Mish Shedlock | TalkMarkets | Page 149
Investment Advisor Representative - Sitka Pacific Capital Management
Mike Mish Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit Sitka Pacifics Investment Management Page to learn more ...more

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"Financial Vandalism" Of Low And Negative-Yield Bonds Wreck Pension Plans
Unnaturally low and negative yield bond yields are wrecking pension plans. Negative yields constitute fraud, theft, or counterfeiting, and negative yields can never occur in the absence of manipulation.
Consumer Sentiment Lowest Since 2012, Consumer Confidence Highest Since 2000
The University of Michigan Consumer Sentiment Index took a plunge Friday. The Conference Board's measure is at highs.
Personal Income Up 0.1%, Spending Up 0.6%: What's The Problem?
The BEA's Personal Income and Outlays report for July 2019 shows consumers keep spending well beyond income increases.
Lagarde Praises Negative Rates, Study Shows They Reduce Lending
Negative interest rates unquestionably hurt EU banks and there is no evidence of Lagarde's proposed counter-benefits. A European banking crisis awaits.
Consumer Spending Propping Up GDP: How Long Can This Go On?
Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the second quarter of 2019 according to the "Second" Estimate released by the Bureau of Economic Analysis.
Italian Gov't Idea: Let's Try Another Oil-Water Combo To See If It Works Better
The Italian president meets with the Five Star Movement (M5S) and the Democratic Party (PD) hoping to form a government.
Trump’s Reelection A "Threat To The U.S. And Global Economy"
History shows that when governments take over monetary policy, hyperinflation is frequently the result.
BIS Study Concludes Cutting Interest Rates To Zero May Not Be Necessary
A BIS study on the Effective Lower Bound of Interest rates suggests central banks can do other things than slash rates.
Mortgage Defaults Rise First Time Since Financial Crisis But Refi Surge Likely
The Black Knight Mortgage Monitor shows the first annual rise in defaults since the crisis.
Yield Curve Screams "Recession" As Trade War Picks Up Steam
Futures pick up where they left off Friday with equity prices and bond yields lower.
Death Of The Hybrid Vehicle: GM And Volkswagen Say Goodbye
Only 3% of sales are hybrids. Why bother? With that hard to fault logic, GM and Volkswagen pulled the plug on hybrid vehicles. Ford and Toyota didn't.
Would You Rather Have A Dollar Today Or 89 Cents Ten Years From Now?
On August 16, the yield on the Swiss 10-year bond fell to -1.132%. Consider the implications. Someone "investing" in Swiss government bonds rates will get back about 89 cents, ten years from now, for every dollar invested today.
Trump Retaliates With Tariffs On All Goods From China, Much At 30%
In a major escalation of the trade war, Trump lashed out at China.
Trump Says "We Don't Need China" Then "Orders" Businesses To Find Alternative
Trade and currency wars took another huge leap forward just one day after another oft-repeated message that a deal with China is coming.
Negative Yield Curves To Infinity And A Reader Question Regarding Fraud
The entire German yield curve is negative for 30 years. Japan is poised to join the club.
Fed Baby Steps Coming: What's Powell Up To?
The odds of a double rate cut in September plunged from 40% recently to 31% last week then to 0% today.
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