Mish Shedlock | TalkMarkets | Page 153
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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CPI Supposedly Headed Nowhere, But Let's Dive Inside
In its foolish attempt to prevent routine CPI deflation, the Fed has sewn the seeds of a very deflationary asset bubble bust.
One Heck Of A Recession Party!
Stocks are on a tear. Celebrating rate cuts. With the rate cuts comes a recession. No recession? No more rate cuts.
Today's Brexit Non-News: The “Precious” Irish Backstop Must Be Defended
Ursula von der Leyen, the European Commission President candidate, says she will not reopen Brexit talks.
Powell Testifies To Congress: July Rate Cut Odds Jump
Odds of a 50 basis point cut jumped up to 27.6% following Fed Chair Jerome Powell's Semiannual Monetary Policy Report to the Congress.
Net Wealth Distribution: The Bottom 50% Have 1% Of The Wealth
Those in the bottom half have nothing. The top 10% have 70% of the wealth.
Zombification Perfected: Negative Yield Junk Bonds Take Hold In Europe
The number of negative-yield euro-denominated junk bonds reached fourteen, up from zero at the beginning of the year as the ECB prepares still more stimulus.
Recession Probability Charts: Current Odds About 33%
The New York Fed has the odds of a recession within the next year at 33%. Some of the other models are humorous.
Congratulations Debt Slaves! You Owe The Banks A New Record Amount Of Money
Today's G19 Fed report on Consumer Credit shows that you owe the banks and other creditors yet another record high amount of money.
Last Chance For Deutsche Bank As 18,000 Employees Face The Axe
Deutsche Bank plans to shrink itself into competitiveness by slashing 18,000 Jobs. It's do or die for the bank.
Pick And Go: Scanning No Longer Required, Supermarkets Swap Cashiers For Cameras
Tesco, one of the world’s largest supermarket operators, is testing cashierless stores that are solely dependent cameras.
More 737 Max Delays: Boeing's Corner Cutting Cost A Fortune And 346 Lives
The 737 Max may now be grounded for as much as a year. A new report assesses the corner cutting mistakes. But did Boeing really learn anything?
July Rate Cut Odds Still 100%
Despite today's jobs report, Implied July rate cuts odds are still 100% but a second cut is now priced out.
Job Growth +224,000 Tops Expectations, Wage Growth Disappoints
Jobs growth beat expectations of 165,000 but wage growth underperformed, rising 0.2% vs an expected 0.3%.
Bond Yields Plunge In Italy: Hello Christine Lagarde!
The ECB and EU elected to ignore Italy's debt and soon to be a monstrous deficit. Bond yields plunged.
Winner France: Germany's Time Has Come And Gone
It will no longer be a Franco-German axis stipulating European policy.
The Manufacturing Sector Is Rolling Over But Inventories Keep Piling Up
The monthly report on Manufacturers' Shipments, Inventories, and Orders, shows strong signs of a manufacturing sector that has peaked.
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