Mish Shedlock | TalkMarkets | Page 364
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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Rabbit Hole Intervention Fails: Wild Moves In Swiss Franc As Switzerland Abandons Euro Peg; Morals Of The Story
Today in a surprise announcement, the Swiss National Bank abandoned its silly policy of defending a peg to the euro.
Reflections On The "Sure Trade" Of 2014; Yield Curve Inversion Possible? Five "Sure Things" For 2015?
And just two weeks into January of 2015, the 30-year long bond made a new intraday record low of 2.39%, breaking the previous low of 2.44% on July 26, 2012.
Economists Still Upbeat: Retail Sales Drop Seen As "Blip"
By the time economists see the next recession it may be half-over. Heck, it might even be over (it's happened before).
Retail Sales Post Huge Downward Surprise; Lower GDP Revisions Coming Up; Economists Easy To Surprise
Retail sales were down 0.9% compared to November vs. economist expectations of a 0.1% decrease. November was revised from +0.7 percent to +0.4 percent.
Copper Plunges To Price Seen February 2006; Copper Vs. Gold
Gold is stronger for a reason. Stocks in general are headed for reversal of the last few years. If so, precious metals are poised to rise while the average stock is headed lower.
Oil Collapses To Six-Year Low, Brent Crude Hits Parity With West Texas Intermediate; Keystone Connection?
Whatever fundamental or speculative reason there once was for the sometimes huge price discrepancy between Brent and WTI is now gone.
Steen Jakobsen Warns "Euro Is Not A Good Idea And ECB About To Make Biggest Mistake In History"
Steen Jakobsen has never been less outspoken regarding historic moment that is about to live the Eurozone. He explains his particular vision of the economy, bluntly.
Bright Light Shines On Medicare Fraud; Is There An Easy Way To Stop Fraud?
At long last, a bright light shines on something I have been discussing for years - Fraud.
China's Iron Ore Inventories Post Biggest Decline In Two Years; Yuan Observation; Pro-Cyclical Stupidity
At the start of the year optimism in the iron ore sector was beginning to grow as the commodity staged a recovery of almost 10% from its December trough, but once again fears of a dead cat bounce are surfacing.
Biggest Bubble: Central Bank Credibility; Cautionary Tale Of Global Gloom From Down Under
People look at the S&P 500 and think it was a good year; it was a rubbish year for equities in US dollar terms. The S&P is the [2002 Olympics speed ice-skating gold medalist] Steve Bradbury of financial markets – the only one that has kept on skating while the others wobbled and fell over.
Illinois Governor Backs Away From No Tax Hike Pledge; Clueless Rauner Has Few Ideas
It's par for the course for politicians to back away from campaign pledges. Unfortunately, Governor Rauner appears ready to do just that and go along with tax hikes because "state finances are in even more dire shape than he thought."
Huge Capital Raising Effort At Spanish Bank Passing Latest Stress Test; New Game In Town; Smell Test Failure
Let's recap the ECB's love affair with stress tests that seldom find much need for banks such as Santander to raise capital.
Ding! Ding! Ding! Pimco Plans A Push Into Stocks With 7 New Equity Strategies; No Forecaster Predicts S&P Decline In 2015
Signs of a major market top keep piling on. Pimco provides the latest bell-ringer with launch of 7 new equity strategies.
Average Hourly Wages Vs. CPI: Are You Ahead?
Average hourly earnings for all employees unexpectedly declined 0.2%, $0.06 per hour in December vs. November.
Nonfarm Payrolls +252K; Unemployment 5.6%; Employed +111,000 (Household Survey)
This month the household survey shows a modest gain in employment of 111,000 vs. a payroll survey of 252,000 jobs.
Another Run On Greek Banks Begins; Get Out While You Still Can; Buy Gold
In November, Greeks withdrew €220 million from banks. In December, the figure soared to €3 billion.
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