CME Halts British Pound Futures After Flash Crash to New Record Low vs the Dollar – Mish Talk
British Pound flash crash courtesy of Investing.Com Pound Pounded The British pound fell to $1.0349 during early trading hours on Monday, breaking its previous record...
The Cost of Car Insurance Has Dramatically Increased Every Month This Year – Mish Talk
CPI Data from BLS, calculation and chart by Mish 2022 Percentage Increases Jan: 1.09 Percent Feb: 1.79 Percent Mar: 0.83 Percent Apr: 0.54 Percent May:...
Lacy Hunt and Danielle DiMartino Booth on Liquidity and Problems the Fed Faces – Mish Talk
Danielle DiMartino Booth 1-on-1 with Lacy Hunt Please consider Danielle DiMartino Booth 1-on-1 with Lacy Hunt The pair discuss liquidity, velocity, the Fed PUT, QT,...
Dot Plot Show Fed Anticipates More Hikes in 2023 to 4.50 Percent – Mish Talk
Dot Plot of FOMC participant Expectations The FOMC press statement was a complete yawner. For discussion please see Fed Hikes by Three-Quarters of a Point,...
Wildly Optimistic Forecasts: Examining Fed GDP Projections For 2022 and 2023 – Mish Talk
In conjunction with the Fed’s FOMC meeting on September 21, each Fed member made projections for interest rates, the unemployment rate, inflation, and GDP. PCE...
Risk of Global Recession in 2023 Rises Amid Simultaneous Rate Hikes – Mish Talk
World Bank chart on tightening fiscal stance Super Thursday Actions The Wall Street Journal reports Interest-Rate Hikes Come Thick and Fast Switzerland: Raised rates by...
NAHB National Housing Market Index Declines for the 9th Consecutive Month – Mish Talk
NAHB data, chart by Mish “Home builder confidence declined for the ninth straight month in September, according to the NAHB/@WellsFargo Housing Market Index (HMI). This month’s...
Exploring the Massive Clean Energy Boondoggle of Burning Trees as Carbon Neutral – Mish Talk
Image from Smithsonian article below EPA Declared That Burning Wood Is Carbon Neutral In 2018, the EPA Declared That Burning Wood Is Carbon Neutral. Yesterday...
In Latest Sentiment Poll, Buying Conditions Are the Worst in Decades – Mish Talk
Worst Buying Conditions in Decades Bloomberg reports Americans See Worst Buying Conditions in Decades on High Prices The University of Michigan’s preliminary sentiment index edged...
Miracles, Housing, and the False Shortage Signals of Money That is Priced Too Cheap – Mish Talk
Scotts Miracle-Gro Is Buried in Fertilizer Please consider the Wall Street Journal article From Shortage to Glut: Scotts Miracle-Gro Is Buried in Fertilizer. Never in...