Pickle Real Estate

Reading Between the Head-Lines

Mish’s Global Economic Analysis speech at Google

Google Tech Talk
May 6, 2009
 

ABSTRACT

Presented by Mike “Mish” Shedlock.

Mike “Mish” Shedlock is author of one of the most read economics blogs on the Internet: Mish’s Global Economic Trend Analysis http://globaleconomicanalysis.blogspot.com.

Mish gave an @Google talk, sharing his perspective on the state of the global economy (housing, the stock market, commodities, etc.) He also provides his interesting story about how he started blogging, and the impact that it has had on his life personally and professionally.

In January, Time.com ranked his site the #1 based on a rounded set of criteria http://www.time.com/time/business/article/0,8599,1873144-3,00.html. From the article:

“Although Mish is not an economist by training, he adroitly gets into the thick of economic data. Mish uses observations made by those in major media, so-called experts and government officials and serves up analysis based on his impression of their relevance and validity. The author is not afraid to attack conventional wisdom.”

June 8, 2009 Posted by | Banking, Foreclosure, Investments, Lending, Real Estate, Stats | Leave a Comment

Optimistic Unemployment and Housing Forecasts Looking Downright Silly

2009-06-07   Mish’s Global Economic Blog

Please consider unemployment forecasts. The Fed forecast unemployment at 8.4% in 2009 and the “adverse forecast” was at 10.3% in 2010.

Hello Ben, in case you did not notice, Jobs Contract 17th Straight Month; Unemployment Rate Soars to 9.4% and Bankruptcy Filings Reach 6,000 A Day.

Full Analysis Here

June 8, 2009 Posted by | Foreclosure, Real Estate, Stats | Leave a Comment

Some Wonder If Bond Market Has Reached Its Tipping Point

2009-06-07  Kiplinger.com

A 27-year bull market in bonds is over and a brutal bear market is under way, says Tom Atteberry, co-manager of FPA New Income. That’s bad news for bond investors, particularly those holding Treasurys and municipal IOUs.

Atteberry, who spoke with us at the annual Morningstar Investment Conference in Chicago, says there is good reason to believe that the run-up in Treasury yields that began late last year will continue. Atteberry says he’s seeing anecdotal evidence that Chinese investors, huge holders of Treasurys, are beginning to sell their government-bond stakes. “They are very, very nervous” about the Federal Reserve purchasing Treasury debt because of the move’s potential for stoking inflation, one of the prime enemies of bond holders.

Full Article here

 

June 8, 2009 Posted by | Banking, Foreclosure, Investments, Stats | Leave a Comment

   

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