Matthew Kerkhoff's picture

By Matthew Kerkhoff – Sometimes stock market rallies can be so powerful that you just have to grab ahold of something sturdy and hang on. Every once in a while, the upward surge can be so strong that it feels as though...

Michael Shedlock's picture

By Mish Shedlock – The California Department of Motor Vehicles is changing its rules to allow companies to test autonomous vehicles without a driver behind the wheel — and to let the public use autonomous vehicles. The DMV released a revised version...

Matthew Kerkhoff's picture

By Matthew Kerkhoff – What is the true state of the US economy? Let's look at the data, both positive and negative, to find out. Last month, according to preliminary estimates, the economy lost 33,000 more jobs than it created. This is rather remarkable, considering...

Michael Shedlock's picture

Millennials are now the largest age group but retailers and advertisers, in general, haven’t quite figured out how to reach them. Millennials are not as interested in drills, machine shop workbenches, gardening, and any number...

Adrian Ash's picture

By Adrian Ash – Gold and silver edged higher against a falling Dollar in Asian and London trade Monday, each gaining half-a-per-cent after traders in world No.1 consumer country China returned from national holidays.

Chris Puplava's picture

By Chris Puplava – Moves in the Japanese yen have been a reliable indicator for gold due to the effects of the yen carry trade. Given ultra-low interest rates in Japan, its currency has been the funding currency for global speculators who borrow in cheap yen...

Urban Carmel's picture

By Urban Carmel – The macro data from the past month continues to mostly point to positive growth. On balance, the evidence suggests the imminent onset of a recession is unlikely. The bond market agrees with...

Charles Hugh Smith's picture

By Charles Hugh Smith – What the Federal Reserve is actually whining about is not low inflation—it's that high inflation isn't pushing wages higher like it's supposed to. It's not exactly a secret that real-world inflation is a lot higher than the official rates...

Michael Shedlock's picture

By Michael Shedlock – Auto sales are running substantially above estimates according to Econoday. Apparently, economists did not see the restocking needed for many hundreds of thousands of autos ruined by hurricanes Harvey and Irma.

Adrian Ash's picture

By Adrian Ash – Gold prices fell to new 6-week lows in London trade Monday as the Dollar rose and world stock markets edged higher. The Euro slipped after Sunday's clashes with civil police in Spain's Catalonia region as...

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