Mike Shedlock

Mike Shedlock

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.



Articles by Mike Shedlock

Are Rate Hikes Bad For Gold?

Federal Funds Target Rate

Here are two different looks at Fed rate hikes since Volcker. The charts are the same, but one presentation is a lot funnier than the other. Let’s take the fist chart and see what correlations exist between rate hikes and the US dollar index.

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Daniel Hannan – The Right Approach To Brexit

Daniel Hannan

Daniel Hannan, a British member of the European Parliament (MEP), made an eloquent, impassioned speech this weekend on what should take place in Brexit talks. After listening to Hannan on Brexit, regulation and trade, I am certain he would make a far better US president than anyone in the entire field from 18 months ago.

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Case For -2 percent Rates, Banning Cash? Jim Grant Blasts Lunatic Proposals

Looking for group think, extrapolation of extreme silliness, linear thinking, and belief in absurd models? Then look no further than Fed presidents, their advisors, and academia loaded charlatan professors. Today’s spotlight is on Marvin Goodfriend, a former economist and policy advisor at the Federal Reserve’s Bank of Richmond, and Ken Rogoff, a chaired Harvard economics professor, a one-time chief economist at the International Monetary Fund.

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