GDPNow Forecast for Q3 Dips to 1.4 Percent on Housing Weakness – Mish Talk
GDPNow data from Atlanta Fed, chart by Mish The last GDPNow update was August 17 with the model GDP at 1.6%. Please consider the August...
Recession Evidence Piles Up with S&P PMI Services Leading the Way – Mish Talk
Global Flash PMI courtesy of S&P. Yellow highlights and dashed line added. Faster Fall in US Private Sector Output Amid Weak Client Demand The S&P...
Where Are Interest Rates Headed? Is the Fed Correct or the Eurodollar Curve? – Mish Talk
Data from CME and Fed via Wall Street Journal. Eurodollar Curve The eurodollar curve has nothing to do with euros or dollars. Rather it is...
Property Bailouts in China Are Coming, But They Will Fail, What About the US? – Mish Talk
Image from Tweet below. With a major property bust underway, China will not be a global leader in growth. Bailouts will not help explains Michael...
A Third Quarter of Negative GDP is Now Highly Likely – Mish Talk
GDPNow data from Atlanta Fed, chart by Mish. Please consider the latest GDPNow Estimate for third-quarter 2022 GDP. The GDPNow model estimate for real GDP...
GDPNow Forecast Dives on Housing Data, Erasing a Big Jobs Gain – Mish Talk
GDPNow data from Atlanta Fed, chart by Mish Please consider the August 16 update to the GDPNow Forecast for Q3 GDP. The GDPNow model estimate...
Housing Affordability Index Drops to Lowest Rate Since 1989, Still Way Too High – Mish Talk
Housing Affordability Index and mortgage rates via St. Louis Fed. Affordability in June Was the Worst Since 1989 The Wall Street Journal reports Affordability in...
UK Average Electricity Cost Will Soar to $5,370 Per Year By 2023 – Mish Talk
Image from NimbleFins article quoted below Net Zero by 2050 Outgoing UK Prime Minister Boris Johnson pushed for a net zero carbon policy by 2050....
German Costs to Ship by Barge are up Twenty Times and May Soon Be Impossible – Mish Talk
Rhine Nears Critical Level Shippers prepare for the worst in Germany as Water Level on the Rhine River is at a Critical Level. Shipping companies...
NAHB Sentiment Declines Eighth Consecutive Month Into Negative Territory – Mish Talk
The NAHB reports Builder Confidence Falls for Eighth Consecutive Month Key Points Builder confidence in the market for newly built single-family homes fell six points...