Mish Shedlock | TalkMarkets | Page 200
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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Fed Hikes Again, Modifies Accommodation Language, Plans On 2 More Hikes In 2018
The Fed hiked rates to a range of 1.75% to 2.00% as unanimously expected.
Congratulations Workers! You Make A Penny More Per Hour Than Last Month
The average worker makes a penny more per hour than last month in real terms. The year-over-year gain is precisely zero.
Year-Over-Year CPI Up Most In 6 Years, Bond Market Reacts With Big Yawn
Inflationistas are howling about the CPI but yields at the long end of the curve are flat to slightly lower on the day.
The WSJ Asks "Is The Booming Job Market A Problem?" I Ask "Are Jobs Booming?"
The Wall Street Journal believes the Fed has a jobs-based dilemma. Let's investigate the claim.
SEC Says Executives Dumping Shares On Buyback Announcements
The SEC notes a disturbing trend that stems from buybacks. Executives are dumping shares faster than ever.
Trade Dispute: Trump Told Macron The EU Is "Worse" Than China
In a strong hint at what's going to happen next, Trump complained to French president Macron the EU is worse than China.
Bitcoin Dives Below $7,000 Extending Losses Following $40 Million Hack
Bitcoin extends losses following the hack of the South Korean crypto exchange Coinrail. Following the attack, 70% of the coins are now safe in a cold (offline) wallet. Two-thirds of the 30% hack are frozen and perhaps recoverable
Trump At G7 "We’re Like The Piggy Bank That Everybody Is Robbing"
Trump threatens to stop trading with nations at the G7 conference because the US is being robbed. At the G7 Trump said he is all for free trade while threatening to end trade altogether.
Three US Tire-Chord Makers Threaten To Close Doors Due To Trump Tariffs
Three tire-cord manufacturers got a push-back in their effort to win trade exclusions from Trump. They threaten closure.
Social Security Payments Exceed Income: "Trust Fund" Will Be Wiped Out By 2034
The notion there is a trust fund is ludicrous but let's look at this story.
Average New Vehicle Auto Payment Hits Record High $523 Per Month
The average size of a loan for a new car in the U.S. set a record in the first quarter as did the average payment.
German Industrial Orders Decline 4th Month, Analysts Expected A Rebound
Analysts expected a rebound in German industrial orders. Instead, orders fell a steep 2.5%
McDonald's Shares Jump On Corporate Job Cuts, "Eliminating Layers"
Shares of McDonald's (MCD) are up 3.81% on USA President Chris Kempczinski email announcing Corporate Job Cuts, Eliminating Layers.
Amidst Inflation Scare, Price War Intensifies Between Costco, Target, Walmart
When the next recession hits, asset prices will collapse and loans based on those assets will sink, if not collapse. Consumer prices will likely follow.
Congratulations Workers: You Make 0.3% More Per Hour Than One Year Ago
In real terms, workers make 0.3% more per hour than a year ago, assuming one believes the BLS CPI Statistics.
Productivity Up 0.4%, Well Under Expectations Of 0.7%, Labor Costs Up 2.9%
First-quarter US productivity was a disappointing 0.4%. Manufacturing productivity declined 1.2%. Wages rose 2.9%.
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