We have the latest Case Shiller/S&P/CoreLogic housing data just out: Headline is a 20.6 percent annual home price gain which is super inflationary: 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 20.6% annual gain in March, up from 20.0% in the previous month. The … Read More
(Part 1 of today’s report. Part 2 (Housing report) will be up about 8:15 AM Central) Time to pick up the remnants of the 3-day weekend and roll back to the job – if you’re not yet in one of the Dole Classes. Let’s do a little Future Tripping and lay out some of the … Read More
[Exceptionally long (for the free side). But go ahead, take some time and relax with it… Holiday, and all.] Today’s coffee klatch of day-traders and tool sluts is now in order! Our usual dose of news, but then back out to our shop as the weekend enters its final hours. (Gimme a chorus of “Damn!) … Read More
Since this is a holiday weekend, and except for go-fast cars and boozing it up a bit, and not much else going on, I thought we could spend today on Tool Slut Education. So, people new to (pissing away ungodly amounts of money on) vintage tools will get to know some of the makers and … Read More
This being a holiday weekend, we will mainly focus on charts. But that doesn’t mean there isn’t plenty going on. It’s just some of it is below the surface. We will, of course, “scratch that itch” a bit. It’s what we do. We also drop into a reflective mood in a snip from the Reporter’s … Read More
Before we get started with the news, collapse of civilization, and never-ending excessive government, let’s have a “group moment” and look into the future. Channeling the Future The early futures pricing had the Dow and the S&P up. Yet, the dollar was stronger, too. Which often (but not always) means it will “take less dollars” for … Read More
Early futures were still pointing up when I first checked on them about 3:30 AM. Apparently, our “pre-holiday” blow-off is continuing. Although the mania formerly known as crypto mania is missing the boat. BTC was under $29,000 last time I checked. Here’s the latest from the Economics Desk of Rip N. Reed: GDP Important to … Read More
A Peoplenomics report today which is sure to get a large following, both with centrists and (probably) with fusion centers. How many times have we told you how sick we get of people griping, whining, and becoming simple-minded, media-sucking, babies who don’t offer strong, effective, long-term solutions? I don’t know about you, but I haven’t … Read More
Short-form thinking is shorting out. I’ve written a lot over the past 20-odd years on a problem balled-up as “Information compression distortion.” (ICD). Common problem in DSP, graphics and streaming, Essentially: When information is over-compressed there is “distortion of message baked-in the cake. So (other than pointing at most of Twitter and FB) we now have a fresh … Read More
We covered the groundwork, for what is threatening to be yet-another public health bureaucrats’ globalist-backed power-grab. Back in July 2021 we wrote: “Leaving us to wonder “Is this the short everyone should have seen coming, or does Savior Joe have a plan to pull it out?” That’s before we get to MonkeyPox, though: Monkeypox outbreak fears as … Read More
If you have ever tinkered with any kind of serious welding gear, there’s one simple – inescapable fact – that we can’t get around. Stuff’s heavy! You need a cart. Now, not everyone has a poured and polished leveled concrete shop floor in their home. Out here in the woods, my shop is a “redneck … Read More
Bear! The report that the stock market (measured by the Dow Industrials) has now experienced its longest losing streak since 1923 is certainly no surprise around here. Our subscribers have enjoyed the advantage of a multiple-index, equal dollar weighted average to help put present day – and historic al times – into perspective. Overall, though, … Read More
With no major financial stories to parrot, (Dow futures +236) we find ourselves, once again, stuck in “The Investor’s Dilemma.” Which happens when we have “conflicting inputs” for investment decisions. You see, just as the (bicameral) brain often operates like a deadlocked House vs. Senate, and just as duality appears in poetic as compared with … Read More