There’s little in economic news today. And certainly, in the “news flow” only a few things project forward as interesting and worthy of your attention. Which leaves time to be entertained by the Court System and high-profile cases. Like Business Insider’s coverage in Everything You Need to Know About Musk’s ‘Funding-Secured’ Trial. Reading through the case, … Read More
I keep looking for Educators to get sick of re-dividing America. Rather than tell us how we are “All different” and “All special” it would be refreshing – as we see it – to bring back at least some baseline “Not a Victim” hands-on skills. I looked over the last month of two of Amazon … Read More
How long ago did I tell you? We are likely in a large Wave 3 down now. Hold that thought. Couple of hot economic numbers to deal with before we go deep. Breaking: Housing Data Or should we call it “partly broken?” Key part: Building Permits Privately?owned housing units authorized by building permits in December were … Read More
Since this is a holiday weekend (no work Monday for many) I didn’t get serious in the shop real early Saturday. Too damn cold. It was 26 F and will be in the high 70’s today. You know the saying: “Pappy didn’t raise no fool.” Besides, I’m grappling with a case of woo-woo. Hell of … Read More
I’ve been doing a lot of work on Ure’s personal taxes this week. It’s the time of year when a collection of red folders come out and various tax forms go into the folder after being entered in the “tax working directories” with backups, data dumps, and the odd spreadsheet. The best single tool anyone can … Read More
The confusion between “urgent” and “important” is common to both professional time management training and the field of journalism. Although, in fairness, journalists are way off the pace, much of the time. That’s because news is managed almost everywhere in the world. Except here, in the U.S. where it’s not on the King’s Land, and … Read More
I spend a ton of time in my office chair. Every day of the week, I’m out here in my “office” from, at latest, 5 AM until I knock-off, which is at earliest, 3 PM. That’s when markets close here. Now, to be sure, I try to get up and walk around for a few … 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
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
A little “mood setting” is in order. Too many years as a rock & roll (and country) newscaster doing mainly mornings, teaches music first, then news. Perhaps “Wrap it Up” by Sam & Dave would work? Or, perhaps, the “Long and Winding Road” would be better? Well, to each their own. For us, Abba is more … 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
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