“As you go through life, make this your goal: Keep your eye on the doughnut, not on the hole.” [old school wisdom]
The holes are? Well, lemme see: Charlottesville, and the hype about follow-on places where idiots of all stripes can be gathered in. Followers are everywhere if you find the right pied-piper.
North Korea seems to be in “chill” because (as we quietly pointed out earlier) there’s no manpower for warfare until the crops are all in. When they rattle-up next (late fall, to early winter)? Then it’s time to taken them seriously.
Meantime, the handwringers don’t have much new to worry about, except that Showbiz 411 offers a “Report: Movie Box Office On Track for Lowest in 25 Years as Spielberg-Lucas “Blockbuster Implosion” Omen Prevails.”
This leads to a completely off-topic discussion: Elaine and I have talking about my next books. I will preview the first few chapters of the next non-fiction book “Dimensions Next Door: The Earth’s Simulation Framework” tomorrow for Peoplenomics.com subscribers.
It’s an oddity in that I’m not sure anyone has written a non-fiction book in advance of a novel to explain the concepts in the upcoming fiction book (Grav – a David Shannon Adventure).
But, in a way, it all relates to the problems of Hollywood. See, there’s been a growing fascination with plot lines that don’t have broad, mass appeal. Oh, sure, the odd gay film, the odd trans, the 50 (or are we up to 450?) Shades of whatever are flashes in the pan.
With the lack of wide-appeal content, I’m shocked that my first David Shannon novel (DreamOver: Action-Adventure on the Frontiers of Reality) wasn’t so much as even considered by screenwriters. I’ll admit the appeal of a high tech geek and a stunningly rich (straight) wife in real adventures might seem boring to some… Hollywood hasn’t been in mass appeal mode often since Harrison (which runway did you say?) Ford did the Raiders series.
Damn shame…but it’s typical of the narrow-cast mentality. Another aspect of Divide and Conqueer: World of 36 bathrooms.
I’ve given up counting the news channels. But Hollywood has gotten so damn preachy/marketing about the left’s agendas that they have forsaken good, clean adventure. Jason Bourne? You bet. James Bond? Yep…good stuff. Chainsaws, axe murders, and kink-instead-of-think? Not so interesting, especially if you’ve been a beat reporter and seen enough vics for a lifetime.
By the way, on things literary, the new Clive Cussler novel is due out on the 24th: Shock Wave is part of his Dirk Pitt series.
Hmmm…I see we’ve strayed to the hole, so back to the doughnut…
Data Data Everywhere…
Busy day for George McDuck. (If that doesn’t make sense, try re-reading the Monday column.)
First meaningful morsel is retail sales. And, as always, we point out the doughnut here is auto sales:
Advance estimates of U.S. retail and food services sales for July 2017, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $478.9 billion, an increase of 0.6 percent (± 0.5 percent) from the previous month, and 4.2 percent (± 0.9 percent) above July 2016. Total sales for the May 2017 through July 2017 period were up 3.9 percent (± 0.7 percent) from the same period a year ago.
The May 2017 to June 2017 percent change was revised from down 0.2 percent (± 0.5 percent)* to up 0.3 percent (± 0.2 percent). Retail trade sales were up 0.6 percent (± 0.5 percent) from June 2017, and up 4.3 percent (± 0.7 percent) from last year. Nonstore Retailers were up 11.5 percent (± 1.8 percent) from July 2016, while Building Materials and Garden Equipment and Supplies Dealers were up 8.3 percent (± 1.9 percent) from last year.
Since retail drives everything, the market will likely overweight this compared to our next tidbit: The NY Fed Empire State Manufacturing Survey on the NY Fed webpage reports even more glowing news:
Business activity grew strongly in New York State, according to firms responding to the August 2017 Empire State Manufacturing Survey. The headline general business conditions index climbed fifteen points to 25.2, its highest level in nearly three years. The new orders index rose seven points to 20.6 and the shipments index edged up to 12.4, pointing to solid gains in orders and shipments. Delivery times continued to lengthen, and inventory levels moved lower. Labor market indicators pointed to an increase in employment and hours worked. Input prices rose at a faster clip than last month, while selling prices rose at a somewhat slower pace. Indexes assessing the six-month outlook suggested that firms were very optimistic about future conditions.
And then we have import and export prices to weigh.
Tomorrow, for subscribers to our www.Peoplenomics.com premium service, we’ll have Housing Starts and the mid-week look at our charts that have done a more-than-passable job of navigating the Sea of Insanity so far.
Why, toss in the first five chapters of the non-fiction book on the border war between Science and Religion, and it should be worth far more than the 40-cents an issue investment.
Dear Janet Dept.
Please see the action of the German Constitutional Court: The Germans are saying that the European Central Bank is acting illegally in their $2.3 trillion Euro asset purchase program.
What’s the real deal with you Central Banker buying up assets?
Yes, ma’am Chairper, with the Fed holding (how many trillion? $4+ T is it?) in assets and now the EU buying up assets, there are some of us not-quite-conspiracy-minded economic wonks seeing a pattern here:
Central Banks buying assets and then renting back people’s lives to them.
Z’at ya’ll’s plan? Bankers who don’t produce anything, but rents us our money, owning the whole freaking world? Also seven trillion in banker assets now, we notice.
Beware the peeps with pitchforks. A few are onto the game and it seems crooked…especially while printing up M1 at 10% plus rates while real growth is down around 2%, know what I mean?
Always a big field to plow:
Texas GOP rep wants Mueller to testify on Russia probe. Never happen. The Swamp wants Trump gone and the more amicable Pence in. It’s just taken ’em more time than they expected. Fish!
Meantime, does this sound like the fifth column sounding off? “Would a public that doesn’t approve of Trump follow him into war?”
The Word Tomorrow
Garner Ted Armstrong? Nope. (You may be too young to remember…)
And What Does THIS Mean? Dept.
Since docs don’t prescribe or treat financial ailments, seems to me like potential for another unholy alliance forming to take your blockchain profits…but you know me: Skeptical!
By the Way…
As I told you would happen in my “The Great Hesitation” report back in June, and how many times since?… “We could see Bitcoins pop through $4,000.”
Markets today were quoting $4,060 paper tulips per digital tulip this morning.
I won’t be the one to mention that paper is EMP-resistant but blockchains are not. That’s the joy of tulip ownership, I suppose…
Dow opening up 50 for the McUre ducks.