income according to a US Senate budget committee report Total Welfare Spending Equates To $168 Per Day...