Mish Shedlock | TalkMarkets | Page 171
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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Trump Still Proclaims "We Will Build The Wall"
You can agree with Trump on the need for a wall. But that does not matter at this stage. What does matter is Pelsoi won the fight.
GDPNow And Nowcast 4th-Quarter GDP Estimates Near Convergence: 2.7% Vs. 2.6%
One potential problem with both reports is lack of economic data. Thanks to the government shutdown, workers did not produce dozens of reports.
Tentative Deal Will Reopen Government For Three Weeks
Trump caved in for now. He again threatens to declare an emergency if he does not get a wall. Back pay for government workers is part of the deal.
Trade Talks "Miles And Miles" Apart, China Grants Ivanka Trump Five Trademarks
Somehow we are "miles and miles apart" with China when we have not even met the team of negotiators because Trump postponed meeting sooner, yet simultaneously, the "US is doing well" with a "fair chance" of a deal.
GDP Estimates Tumbling Due To Shutdown: Build A Wall And Crime Will Fall
As the shutdown lingers, GDP estimates for the first quarter keep dropping. Meanwhile, Trump has a new slogan.
Lawrence Yun Blames Mortgage Rates, Predicts 2019 "Housing Revival"
Existing home sales are about where they were in 1998 when mortgage rates were generally in the 6.5% to 7.5%. Today, 30-year fixed rates are under 4%.
Existing Home Sales Plunge 6.4%, Down 10.3% Y-O-Y, Worst Reading In Over 3 Years
Those who could not afford a house in late 2018, still will not be able to afford one.
China Pledges US Buying Spree To Reduce Trade Surplus With US To Zero By 2024
China pledges to buy over $1 trillion in US goods and services by 2024 to eliminate the trade gap with the US. But are these just empty promises?
Billionaire Sam Zell Buys Gold: Right Move, Wrong Reason
Investment guru Sam Zell is buying gold for the first time. Zell claims "Supply is shrinking." Zell is correct about capital, about new mines, and about gold being a hedge. Zell is wrong about supply
Musk Backslides On Profit Every Quarter Pledge, Will Cut 7% Of Workforce
It's a mystery why anyone believes anything Musk says.
Motor Vehicle Production Index Hits New Record High
Industrial production increased 0.3 percent in December after rising 0.4 percent in November. For the fourth quarter as a whole, total industrial production moved up at an annual rate of 3.8 percent.
UK Labour Leader Jeremy Corbyn Makes Fundamental Mistake
Corbyn made not one but two fundamental mistakes this week by ruling out a no-deal Brexit.
Trade Debate: US Mulls Lifting Sanctions On China To Hasten Deal, Calm Markets
A new tactic being debated within the Trump administration aims at giving Beijing incentives to make long-term concessions.
Eleven Economic Reports Delayed Due To Government Shutdown: Do We Even Need Them?
Government workers failed to produce at least three economic reports this week alone due to the shutdown. Other reports went missing in action last week.
No-Deal Brexit Odds Greater Than You May Think
May survived a vote of no confidence and the EU might extend Article 50, but only with conditions. Nothing's changed.
Tracking The Trade War: US Car Sales To China Down, Parts From China Up
Amid talk of the greatest trade deal ever, President Trump will likely sign a deal with China by March. It won't solve much if anything.
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