Finance First I would not be surprised to see the market end the week about where it was after the Fed announcement Wednesday (more save-the-bankers, crap). Sent out an email to a few colleagues: “The Wednesday close of my Aggregate Index was 0.317 percent (3-10ths of 1 percent) above a picture perfect Fibonacci retrace of … Read More
Another one of those [possibly meaningful] lucid dreams of mine. This time it’s about who “owns the future.” What’s interesting is that ownership of that may be up for grabs. In the charts, we’re wondering when Wave II up (from the Feb. 19 high to the A-Fool’s low was 1-down and since we’ve been in … Read More
Wow – but remember, this is FEBRUARY data so virtually NO IMPACT of the CV-19 pandemic showing here: YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 4.2% annual gain in February, up from 3.9% in the previous month. The 10-City Composite annual increase came … Read More
Which, if it sounds a bit oblique, means we will share our regular stuff first and then follow-on with the Housing data due to roll about 8:15 AM Central time. I will be hitting “Publish” multiple times this morning, as storms are moving through the area and you never know about CenturyLate‘s internet service when … Read More
Been a while since really useful woo-woo has shown up in my dreams. (Remember my book Psychocartography – Mapping the Human Dream is available on Kindle.) But last night’s adventures – which will be recounted in detail on the Peoplenomics site Wednesday – really cleared up a lot about where America is right now. But, if there’s … Read More
A quiet Sunday around the ranch: Working on the ongoing list of projects so that as we sink deeper into Economic Depression, we will be as best prepared – as much as anyone can be – for such events. 3-million cases this week, over 200,000 dead. One of the reasons I have maintained a “bug-out” … Read More
Short for “Time To Re-Think Texas?” Don’t get me wrong, we love this place beyond belief. It has almost everything we could want. More than a million square feet of land. Since there are 43,560 square fee, and there are 28.82 of them (more/or less) then 1.256 million square feet, or a square 1,120 feet … Read More
A simple snip from the (not so) Federal Reserve on what we’ve been telling you was Making Up Money (MUM) policy. See 3-months M1…and think about buying a wheelbarrow… All of which exposes the key economic question: If the stock market was to drop 30%, but you threw in an offsetting amount of cash … Read More
Hard choice this morning, trying to “call it right” in terms of what will impact people’s lives most. We remain on the cusp of economic Depression, the main driver of this – the virus – is still rolling with some areas reporting upticks now. As a consequence, the food situation is getting dicey – with … Read More
We’ve probably all heard the old saying “When Fortune hands you Lemons, make Lemonade.” Old sayings like that become old sayings because there’s an element of Truth to them. And so, I got to thinking about how Elaine and I could turn Covid-19 into a positive thing in our lives. Surprisingly, the answer was simple: … Read More
A cryptic graphic related to this morning’s discussion in the ChartPack: As always, we shall see…just remember 1.7% and we hit it within 20 minutes of the open. g
Two items matter this morning: Understanding dynamics of serialized news will satisfy our “news junkies.” While “Trading channels with expectation ranges” may help those transitioning from Vegas to Wall Street. After the usual doses of news and this morning’s Charts… More for Subscribers ||| Not a Subscriber? SUBSCRIBE NOW! ||| Subscriber Help Center
With the Price of Oil crashing to lifetime lows, it has become apparent that the Fed has seriously screwed-up and does not understand what happens when hyper-deflation (here at the bottom of the economic long wave cycle) runs into hyper-inflation as demanded by compounding effects of interest on the federal debt. And egged further into … Read More