Wow – some rally Friday, huh? Gobs of jobs. But real? That’s what we tackle in our ChartPack today because antics of the swamp aside, there is nothing more important than hanging on to the money you have so you can get things of value. Which – rather remarkably – used to be a simple … Read More
It’s a nice Friday. My new CPAP machine is working great, thanks. With a good night’s sleep, along with a forecast high of 74F today, what could possibly go wrong? As it turns out: plenty. Long-term? Dismal Being a self-centered, greedy, semi-retired scrooge, let me huff on the whiteboard marker and begin with the market outlook … Read More
Not a fan of Joe Biden and his woke/left lying alliance of blustering bureaucratic blunderers. BUT he managed to get one thing right, so credit where due: Biden: GOP speaker drama ’embarrassing,’ ‘not a good look’ | AP News “Bad Look” is Right I don’t like to use (highly-accurate, descriptive) words like “shitshow” at breakfast. So, … Read More
Once upon a time, “Value Investing” meant something. Back in a time when companies had “positive book values.” In other words, when the plant, equipment, and other valuables were sold (like patents and branding) there would be something left over. This positive number was then compared with the most recent market price to establish a … Read More
The Hysteria Outbreak before today’s open was pre-dickable, if you will. The odds of a nuclear “event” was real this weekend, and we might imagine some form of “relief rally” could be justified. But on reading how the Bond Market just experienced its Worst Year EVER (For Battered Bonds, Threats of Further Losses Linger – … Read More
Which says, in too many words: “(3) Instead of a holiday that is designated under subsection (a) to occur on a Monday, for an employee at a duty post outside the United States whose basic workweek is other than Monday through Friday, and for whom Monday is a regularly scheduled workday, the legal public holiday … Read More
A lot going on this week and so no “ShopTalk Sunday” until next week. With the papal passing, we were dealing with our own loss locally. Our beloved Zeus the Cat passed quietly last night after a long illness. He was 96 in people years. A good run for a feral cat lucky enough to find … Read More