Mike 'Mish' Shedlock Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance, low volatility, regardless of market direction. He has a global economics blog which has commentary 7-10 times a week, and is a "professor" on Minyanville. Mike does weekly live radio on KFNX, the Charles Goyette show every Wednesday. When not writing about stocks or the economy he spends a great deal of time on photography. He has over 80 magazine and book cover credits. Some of his Wisconsin and gardening images can be seen at Michaelshedlock.com.
By Michael Shedlock – How does the yield curve invert? Jim Bianco at Bianco Research says "Inside Out". This is a guest post by Jim Bianco. I dispense with block quotes. The end of the article will be clear.
By Michael Shedlock – Brad Setser and David Rosenberg each discuss the "nuclear" option of China dumping treasuries in a trade war escalation. Since there is no longer any reasonable debate about a trade war has started...
By Michael Shedlock – The BIS blasts cryptos over scaling issues, energy, and trust. The BIS is correct. Cryptos are fatally flawed as money. A Bank of International Settlements (BIS) report examines cryptocurrencies in depth.
By Michael Shedlock – How many hikes can the Fed get in this year? The Fed estimate is two more. Mortgage rates rose on the news. Mortgage News Daily reports Mortgage Rates Higher Following Fed Forecasts.
By Michael Shedlock – The average size of a loan for a new car in the US set a record in the first quarter as did the average payment. Database firm Experian notes US Monthly Auto Payments Reach Record High in First Quarter.
By Michael Shedlock – The race is on to perfect quantum computing. It will make your bank passwords and all existing security methods useless. The Hutch Report has a fascinating 44-page PDF on Quantum Computing.
By Michael Shedlock – A McKinsey study addresses the "productivity puzzle". However, there is no puzzle and there never was a puzzle. Inquiring minds are diving into the McKinsey study on Solving the Productivity Puzzle.
Every month, pundits comment on average wages. But median wages best explain how the Fed's policies crucify workers. The meme of the day is wage growth is accelerating. I disputed that notion on February 7 in...
By Michael Shedlock – After a 25-year wait, China is about to trade Yuan Oil Futures. Expect to see and hear a lot of hype over this event. Don't be silly. For starters, it is meaningless what oil is priced in. It makes no difference...
By Michael Shedlock – As minimum wages rise, so does the push to get rid of workers. Leonard Comma, CEO of Jack-in-the-Box says the company is considering swapping some cashiers for self-ordering kiosks. "