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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Dear Jerome Powell, Is Everything Under Control? Spotlight Gold And Silver
The US stock markets are all at record highs, gold is at a record high, and silver is at the highest price since 2013. Welcome to the everyone wins the market, no craps allowed.
Is China Dumping U.S. Treasuries And Buying Gold?
Bloomberg reported that China is selling a record amount of US debt while buying gold. Previous reports of debt selling were false.
China Shock II Is Coming, The EU Will Be Hit Hard, Then The Us
Germany is feeling the pinch of China's shock. But the US is on deck too. A global trade war looms.
Housing Starts Vs Completions Looks Ominous For The Economy
Housing completions have surpassed housing starts. History suggests bad things follow. But what’s happening this time?
Housing Starts Rise 5.7 Percent Following Negative 2.6 Percent Revision
The word of the day is revision. The Census Department revised housing starts and permits all the way back to 2017.
Retail Sales Fall Flat, Are Consumers About To Throw In The Towel?
Caution. Every time I suggest consumers may throw in the towel, it hasn’t happened. Counter caution, real (inflation-adjusted) spending is negative year-over year for 12 out of the last 17 months.
CPI Up 0.3 Percent With Rent Still Rising Steeply, Food A Bright Spot
Rent rose another 0.4 percent in April. Food and beverages were flat with food at home declining but food away from home rising.
Unsold Tesla’s Pile Up In Mall Parking Lots, Big Discounts Likely
Tesla is renting parking lots to store thousands of vehicles. This helps explain the mass layoffs.
Producer Price Inflation Has Bottomed And Is Now Heading Back Up
Producer prices were a bit higher than expected today but negative revisions take that away. Importantly, prices appear to have bottomed.
Rent Prices Rose For The Third Straight Month According To Apartment List
Rents were not falling as reported recently by Apartment List. Nor are Apt List estimates correct now. Let’s discuss what’s really happening and why Truflation is wrong as well.
What’s The Inflation Rate Under Biden Vs 7 Previous Presidents?
Neither the Fed nor economists in general view housing prices as inflation. The economic illiterates do not count asset prices in general as inflation.
What Is The Optimal Temperature For Global GDP Growth?
A group of climate alarmists have concluded that global GDP will be 23 percent lower on the current path.
Where Are 10-Year US Treasury Yields Headed?
The Fed has surely made a mess of things. So has the Biden administration with sponsored inflation in everything he does (excessive fiscal stimulus, regulatory madness, student loan cancellations, tariffs, etc., all highly inflationary)
Should The Fed Get Rid Of Forward Guidance?
Stanley Druckenmiller says the Fed should get rid of forward guidance and just do their job.
Trapped In Your House? Moving Expectations Hit Record Low
A New York Fed survey shows 1-year and 3-year look ahead moving expectations are at record lows.
Death Of Self-Checkout, Walmart Charges For It In Some Locations
Theft and complaints are taking a toll on self-checkout. Now, Walmart (WMT) wants you to pay $98 a year for Walmart+ for the self-checkout privilege at some stores.
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