The EU’s Robin Hood Energy Proposal Caps Profit and Prices, Seeks Solidarity – Mish Talk
Image courtesy of Euractiv Robin Hood Energy Proposal European Commission president Ursula von der Leyen blames Russia for being an “unreliable supplier” then lays out Five...
ECB’s Blunt Press Statement Today Screams One Big Idea, Stagflation Has Arrived – Mish Talk
ECB Press Conference Today the ECB hiked rates by three-quarters of a point. Let’s tune into the the ECB’s Press Conference hosted by Christine Lagarde,...
A Top Morgan Stanley Strategist Says Europe’s Stocks Will Tumble Even More
Text size It could be a few months before European stocks become bargains, says Morgan Stanley’s Secker. Above, traders in Frankfurt. Daniel Roland/AFP/Getty Images European...
Tweets of the Day: Stock Market, Bitcoin, Energy Margin Calls, Shipping Collapse – Mish Talk
$1.5 Trillion Energy Margin Calls When the Market Bottoms Bitcoin’s Path Losses in US Treasuries Coal ECB Balance Sheet Eurozone Narrative Scroll to Continue Toilet...
Huge Stagflation Risk In Play on the Midterm Election Results – Mish Talk
538 Senate Odds annotations by Mish It is increasingly likely that Democrats hold the Senate thanks to very poor candidate selection by the Republicans. Republicans...
On an Income Basis the Economy is Humming, GDP says No, Which is Believable? – Mish Talk
GDP and GDI data from the BEA, chart by Mish GDP vs GDI Gross Domestic Product (GDP) and Gross Domestic Income (GDI) are different measures of...
ISM Says Service Sectors Strengthens, the S&P Says Sharpest Contraction Since 2020 – Mish Talk
ISM table and synopsis by permission Please consider the Services ISM® Report On Business®for August 2022. “According to the Services PMI®, 14 industries reported growth....
Fed Quantitative Tightening (QT) Doubles This Month, Progress Since June – Mish Talk
Balance Sheet Data from St. Louis Fed, chart by Mish Plans for Reducing the Size of the Federal Reserve’s Balance Sheet In January 2022, the...
The Jobs Report Much Is Weaker Than It Looks For Six Months – Mish Talk
Payroll and Employment data from the BLS, chart by Mish. Initial Thoughts The unemployment rate ticked up in August as more people looked for work....
EU Declares Energy Crisis ‘Emergency’, the US Will Not Be Immune – Mish Talk
EC President Seeks ‘Emergency Intervention’ in Electricity Market Please note Ursula von der Leyen Calls for ‘Emergency Intervention’ in Electricity Market. “The skyrocketing electricity prices...