Amazing Echoes of the Twenties

I spent a fair number of hours this week going through the 1928 and 1929 newspaper morgue of the Library of Congress online.I loved it –  a grand non-numerical way to “sense” the rolling end of the Roaring Twenties and look for plays today that rhyme long-past events. We’ll get to it, just as soon as headlines, charts, and several cups of the bean get us rolling. More for Subscribers       ||| SUBSCRIBE NOW!       |||   Subscriber Help Center … Continue reading

Crash Odds Down Slightly – Tax Robotics?

On  the Peoplenomics side of the house, we will be taking on a very complicated subject in the ChartPack tomorrow:   How much of our contradictory signals in the economy right now can be traced back to corporate tax reform? And while THAT debate (and modeling) continue, there’s the matter of the coming jobs collapse thanks to robotics.  One of our astute readers caught the headline “Introduce robot tax, or face massive economic disruption warn lawyers” and was kind enough to pass it along. The problem with robotics (*and factory … Continue reading

Coping: With 3-Finger Aliens and Phones

A bit of something for everyone this morning,.  I mean if the aliens aren’t of interest, surely your telecom costs are? The alien story – now this is something.  Got an email from Chris Tyreman up at “I don’t know if I mentioned this before, but the Jewish blessing is done by holding your hands like Spock’s greeting, live long and prosper.  I always wondered if it was not a mimick of the Originators when they originally blessed Adam and Eve….Then these guys show up.  (Link to 3-finger alien story) … Continue reading

One Week to Market Crash?

I will make it really, really simple for you in case you haven’t paid attention:  I’ve been mentioning the possibility of a stock market crash on (or around) March 22 for about a month, now. It’s not all that had to figure. It was 55- calendar days from the market highs in early September 1929 until the brown stuff that smells bad hit the rotator back when.  We may be set to replay that pattern – in spades. (continues below)   If you are skeptical, let me line up some of the … Continue reading

Coping: With Ideal Working Weather

Tell you what:  Last bit of winter up until Memorial Day is about as good as it gets for getting outside projects done.  Ides of Match party it is.  A work party. History of the Ides in a nutshell?  Wiki it: “It was marked by several religious observances and was notable for the Romans as a deadline for settling debts[2]. In 44 BC, it became notorious as the date of the assassination of Julius Caesar. The death of Caesar made the Ides of March a turning point in Roman history, … Continue reading

Doctoring Your Numbers

I have the good fortune to have an excellent doctor here in Palestine, Texas.  His problem?  He has the very bad fortune to have me as a patient.  This week, I got the results of my latest medical exam…and a discussion of “the numbers” is of great interest since most of our readers are “grown-ups.”.  And, when figuring estate-handling, life plans, and such, having an idea “how much time is left” is a very useful thing. First, though, some headlines, including this morning’s fresh market data, and the ChartPack.  Best … Continue reading

Did Prices REALLY Go Up?

Before we get into this morning’s Consumer Price Report from the Labor Department, a reality check is suggested because of what I’ve long-held is one of the Big Lies in economics. I refer to what John Maynard Keynes talked about:  He sold the marginally-sane idea that there is a prevailing level of prices.  It is this, argued the Keynesians, that determine what goods and services cost.  They’re wrong, of course, but we’ll get to that. Sadly for the U.S. ever since, we have missed the whole source of booms and busts … Continue reading