Oh no! George has roughed out another book idea. And subscribers will vote the project up or down. I hope it will be a harder choice than the choice in the fall election. Before that, a bit of pre-holiday news to go over and the market charts, of course as well.,.. More for Subscribers ||| … Read More
Incomplete data due to CV-19 in Detroit area. 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 4.7% annual gain in April, up from 4.6% in the previous month. The 10-City Composite annual increase came in at 3.4%, remaining the same as last month. The … Read More
We will take care of “real news” first, today. Down toward the end of this report you’ll find the “book news” and some research notes. More tomorrow for our Peoplenomics.com subscribers. Today Plus 2 An abbreviated trading week and before the housing numbers, the Dow futures were down a bit. Although we did a $60 … Read More
You ever shoot pool, or play golf? I want you to think back to the wildest of those times. To either when you rolled the golf-cart over while playing “polo golf” in the rain in Seattle at Jackson Field (Randy, my UPS driver a billion years ago, lost a $20-on that). Or the time at … Read More
Got up early this (Sunday) morning and a few minutes before sunrise, had a successful “test firing” of the new Harbor Fright Dust Collector: Not terribly noisy – and the old (small) unit will remain installed in a through-wall set up. It will be plumbed to move the 3D printer odors outdoors. I may upgrade … Read More
Earlier this week another “Tool Project” came home: The radial arm saw. To be sure, it will be a bit of work getting it into 100% to my standards of readiness. There may be some paint, a few rust spots to be “cured” and lots of elbow grease. Plus, a missing elevation crank has been … Read More
With a mix of terror and remorse, we line up the “history that logically follows” as the markets prepare for collapse. Just this week, for example the Federal Reserve’s H.6 Money Stocks report owned up to swelling M1 (cash and equivalents) at an annualized rate of 88.5%. While “doubling the money” (or close enough for … Read More
Normally, when you come to U.S. National Holidays, there is a modest upward bias to market action. Whether it’s from people anticipating good times (oh, and MAYBE a beer or six), or whether it’s just that pessimism fades in bright sunlight (from Vitamin D going up?), we don’t know. The reason, suggests a 2017 paper … Read More
Thursday Data Festival!!! Which we will jump into in a moment (there’s a lot of data today). First, we want to arrange the data plate that may leave you grabbing at the breakfast table. To hold on for a “white knuckle experience.” Deep breath, first… [aauuummmm manu padme auumm] (This is the Texas spelling…) Irwin … Read More
If stock market behavior, of late, hasn’t “hung together” for you, we have the answer! A very short – and pithy (as in “I’m pithed”) at the academic crookery involved in selling the scam called “Modern Monetary Theory” to the witless and stupid that comprise 80% of Americans. But, before we go into the fact-free … Read More
What was it I said in the column this morning? Here, let me help: “And I’m pretty-sure I had the “earthquake tireds” last night…so we shall see…In the Valley Between Eclipses, now.“ Why are we NOT surprised at: Event type: Earthquake Region: Oaxaca, Mexico Geographic coordinates: 16.035N, 95.909W Magnitude: 7.4 Depth: 23 km Universal Time (UTC): … Read More
Dow Futures were up 250-earlier. So what if CV-19 casea are growing? Hospitalizations up? Few showing up for rallies? Police being “defunded”? Icons falling? Who cares? Making Up Money is the “New Sheriff” in finance. Our Guess? Last-gasp of a failing global economic system. Torpedoed, in large measure, when “Slippery Dick” Nixon took the U.S. … Read More
We will “roll backwards” this morning. There is much to think about as the Summer Doldrums begin to swirl between the ears. Sure, a bit of tiredness this morning. But, is it a precursor (“earthquake tireds”) or just the result of taking Sunday off from my “High Photon Diet?” (Down 10-pounds, thanks for asking!) Social … Read More