Month: August 2017

The M1 money supply is being pumped like mad! Source: https://www.federalreserve.gov/releases/h6/current/default.htm

While the doom porn industry has been having several years of failed predictions about the pending “doom of the US economy” the reality is that we continue in a major up-trend that only seems likely to stop when we have completed an historical rhyme off events of 1929. In that year, when we count the … Read More

We may be seeing the “leading edges” of the passing of the modern Automobile business model. A short trip down History Lane to put this all into perspective, starting with two snips from Wikipedia to set the course.  First, the historical origins: “Nicolas-Joseph Cugnot is widely credited with building the first full-scale, self-propelled mechanical vehicle … Read More

Normally, we don’t mention such items, but we have been experiencing a dandy story here in East Texas this morning. Since 5 AM we’ve had more than 5.5″ of rain dumped on us, and doing a little math on how much water than is for our 29-acre patch of Paradise, it pencils out to about … Read More

If we were to take our money off the table at the close on Tuesday, it would be a $28,670 experiment and we would book a tax-loss carry forward to offset other gains earlier in the year. But that’s the thing about investing in stocks:  Unlike roulette or other ‘games of chance’ the high art … Read More

I’m thinking the latter – but as the week unwinds with jobs data starting tomorrow through Friday, we ought to get a better bead on things. Driving markets to the upside, we know that the Federal Reserve has been pumping up the H.6 money stock lately at a 9.5% annualized rate (Table 2, H.6 here).  … Read More

If you head over to https://www.timeanddate.com/eclipse/solar/2017-august-21 you will see there is a useful list of cities and the times associated with the upcoming solar eclipse on August 21. That in itself is no news flash, but since this eclipse will be happening when the market is open, and there is plenty of woo-woo around all … Read More