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Ton to go over this morning. First, though, a useful think, or two, about the fall’s economic calamity to come. Even if you’re not subscribing to our Peoplenomics newsletter, do be aware that even though a “hard down” is likely in the US economy this fall and into early spring, there’s a case (in the charts) for a massive (>10%) increase in the rate of inflation in 2022. Couple of reasons for this, but the falling …
With our Aggregate index long-term top holding (for now) we can project how bad things are likely to become over the rest of the year. Into next, as well. Despite other flaws, the advice about “buying Christmas presents early” from VP Harris does begin to make sense when we go off dot-connecting. Instead of a review of headlines and the ChartPack this morning, we’re putting it all into one general theme from which the logical …
Looks like the Wave 1 down and Wave 2 rally in the Peoplenomics Aggregate may be done. Dow and S&P futures are already down in the pre-open…and two news reports indicate structural problems for the financial sector might just be warming up. One at a time… Fed Ahead One of the issues to consider going into the weekend is the Fed meeting next week. Yes, another rate decision. But more: the Fed will need to …
A bit of a long woo-woo tale this morning, but incredibly useful in understanding the world. Thus, in addition to a look at Retail Sales just out, the new jobless filings, and a few other headlines, we will spend some interesting time in Ure’s World of Woo-Woo. First: The Retail Sales May I have the envelope, please? In words: “Advance estimates of U.S. retail and food services sales for August 2021, adjusted for seasonal variation …
Although I’m not a financial advisor, we do serve up an interesting mix of ideas for dealing with Social Security benefit reductions should they come along. Say, there’s a pretty safe bet, huh? Naturally, the fear porn industry is already offering projections. But they are wildly premature. On the other hand, some of the basic lifestyle choices that we’ve made over the last 20-years have really started to pay off big in terms of low …