Epic Crash

Note About the Record Economy

Word About Predictions

Mike "Mish" Shedlock

Stock Market “Crash” Unlikely: It’s the Debt, Stupid

Many people have been predicting another stock market “crash”. I have not been in that camp for reasons I will explain below.

Stock Market 10% Plunge is the Worst Since 1987

The Dow fell 10%, the S&P 500 futures fell 10.6%, and the Nasdaq futures fell 10.5% in a stunning rout.

What Event Will Sink the Stock Market? Yields? Tariffs? Trump?

The answer is not yields, tariffs, war, famine, or Trump; although any of those could contribute to the selloff.

Chart Predicts Every Market Crash in History

The Fed blows bubbles. Then it eventually pops them. Where are we in the cycle?

First Time Ever: Entire Yield Curve Crashes Below 1.0%

The 30-year long bond yield crashed below 1.0% this morning to a record low 0.958%.

Kudlow Already Proves He's Perfect for Economic Advisor Job

In one day flat, Larry Kudlow proves he is perfectly suited to be Trump's top economic advisor.

Pilots Confront Boeing: 737 Max Crashes Were NOT Pilot Error

The lie of the day: Skilled pilots could have prevented the two 737 Max crashes.

Wage Pressures in Japan, Devaluation in China: Renminbi has Worst Month Ever

The Renminbi had its worst month ever in June. Meanwhile, wage pressures mount in Japan.

Japan's Service Activity Crashes to Lowest Level Ever

Japan was already reeling from Abenomics and a seriously misguided tax hike. Then the coronavirus hit.