Jobs: It’s All About the Numbers

The main economic data this morning is the Challenger Gray and Christmas job cuts report – so let’s get that out of the way: VCHICAGO, May 5, 2016 – The pace of downsizing increased in April, as US-based employers announced workforce reductions totaling 65,141 during the month, according to the latest report released Thursday from global outplacement consultancy Challenger, Gray & Christmas, Inc.  The April figure represents a 35 percent increase over March, when employers announced 48,207 planned layoffs.  Last month’s job cuts were 5.8 percent higher than the 61,582 … Continue reading

Coping: Is Chi (Qi) Energy Ionization?

We were certainly (ahem…) flush with comments when we discussed the idea of shutting the bathroom door in order to keep good Chi (or qi) out of the bedrooms where people sleep. Where things took an interesting turns was when – thanks to comments – I got to looking at a possible relationship between chi and ion effects. If you’re a long-term reader, you will remember the discussion. But, if not, here’s a thumbnail sketch: There are atoms (and molecules) generally come in three flavors: plain (where the number of … Continue reading

The Only Options Left?

This morning we pick up on where we visited in the UrbanSurvival column Tuesday:  The looming collapse of multiple pension systems. Oh, sure, we can make a case that banks are never too big to fail.  But what happens if the next round of economic collapse brings us head to head with deciding how to deal with long-term pension obligations? This morning we look at two possibilities to solve for “X” – neither of which will make everyone happy.  But at least in an economic sense, they are a start … Continue reading

You Can Turn Off The News

And why would you want to do that? Well, because I have the week all planned out for us, of course! (Aren’t you on the distro list?) Here’s how it should play out: The market this morning will fall flat on its nose. Why lookie here! Dow futures down 109! Reasons are all over the place, but a couple of them include the Japanese market not looking exactly “In the pink” and then there is the German equivalent of our Dow which used to live in the low 10-thousands, but … Continue reading

Coping: With Bathroom Feng Shui

Off on a different track this morning. In fact one of the oddest things I have run across since I ran into the “earthing” results. You might remember our discussion about sleeping on a special “grounded half-sheet.” This morning, we get into another one of those little “subtle energy” discussions which has been a remarkable experience for us. A little background first. I have been looking at the art of feng shui a lot lately. The reason for my research? Purely financial. Yeah, base motivation, I’ll grant you. But in … Continue reading

So: This is Progress?

I happened to be listening to one of my all-time favorite econ books Sunday and I was reminded of something we try to forget on Mondays. Namely that in hunter/gatherer societies, people only works (on a community average) about 1,000 hours per year. Of course, it depends on what your definition of “work” is, too. For example, to a freeway and desk-bound human with a phone and Facebook as their primary means of entertainment, going hunting and fishing all the time could hardly be considered “work” but there you have … Continue reading

Coping: Losing Your Senses, Gracefully

I apologize, once again, for the short column that we put up  Friday morning. 2.5 hours on an operating table is, well, a bit less than inspiring – and because the eye patch was still on from the removal of my failed implant (after 25 years, just to be fair) it was Elaine doing the rewrite of Mr. Scribbles. This morning, however, things are much better. The doc figured Friday that the “bad eye” was doing much, much better than expected. That’s what you call it when 20 hours after … Continue reading

Synthetic Economic Growth?

Maybe it was something in the drugs the anesthesiologist was pushing Thursday, but an incredible moment of economic insight slapped me up-side the head on Friday while the market was tanking.What if economic growth is all simulated and nothing is as it seems. We get into that in today’s report, along with a few headlines and the best cliff-hanger of all (now being played in markets near you…)  Is this a correction or is something really “evil this way coming?”  Some damn fine questions, even if the answers are still, … Continue reading

Saturday Special: Word From the Front

We have a number of things to cover this morning, so an unusual “Saturday Special.” ITEM ONE: Peoplenomics will likely be posted on Sunday. It’s only partly due to surgery. Turns out I’ve come up with a whole new paradigm for investing through all this disruption this week. And it’s taking a while to get it all written down. (Slow typing speeds). ITEM TWO The Peoplenomics weekly charts are EXTREMELY interesting – so stand by for that, too. Working on things as fast as possible. Expect Peoplenomics late today or … Continue reading

NOW FOR A CORRECTION–BUT WHICH ONE?

Although the Dow fell 200 and change THE DOW FELL 200 AND change Thursday, my concern now is that we are not yet to the break-point of this decline.  The reason may be understood two different ways: ONE, would be a discussion of how things look from the Elliott Waver perspective, while the other is from the Trend Channel view. Let’s talk about Elliott first. As you know, we have completed what looks like the three waves down of the larger IV which followed the completion of the highs last … Continue reading