There seems to be something almost magical about 7.42 percent. Because here we are, rallying in the face of calamity. Although our first-leg down from the all-time highs was much larger than ’29, so too our bounce seems somehow drawn towards that 7.42% rally of the first leg down in 1929. You’ll remember what happened … Read More
I have made (yet another) pledge to myself to write shorter columns. “Save the juicy stuff for Peoplenomics subscribers,” I tell myself. And yet, Peoplenomics is only a couple of days per week, so occasionally – like today – we will offer remarks that are “out in the clear.” Like my mentioning last week that … Read More
Quiet morning here at the ranch. Very satisfying day Saturday, though. And all thanks to two simple concepts: Trust the science and multi-task your life. Let’s start with the science part because it’s an area where people seem to have a lot of trouble. Whether you’re talking a mechanic’s project, the finery of HF radio … Read More
A look at some future “bounding problems” ahead for young people. Which from our standpoint, lately, is anyone 50 or younger… On our podcast this morning, some discussion with Canadian author, broadcaster, serial entrepreneur and religious studies expert Chris Tyreman – who will give us some perspective on Covid-19 from north of the border. Podcast … Read More
The IISM Manufacturing Index and fresh Construction Spending are likely to influence the market very short-term today, but there are three socioeconomic questions that are much more important than, oh, even a pending Boeing layoff in the Seattle area coming shortly, says the rumor mill… Can the Economy “paper-over” the collapse of underlying values? Who’s … Read More
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