Tag Archives: Mike Shedlock

  • Insider

    Off The Cuff: The Party’s Over

    Terrible data is finally ending our hopium addiction
    by Adam Taggart

    Monday, May 20, 2019, 10:15 AM

    5

    In this week’s Off The Cuff podcast, Chris and Mish Shedlock discuss:

    • Next Up: A Currency War With China?
    • Recession Warning
    • A War With Iran, Too?
    • More Cracks In Europe

    The self-delusional “Everything is awesome and getting better!” narrative that has pushed markets ever higher for the past years is suddenly unravelling. The current China tariffs will undo any remaining salubrious impact of the Trump tax cuts, a global recession appears underway, and — seriously — are we about to go to war with Iran??

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  • Insider
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    Off The Cuff: A Brightening Future For Gold?

    It's finally breaking out of its consolidation phase
    by Adam Taggart

    Friday, February 1, 2019, 3:23 PM

    4

    In this week's Off The Cuff podcast, Chris and Mike “Mish” Shedlock discuss:

    • The Complete Sham of Corporate “Earnings”
      • Now an art of putting lipstick on a pig
    • The Growing Revolt
      • Everywhere you look, the Establishement is being increasingly questioned
    • The Empire Digs In
      • More, and more secretive, measures are being past to protect its advantage
    • A Brightening Future For Gold?
      • It is finally breaking out of its consolidation phase?

    The price of gold has long been in a consolidation phase, and it now seems to breaking out to the upside. There are both fundamental and market-driven reasons for this.

    On the fundamental end, supply is becoming a real issue. And with the Powell Fed completely caving to the markets, expectations of a more 'dovish' Fed policy going forward is also adding wind to gold's sails.

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  • Daily Digest
    Image by tolomea, Flickr Creative Commons

    Daily Digest 5/14 – Education, Ideology Exaggerates Fact Rejection, Interfering With Science Education

    by DailyDigest

    Monday, May 14, 2018, 3:10 PM

    0
    • Teenage Wasteland
    • Toronto van attack: Inside the dark world of 'incels' 
    • Education plus ideology exaggerates rejection of reality
    • Guide to Veterinary Drugs for Human Consumption, Post-SHTF
    • More states introduce bills to interfere with science education
    • Ecuador to Expel Assange from its London Embassy?
    • Get ready for $100 a barrel oil and the conflict it represents
    • Top 10 Best Gold Coins for Investing
    • Many Vietnam Vets May Have Cancer-Causing Parasites: What Are Liver Flukes?
    • Why You Need Bifocal Safety Eyewear
    • 5 Rookie Mistakes to Avoid When Cooking over an Open Fire
    • Wearing Your Raingear Like a Pro
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  • Insider
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    Off The Cuff: The Approaching Minsky Moment

    The world is unprepared for the reset heading our way
    by Adam Taggart

    Thursday, June 22, 2017, 1:00 AM

    19

    In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

    • A Study In Failure Of The State
      • Chris shares his on-the-ground observations from So. America
    • It Can Happen Here
      • Mish shares his on-the-ground observations from Illinois
    • Virtually All The Macroeconomic Data Is Miserable
      • Yet the Fed & the markets are acting like everything's great
    • The Approaching Minsky Moment
      • It's a matter of if, not when

    This week's Off The Cuff discussion is an interesting one. Both Chris and Mish have front-row seats to two failing governments — Chris in Argentina, and Mish in Illinois. It feels to them like they are getting a preview of the economic pain soon to come to the rest of the world.

    Both are *very* concerned that citizens and investors across the globe are being duped by the (lack of) signals and messages today's ""markets"" are providing. Looking at the steady drumbeat of bad & worsening macroeconomic data, as well as the immense gap between fundamentals and asset prices, Chris and Mish are as confident as they have ever been that a massive painful reset is nigh. But too many of our leaders, and too much of the public, remain complacent/ignorant (willfully or not) regarding this risk. 

    Their conclusion? The world is woefully unprepared for the Minsky moment headed its way.

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  • Insider
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    Off The Cuff: Dubious Data

    There are no solid fundamentals supporting this rally
    by Adam Taggart

    Friday, March 10, 2017, 4:01 PM

    2

    In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

    • GDP Sluggish
      • At 1.3% and falling
    • Suspicious 'Rosy' Jobs Reports
      • When no net employment growth for months
    • Earnings The Same As 2011
      • Yet stocks 30% higher
    • Fed Hike Likely?
      • Probably. But they don't want to pop the bubble

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  • Insider

    Off The Cuff: Repercussions Of Rising Rates

    Rising interest rates are the big story right now
    by Adam Taggart

    Friday, December 2, 2016, 1:54 AM

    19

    In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

    • A Bottom For Miners?
      • Mish thinks this may be a good purchasing window
    • Hit To Housing
      • Rising interest rates are kryptonite to home prices
    • Vanishing Jobs
      • Trump can't replace the jobs lost to automation
    • The Year Of The Iconoclast
      • Anti-establishment platforms gather steam around the world

    After years and years of declining/0% interest rates, the trend may be reversing. Market interest rates have risen faster over the past month than in decades.

    Chris and Mish see this as having implications that will ripple through all asset classes. As Mish warns:

    I’m watching interest rates just rise and rise. And the thing here is everyone’s betting on this massive inflationary scenario under Trump. I’m not sure I get it. Now, long term, we can all look at this and say, “Yeah, he’s going to take less money in in taxes, he’s going to waste more on infrastructure, he wants to increase military spending.” Of those, the only one I agree with is lowering taxes but the analysis is negative, negative, negative from Congressional CBO and all the people who figure this stuff out.

    So we’ve got this surge in interest rates and money pouring into the dollar. The dollar’s going higher. I look at all of this and I think, “Hmm, a surge in interest rates. Ah, it’s likely to affect an ugly market.” The rising US dollar impacts exports in a negative fashion. The stock market is incredibly overvalued. And we know what generally happens when interest rates rise: I’m looking at a potential deflationary bust. Especially when we factor in Trump’s trade policies that might very well cause a global trade war.

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  • Insider

    Off The Cuff: Should The Central Banks Just Buy Everything?

    That's what they're on their way to doing
    by Adam Taggart

    Thursday, September 1, 2016, 11:19 PM

    38

    In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

    • Should The Central Banks Just Buy Everything?
      • Is that the plan? What would happen?
    • Turning Japanese
      • Japan is leading the way by monetizing all its assets
    • Putting The Fed On Trial
      • Chris fantasizes about holding up the mirror of truth to power
    • The Next Interest Rate Move
      • Up or down?

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  • Insider
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    Off The Cuff: Look Out Below!

    We're on the cusp of major asset deflation
    by Adam Taggart

    Thursday, September 24, 2015, 9:15 PM

    23

    In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

    • The Periphery Is Collapsing Fast
      • Emerging market currencies are falling hard vs the US dollar
    • China Is Running Off The Rails
      • We're witnessing a bust in progress
    • Europe's Black Swan Has Landed
      • A migrant crisis no one saw coming this quickly
    • The US Is Sliding Back Into Recession
      • The data is bad and getting worse

     

     

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  • Insider
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    Off the Cuff: Slippage

    Centralized control is losing its grasp
    by Adam Taggart

    Thursday, June 12, 2014, 3:26 PM

    2

    In this week's Off the Cuff podcast, Chris and Mish discuss:

    • Voter Revolt
      • Eric Cantor's loss suggests populace is getting fed up 
    • Iraq Gets Worse
      • Now a failed operation of two Presidencies
    • Manic Markets
      • Priced for 0% risk
    • Hazardous Housing Market
      • Already nosing over?
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  • Insider
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    Off the Cuff: The Biggest Bubble

    a.k.a.: Life as we now know it
    by Adam Taggart

    Friday, May 30, 2014, 3:31 AM

    3

    In this week's Off the Cuff podcast, Chris and Mish discuss:

    • The Beginning of the End of the Eurozone?
      • The disgruntled citizenry is voting its mind
    • Mal-investment Everywhere
      • But the bond market is likely to crack first
    • No Exit
      • After 5+ years, the Fed is as stuck as ever
    • The Biggest Bubble
      • A.k.a: Life as we know it
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