Mike Shedlock
Contributor at Freelance
https://t.co/bwBAtHj9nn On my “MishTalk” blog, I write about global economy. Topics include interest rates, central bank policy, gold, and stocks.
Articles
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3 days ago |
mishtalk.com | Mike Shedlock
I am somewhat of an election junkie. Here’s a NYC update. Voting is over and the counting is underway. Zohran Mamdani, a 33-year-old socialist pledging rent freezes, has jumped into the lead over Cuomo in Tuesday’s primary. Image PolymarketJust six days ago, one could have bought Mamdani for under 10 cents. You would have had to pay 80 cents for Cuomo. Tonight Cuomo is trading for 13 cents, under Eric Adams who is not even in the primary.
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3 days ago |
mishtalk.com | Mike Shedlock
The siren songs of rent controls ring loud and clear. Zohran Mamdani, a 33-year-old socialist pledging rent freezes, has leapt to a tie with Cuomo in Tuesday’s primary. Image PolymarketThe New York City ChoiceAndrew Cuomo, a former Governor who resigned over a barrage of sexual harassment allegations. Zohran Mamdan, a socialist rent freeze nutcase. Eric Adams, the disgraced current mayor accused of accepting bribes and illegal campaign contributions.
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3 days ago |
mishtalk.com | Mike Shedlock
Case-Shiller home prices fell 0.3 percent in April. Case-Shiller home prices fell 0.3 percent in April after declining 0.1 percent in March. The lead chart puts things in perspective. What Is Case-Shiller? Case-Shiller measures sales prices of the exact same home over time. It factors out major improvements. It’s a better measure than median or average prices because the latter does not factor in square footage, location, lot size, or amenities. However, Case-Shiller is a lagging indicator.
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4 days ago |
mishtalk.com | Mike Shedlock
Let’s discuss Ireland, weight loss drugs, and other trade distortions. I downloaded census data for 10 countries plus the EU as a hole for 2024 and through April of 2025. My percentages comparisons come with a caution that the data is not seasonally adjusted so 4 months through April might not equal 33 percent of a year. Yet, some things stand out, like Ireland which distorted the entirety of the EU by itself.
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4 days ago |
mishtalk.com | Mike Shedlock
Trump says the “12-Day War” is over.
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Six Million Student Loan Borrowers on Track to Have Wages Garnished @tyillc @jlounsbury59 @USRoute41 @FM_NoAlgos @mtmalinen @jimiuorio @JonFraserTF @GratkeWealth @dgsommersmkts It’s 2M now with another 4M projected. And jobs are harder to find. https://t.co/0BCJbYt4f0
Is the GDPNow Nowcast for the Second Quarter Overstated? @tyillc @jlounsbury59 @USRoute41 @FM_NoAlgos @mtmalinen @jimiuorio @JonFraserTF @GratkeWealth I had a conversation with GDPNow creator Pat Higgins on the difficulty of making estimates. https://t.co/lhfec3UvSA
RT @RichardHanania: JD Vance must be so excited that NYC will now be governed according to his principles.
