Breaking: Challenger Jobs Cuts soar to an 11-month high: Job cuts announced by U.S.-based employers jumped 106%, from December’s total of 32,843 to 67,735, the highest monthly total since February 2019, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. Last month’s total is … Read More
You can’t live 70+ years – filing tax returns for 57 years – and not learn a thing or three about how to make tax-time easier. Since most of the major brokerage firms will have their data ready for import into tax software programs in a week or two, I sat down and started the … Read More
“If they can run a Caucus, how can they run a Country? – G. Ure None Won Iowa The first BPL (Big Pant Load) of the morning hails from Iowa. Remember, we framed last night’s Iowa Caucuses as a “Statewide IQ test.” Well, the whole left-side of the state failed. As of this morning, the … Read More
Doggonit! If I had just looked at the market charts, instead of working in the shop this weekend, I would have seen that the Chiefs were going to win. Because? (For those of us not hooked on Vegas-style T&A half-time shows, having sourced our own locally…) Investopedia has a good article on the “Super Bowl … Read More
Out here in the Outback of East Texas, we are continuing with prepping for a global pandemic. As of Friday, the numbers were edging up toward 10,000 cases and 200 dead. A modest 2.1-percent fatality rate, except for a few asterisks. One is that the disease can take up to 14-days to present symptoms and, … Read More
We have a surprise from us “Hicks in the Sticks” – Tech is losing its Urban bias. Sure there are some drawbacks to remote living, but thanks to technology, we’re catching up fast and the lifestyle rocks. More detail – and something of a short urban mass migration history – after we run through our … Read More
Up early this morning. We have much to discuss, hence the Epistle-length report. Data Danger #1: M2 Collapsing The first is a major story about the future of America’s economy. Buried by the China virus and the ongoing demo-Coup coverage, the Velocity of Money is free-falling again. What it is: “Velocity” is the Gross Domestic … Read More
I am absolutely sickened by the apparent “fix” in the impeachment scam that came out for a second day running when Senator Rand Paul wanted to ask a question during the Q&A period. Presiding “Justice” Roberts turned down the question. Censoring it. To us, looks like “the Fix is in.” This isn’t a trial…it’s a … Read More
Yeah, we don’t like Extremism, either. But have you noticed lately, everyone seems to be a crook, illiterate and ignorant of America’s founding Principles, as they’re off working their own game plan?” Manic Friday just ahead. When we take the high-level view, it’s like the values-based, clear-thinking, financially-savvy, American Middle has been teleported “off-planet.” We’re … Read More
One of the biggest stories of the month – swamped by the District of Circus and the viral news of out China, is that the World continues effectively in negative rates. What follows is a roadmap as to how this works and why so many people aren’t understanding the mechanics of what’s ahead. Gold and … Read More
Just out from Case-Shiiller/CoreLogic/S&P: 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 3.5% annual gain in November, up from 3.2% in the previous month. The 10-City Composite annual increase came in at 2.0%, up from 1.7% in the previous month. The 20-City Composite posted … Read More
Earlier this morning, the Dow futures were pointing to a higher opening, by some 140 points, or thereabouts. Unfortunately, since we closed under the present trend line in the Monday session, this may be a simple “wave 1” (Elliott) bounce before the next move down. Time will tell on that one. Dead cat bounce, anyone? … Read More
Extra-strong coffee this morning as we eye the futures market with only one question in mind: Will the Trend Channel hold? Let’s throw on some theme music (“ Lifetime Piling Up” works…) and drop back over the past couple of weeks. I’ve been saying both here on the free side, and also on the Peoplenomics.com subscriber … Read More