Jun 19, 2020 |
“Economists” call it “Modern Monetary Theory.” Wiki it and you’ll find the idea is dreadfully simple – make it up: “MMT argues that governments create new money by using fiscal policy. According to advocates, the primary risk...
Jun 18, 2020 |
Breaking: Weekly Unemployment Data Just out from Labor: “In the week ending June 13, the advance figure for seasonally adjusted initial claims was 1,508,000, a decrease of 58,000 from the previous week’s revised level. The previous week’s level was...
Jun 17, 2020 |
If MIGHT be really interesting. Pepto for the open. Sometimes, we have a pretty solid feel for how things MIGHT play out. From this morning’s (8AM) Peoplenomics ChartPack comments: “Although I don’t offer financial advice, there would sure be a...
Jun 17, 2020 |
Today, a prepping topic few people talk about: In the event TSHTF, how will you “chill?” Sure, we could ask hard questions like “Why are publicly owned companies giving away shareholder profits to “social causes?” But that...
Jun 16, 2020 |
Retail’s Back You can see it in this chart – even the auto sector is back in a big way: The Happy Talk? “Advance estimates of U.S. retail and food services sales for May 2020, adjusted for seasonal variation and holiday and trading-day differences,...
Jun 15, 2020 |
It’s a tough call to make this early. Why, the coffee is barely moving the needle, so far. Do you want to attempt to “see the future” based on recent past events, or does it work better for you starting with history? Like I said tough call! Before...
Jun 13, 2020 |
I’ve confessed to you before: I’m a tool slut. But some are probably asking “How does this help Ure hedge against a chaotic future? It’s a Value Play Seriously, the marginally delusional (moi) can make the case that in a complex society ...
Jun 13, 2020 |
When it comes markets? Everyone has a system: Elliott waves, Gann Angles, stochastics, the list is endless. Yet fractals are less commonly followed, so we value (in the extreme) when our long-term read The Fractal Economist (TFE) honors us with an occasional...
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