Well, rather than spend the day with this project (computer ate my first report) let’s go ahead and reconstruct the shower version of today’s report. First thing was to wonder if the Fed would look at Amazon press releases when Prime Day results come in. Yes, this is prime day – see deals here. Reason … Read More
Had the damn thing done and clicked “post” and the thing was deletyed somehow. Damn! More as I either fix or rewrite! G
My, ain’t ole Mr. Ure chipper and happy? Well, no. Some of the best shopping of the year (Amazon Prime Day is tomorrow) at the very time the Economic Sunset of America gets rolling with Wave 3 down. I mean the juxtaposition of this is flat-ass amazing. 1929 Meets WW 1 We’ve been here before, right? … Read More
All three tube-type oscilloscopes are gone. So’s a signal tracer, two full-sized vacuum tube voltmeters (VTVM’s). And an early Heathkit Signal generator. Poof. In a cloud of fury powered by Mrs. Olson. Headed to eBaying in future weeks. (Email me if interested.) I’ve decided that for the balance of my seventies, I’m going to focus … Read More
If – or likely when – wider war shows up, readers are already fearing a second-phase of the American die-off will arrive. Reader Stephen2’s comments on drug supply chains are spot-on. In war supply chains are likely to crumble. Rationing. Even of meds. Losing weight is hard, but dying could be harder. Today we also … Read More
Biden’s War Party seems to be doing its damnedest to usher in Global War in August. But first… How About Jobs? Dandy trading session. Although my expected rally into today’s close was muted. We expected a decline at the open. But from its session lows, the Dow rose from a session low of 33,771.47 to … Read More
Give that Economy a big spin! (If you haven’t noticed, there is HUGE spin on nearly every data point and news story even remotely connected to People’s Wallets…) Jobs Blowout ADP job creation numbers, the Challenger Job Cuts, and the Labor data on new unemployment filings. Let’s start with the 497,000 new hires which blew by … Read More
While not offering advice, I did mention to subscribers I’d gone short last Friday. Odd things happen in the long wave economic cycles. Positions of power and influence change. With it, nations rise – and as we fear out west – they can also fall. This will leave the U.S. to reprise the role of … Read More
Celebrate while you can. Financial markets are closed today in faux Americana. But they’ll be along tomorrow. In the meantime, the Big Predicament has not changed. Let’s begin with the Labor and Income ledger. Raise your hand if you are making more – on a real purchasing power parity basis – than you were a year ago. Or, … Read More
According to reports out of France early today, the widespread rioting has calmed down. Only 157-arrests overnight, according to this report: French police arrests fall sharply to 157 during sixth night of unrest (france24.com). Still, the French experience raises some troubling questions for us about how modern communications channels allow for “social contagious” – like … Read More
Today, we’re going to turn you into a competent basic radio operator. It may be a much longer report than usual, but it’s a four-day weekend for many, so what the hell, right? Much of this morning’s discussion will apply to radios other than the ATS-25 (and its many variants) that may be purchased on … Read More
Some major SupCo decisions this week and we find them most agreeable. But they are not popular, depending on which one(s) you talk about. Today our main focus, being a holiday weekend, is on the charts. We are eyeing the coming few weeks to see if the end of the Wave 2 rally will become … Read More