Silver as an investment

Category Archives: Manufacturing

Trade War Provides Perfect Cover For The Elitist Engineered Global Reset

This article was originally published by Brandon Smith at Alt-Market.com Over the past several months, I have been examining the underlying or hidden motivations behind the currently expanding global trade war, including the impressive level of cognitive dissonance surrounding the issue. The political left doesn’t seem to have an intelligent grasp of economic issues in […]

Sears Ends 100 Year Relationship: Stops Selling Whirlpool Appliances

Ending a business relationship that dates back more than 100 years, Sears announced this morning it would no longer sell Whirlpool appliances. As first reported by the WSJ, in a note sent to its stores last week, Sears said that Whirlpool was making demands that would have made it difficult to sell its appliances at […]

Empire Fed Survey Soars To Highest In 8 Years (As New Orders Plunge)

Beating expectations by 5 standard deviations… Respondents to the Empire Fed's Manufacturing Survey have not been more exuberant about America since Oct 2009. This continues the recent trend of incredible survey-based beats as hard data remains unimpressed…   The only thing that is odd about this monstrous number is the plunge in new orders… and […]

Lousiana Cops Boycott Ford Over Support For Kneeling NFL Players

In a perfectly ironic twist, just days after Jamele Hill urged Americans to protest Jerry Jones decision to make his players stand by 'hitting him in the wallet' and boycotting his sponsors, a Louisiana sheriff's office that is boycotting Ford over the automaker's decision to support NFL players' right to peacefully protest during the national […]

To Increase America’s Productivity, Ban This…

Aside from short-lived booms in the 1990s and 2000s, US productivity growth has averaged just 1.2% from 1975 up to today after peaking above 3% in 1972. As we detailed previously, adjusting for the WWII anomaly (which tells us that GDP is not a good measure of a country’s prosperity) US productivity growth peaked in […]

US Manufacturing “An Increasing Drag On The Economy” As PMI Drops For First Time Since March

Following a stronger-than-expected Eurozone PMI print this morning, Markit reports a mixed bag for preliminary September US PMIs with Manufacturing limping higher but Services missing expectations and slipping notably. After 5 straight months of gains, the US Composite PMI dropped back below pre-election levels. As Markit notes, there were signs of underlying fragility in September, […]

Frontrunning: September 21

Mark Zuckerberg’s Political Awakening (BBG) Bank of Japan Sticks With Easy-Money Settings (WSJ) Bank of Japan board member demands more stimulus (FT) S&P downgrades China, says rising debt is stoking economic, financial risks (Reuters) Boston’s Fate Lies With a Zombie Hurricane as Maria Moves North (BBG) SEC says hackers may have traded using stolen insider […]

Unexpectedly Weak Industrial Production Report Released Unexpectedly Early

mishtalk.com / Mike “Mish” Shedlock / August 17, 2017 The Fed accidentally released its Industrial Production report a half hour early today. IP was 0.2% with an Econoday consensus o 0.3. Manufacturing was a disaster, down 0.1% vs an Econoday consensus of +0.2%. The Federal Reserve inadvertently released what is a weak July industrial production report about a 1/2 hour early this morning. Headline […]

Intel CEO Resigns From Trump Manufacturing Council Over “Divided Political Climate”

The CEOs on President Trump's Manufacturing Council are dropping like flies as they realize, one by one, this weekend's media mayhem surrounding Trump's comments about the chaos in Charlotteville is the perfect excuse to detach from the Trump bandwagon. Following Merck's Ken Frazier and Under Armour's Kevin Plank, Intel CEO Bryan Krzanich chose to resign […]

The Rise Of Zombie Companies (And Why It Matters)

Authored by Daniel Lacalle via The Mises Institute, The Bank of International Settlements (BIS) has warned again of the collateral damages of extremely loose monetary policy. One of the biggest threats is the rise of “zombie companies.” Since the “recovery” started, zombie firms have increased from 7.5% to 10.5%. In Europe, BofA estimates that about […]