Mish's Monthly Macro Update

With regular co-host Mish Shedlock & Gordon T Long
34 Minute Video with Slides

Mish Shedlock lays out some of the Key Macro Messages in his extensive writings over the last month.

• US Economy: Concerning Signals

• Concerns with what Industrial Production, Consumer Spending and Inventories to Sales are telling us,
• FOMC Meeting signals fewer and slower number of rate increases,
• The End of the Obamacare Lift for Employment,
• US Primaries Signal a Crisis in the US Social Contract.

• Draghi's Statement Fallout: "This is end of all the Cuts We Can Do"

• Euro reacts fairly significantly,
• Concerns about EU Bank profits,
• ECB to buy Corporate Bonds.

• Strange Central Bank Policies: Confidence in Central Banks Becoming a Problem

• What May be Coming,
• Fiscal "Helicopter Money' and Guaranteed Minimum Incomes / Universal Income

• Gold - Has Broken Key Overhead Resistance

• Central Bank Policies of NIRP may be the catalyst,
• Precious Metals rise in US dollars may be only in the early stages

....and there is much, much more, in this fast paced 34 minute Video.