Mish Shedlock | TalkMarkets | Page 1
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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Expect Big Negative Revisions To BLS Monthly Jobs In 2023, GDP Too
Yesterday, the BLS released a little-read jobs report that shows reported jobs in 2023 may be wildly overstated. In turn, that means GDP is likely overstated as well.
2024 Q1 GDP Underperforms Expectations At 1.6 Percent Vs 2.3 Percent Expected
First-quarter GDP was lower than any estimate in the Bloomberg Econoday consensus range of 1.7 percent to 2.8 percent. Inflation was higher than expected.
Tesla Rebounds On Musk Promises With No Details, It Won’t Stick
Tesla’s quarterly deliveries in the first quarter of 2024, are down 8.5% from a year earlier. It’s the first quarterly decline since 2020. Elon Musk delivered a terrible quarter and tries to appease Tesla investors with more hype.
ARK Destroyed More Wealth Than Any Asset Manager Over The Previous Decade
Congratulations to Cathie Wood for losing $14.3 billion over the past decade, more than any other fund manager according to Morningstar.
New Home Sales Rise 8.8 Percent After 3.8 Percent Negative Revision
The Census Bureau revised February seasonally adjusted annualized sales from 662,000 to 637,000 and reports March at 693,000. Expect more revisions.
A Big Deflationary Push From China But Will Biden Or Trump Allow That?
China keeps returning to a well that has run dry, using exports as a means for growth. China is about to hit a brick wall, with global consequences.
When Should You Collect Social Security? Other Retirement Decisions?
JP Morgan has a comprehensive guide on planning for retirement, investments, Roth IRA, and when to collect Social Security. You cannot start too young to think about these ideas.
People Who Rent Will Decide The 2024 Presidential Election
Immigration won’t decide the election. Polls have not yet captured what will. This may come as a surprise, but the top issue housing. More explicitly, it’s shelter costs.
Truflation Claims Inflation Is 2.06 Percent, Anyone Believe That?
Would you believe believe year-over year inflation is barely over two percent? That’s the Truflation claim as of April 17, 2024.
How Many Interest Rate Cuts Will The Fed Do Before The Election?
Let’s go over the rate cut possibilities and the market expectations. Importantly, who is to blame for wildly wrong rate cut projections?
Auto And Home, Insurance & Maintenance Costs Soaring And People Are Angry
Insurance, repairs, and maintenance costs are up for both homes and autos. Some homeowners are skipping home insurance. What’s going on?
Existing Home Sales Sink 4.3 Percent, Expect More Weakness
Existing home sales resumed their slide in March after two-month rally to start the year.
Philly Fed Manufacturing Index Unexpectedly Jumps To Highest Level In 2 Years
The Bloomberg Econoday consensus for the Philly Fed index was 0, a decline of 3.2 points. Instead, the index jumped to 15.5.
Economists Believe Biden Would Be Better For The Economy
The Wall Street Journal asked 69 economists what they thought about the economy. Let’s check out the results.
When Will Housing Units Under Construction Impact The Price Of Rent?
The number of housing units under construction topped 1.4 million in August of 2022 and has been there ever since.
Industrial Production Peaked 18 Months Ago, Where’s The Recession?
When Industrial Production Peaks, recession soon follows. The only exceptions were the lengthy lead time ahead of the Covid recession, and now.
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