Wow! What a computational mess! Apparently the latest updates to the worldwide beta testers of W10 have left us in some kind of purgatory, so until we figure WTF, we will keep today shortish and to the pointish.
[Hint: In edge://settings/system turn off running tasks in background, turn off running processes when Edge is closed…and so forth and such on. We want nothing launching in background…sheesh!]
1929 – the March and the Question
First, a look at “the March” which – thanks to more than 500 points up on Friday – is still looking like the dandy ol’ replay of 1929 is tracking:
With a boatload of asterisks:
- The 1929 collapse is historical data.
- The modern data is our own (derivative work) called the Aggregate Index which we update daily.
- Past performance is not an indicator of futures…and any other disclaimers you can think of.
Still: Point is?
We gotta wonder how high (if at ALL) the latest stimulus moves will move the market.
Color us skeptical as Sinator Chuck Schemer tossed in a 58-page rider that will, according to reports, “…add billions of dollars for local governments, restaurants and child care grants to states.”
We are cautiously awaiting a real vote – House has to concur and then Biden signs – but have the BBQ warmed up and ready: Plenty of pork for everyone in this fine piece of tax-yokel jerk-around.
ANYONE remember Cyprus, except us?
And who ever heard of a $1.9-trillion stimmy that doesn’t move markets? Unless things are far more dour than even the manic depressive short trader-ego worries about…
While there are some minor press items about, on the (real reason to get up out of bed…MONEY side of things) markets have just another day of trying to play “Game the Gamers.”
We’ve like to see an early morning low, then in with enough hysteria to jam the market up more. Then maybe a high around the close tomorrow since a sell-off on Consumer Inflation Wednesday could be interesting.
Mainly, though, we’re watching with a detachment reserved for train wreck and accident gawking. God-awful interesting but not personally meaningful.
No better bucket-name comes to mind for this morning’s brain-numbing collection of BS passed off as “news.”
We are “royally screwed” is maybe the message? “Meghan Markle, Prince Harry’s Oprah interview led Prince William to approve bullying investigation: expert.”
A Real financial story lurks in ZeroHedge’s “Nasdaq Futures Tumbles As Value Surge Makes Europe A Sea Of Green.” The story the dim’s won’t mention: Late last week, we dumped tariffs on Euro goods. So, now THEY are back in line replacing goods which could have/should have been made here. Hell of it is, the working stiffs (17 remain, lol, everyone else is working directly or otherwise for the govt.) don’t see how the democrats run as the worker’s champion and then bend ’em over for the really Big Money. Slow is as Slo leads, huh?
Freedom – for the jabbed few – is being sold, as we read “Singapore Airlines To Pilot Digital Covid Travel Pass.” Wasn’t going there, but still…
Racial divisions are good for ad revenues in the media. So every whit and nuance of the George Floyd police trial will likely be wildly reported and then commented, reposted, and bring your own matches. Here’s the setup: “George Floyd death: How will jurors be selected in Derek Chauvin trial?”
DemWit: “Cuomo says “there is no way I resign” amid harassment allegations.” Yah…we get it: Evidence? Run the Clinton defense?
With the Equal Rights Amendment in question, Fortune has a good read on how “‘We are backsliding.’ There are now fewer women in rising management roles than there were in 2019.”
By the way, Fortune, like us, also worries what it might mean when the dims hand out nearly $2-trillion and markets don’t seem to care…
Around the Ranch
Physical therapy seems to be working its magic. Elaine’s new hip is getting worked out as she wanders from one end of the house to the other. Zeus the Cat still doesn’t understand what a walker is and why he shouldn’t be in its path. Is he thinking insurance money? Or, is he just dumb?
Projects around the old joint in the woods moved along: The linear amplifier for the ham radio is back up. New power outlet in the shop (which feeds the dehumidifier in the gym/guest room got done.
A “padded toilet” seat adventure landed in the trash… too much “ARMSTRONG” applied. Didn’t like it anyway.
Lots of parts have showed up so it will be an intense projects week ahead. Weather’s great, too. BBQ baby back ribs Sunday (in honor of Schemer’s giveaways) and more sun coming this week. Couple of more weeks and we should get a bead on how many trees we lost due to the near zero-temps in the Bliz.
Speaking of which, Linda of Houston spied a piece of fat-cat banksters hauling in the long-green at the expense of consumers. Wallet vultures that ought to be on the endangered species list. With “friends” like these, who needs North Korea?
Sizing Up Food
Buddy in the meat dept. of one local food emporium was asked Saturday where is all the good meat? Terrible time to be part carnivore.
“I can get you those prime rib roasts you like, but case price only: $4,000…” He was going to do a kind of “mock prime” by cutting me a 7-inch thick rib steak, but even that blew up. No rib steaks came in.
The good news is that tenderloins ARE still coming in, so we won’t starve. But the hairs on the back of the neck have gone up. Something about the lack of fresh bean sprouts and the like.
As a result, the focus this week between various projects writing-wise will include getting plants ready. Of all the nightmares, the notion of a plantdemic keeps me energized in the garden.
Call it the “spidey-sense” going off.
Tough decision at the breakfast table: An “all American” (potatoes, sausage, eggs, roll, yogurt, banana, orange) or a piping hot plate of clam linguini. Light on the lemon in the clam sauce…
Trying to make up for my apple and cherry turnover festival this weekend.
Write when you get rich,