Mish Shedlock | TalkMarkets | Page 180
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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Third Quarter GDP 3.5%, Much Weaker Than It Looks: Inventory Adjustment 2.07%
The BEA reports the Gross Domestic Product, 3rd quarter 2018 (advance estimate) is 3.5%.
Final GDP Estimates For GDPNow And Nowcast Tick Lower
Early in the quarter, there was talk of a Trumpian 5% GDP in the third quarter. The low- to mid-3s is more likely.
Durable Goods Mirage: Good Headline Number, Very Poor Details
The Census Bureau's Durable Goods Report show orders rose 0.8%. The good news pretty much stops there.
Expect A "Lost Decade", Stock Market Rout "Only Just A Start"
October has been a terrible month for equities. Yet, this is only a start of what's to come.
Fool's Mission: Repercussions Mount But Trade War Really Just Starting
Once the midterm elections are out of the way, Trump really won't give a damn about much of anything up to the point his tariffs and Fed policy triggers a recession.
Thud! Sept New Home Sales Plunge 5.5% From Dramatically Revised Lower August
Today the New Residential Sales report shows August at 585,000 units and September at 553,000.
Dollar, Gold, Odds Of Recession? Numerous Things More Important Than Midterms
A lame duck session in Congress is coming up. It's not what Congress does that is meaningful, but rather what the ECB does, what Trump does with tariffs, what Trump does with Iran, and what the Fed does with interest rates that matters most.
Trump Promises Major Middle-Class Tax Cut By November: Not Going To Happen
Politically speaking, the last tax cuts were a public relations disaster. Trump is smart enough to recognize that.
China Builds Infrastructure, US Drops Bombs
China, despite all its progress, is still a command economy, led by de facto dictators.
"Ultra-FICO" To Boost Credit Scores Giving Millions More Access To Credit
Just as the economy is peaking, consumers with a low FICO could get a higher "UltraFICO", a new score that factors in bank-account activity as well as loan payments.
Theresa May's Brexit Dilemma: More Optimism In Brussels, Less In UK
The EU is holding out an olive branch to the UK, but it's poisoned with fears the Uk will be trapped in limbo forever.
Adding To Merkel's Woes: SPD's Collapse In Germany, Greens The New Left Darlings
Support for Merkel's coalition partner SPD is in a state of collapse. And it's not just a single poll.
Few Places To Hide: GMO Forecasts US Equity Losses For 7 Years
If you are looking for a place to hide, GMO (Jeremy Grantham et al.) forecasts cash and emerging markets.
GDPNow Forecast 3.9%, Nowcast 2.1%: What To Watch A Week From Now
The GDPNow forecast is much stronger than Nowcast. The BEA will report GDP on Oct 26. Watch real final sales. As has been typical for two quarters, there is a wide gap between the GDPNow forecast of 3.9% and the Nowcast forecast of 2.1%.
Forbes, Laffer Ask Trump For Zero Tariffs, Zero Subsidies, And Zero Barriers
The US should do this regardless of whether any other nation follows. Business and jobs will flock to the first nation that does so.
Existing Home Sales Drop 6th Consecutive Month
Existing home sales declined 3.4% in September. This was the 6th month and the 5th month below the consensus estimate.
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