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
The human genome is in the driver’s seat and that’s not something to look forward to in the coming year. 2023 has a ton of very dangerous trends converging in H1 (Q1 + Q2) and the odds of continuing to sink into a Second Depression are high. A look ahead including a longer-range planning view … Read More
The market today will be starting (based on early futures) with a modest upside bias. Which is due after the “downstroke” of the M that we posited earlier. Our outlook continues to expect a major decline in over-priced housing over the next six-months. Not to Be Conspiratorial But… My consigliere and I are both very worried … Read More
As we’ve been telling you, with Housing loan rates in the 7.9 to 8.1 percent range (depending on military service, credit scores, lenders and yada, yada, we know that net cash to sellers is going down. So, it’s only reasonable that prices would be along in kind. “NEW YORK, DECEMBER 27, 2022: S&P Dow Jones Indices (S&P … Read More
This might turn into an “M” week. That is, up at the open today (if futures hold – housing will pop first) but then petering out after the commercials get back from stuffing presents. That may lead to the “downstroke” of the M’s middle around tomorrow and into Thursday. But a pre-holiday frosting rally can’t … Read More
Since I’ll be on Coast-to-Coast with George Noory, and since markets in the U.S. are taking this Boxing Day off, what better time to sit back with a fresh cup of coffee and ponder the three major agenda items that all 8-billion humans face a week from now when New Year’s Eve shows itself. The CLOCK IS … Read More
The (super) early Futures pricing wasn’t showing much oomph prior to the GDP figures and the Chicago Fed data just out. GDP first: “Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the third quarter of 2022, in contrast to a decrease of 0.6 percent in the second quarter. The … Read More
You do know the “worst of times” is when you might actually have time for a big project, right? With the problems in the economy unfolding in the wake of last week’s Fed decision; and with more financial concerns about the period ahead, we step out of our usual “let’s make some money” reports to … Read More
We are beginning to wind down into the holidays. Tomorrow, though, a very useful Peoplenomics report on estimating small house/microhome projects complete with spreadsheet to do the heavy lifting, As a “mood setter” for this kind of project (son G2’s planning his build this spring) it’s useful to look at three things. Overall direction of the … Read More
I don’t know where the idea of the “Silver Bullet” came from. Perhaps, it was the Lone Ranger in the youth of Boomers. There was a lot of “silver” in that teevee series. Lemme see: Jay Silver Heels played the BF Tonto. The original masker rode the (high-ho of Hi-Yo, or “Hi ho’”) Silver four-legged vehicle. … Read More
[Reader Reminder: Use the light symbol, lower right to change screen colors from night to day. Helps many of our visually challenged readers (like me).] Is there a Black Monday, or Tuesday, in our future? Today, we not only do the “usual” Saturday ChartPack for subscribers, but we also leap the high board at the … Read More