We don’t really have much in the way of expectations for this pig of a market going into the weekend. The Dollar hadn’t moved much overnight, but suckers galore and “Buy the Dips” is often a sign of a Charlatan’s Convention. Dow was +220 an hour to the open. Our focus this morning is on the U.S. … Read More
Let me see: The stock market has dropped 10.6 percent in the last 12 calendar days and you wonder why this topic and why now? You are welcome to remain skeptical of our long wave economic views, but unfortunately, the replay of history is continuing as a bad rhyme with little reason. Seen BTC yet … Read More
[Reader Survey Questions (toss answers up as comments(: We may cancel our MailChimp service that sends out notices when new updates are posted. Anyone going to miss it? I miss $300/year… What is the ideal length/depth for our reports? Eyeing that 1,000 word area as an “overhead limit” with longer works only going on Peoplenomics. How … Read More
Right out of the box, I’d have to say that there has been tremendous fluctuation in the fate of hobby shops around the world. Covid, all that. Mark Your Calendar Home handy-bastard festival note coming up: National Retail Hobby Shops Association has a big convention set for from Sept 11-14 in Lost Wages. See here … Read More
Economics is much like meteorology, we reckon. Today’s report is as much for me (personally) as it is for subscribers as we line up the “match points” between the Great Depression and what’s evolving. Rather interesting exercise to try next time you can’t sleep and it’s 2 AM. Really ought to try it. Many have … Read More
A fellow seeker of the “right path” took me to task overnight for the Monday column opening. Where I wrote “There’s not a hell of a lot to yammer about this morning….” In which he pointed out that Evil is everywhere these days, a Drooler is coming for our guns (and seems fixated on 9 … Read More
There’s not a hell of a lot to yammer about this morning. So let’s! We could talk about real estate changing hands in eastern Ukraine I suppose: Russia-Ukraine war: Sievierodonetsk and Lysychansk being ‘levelled’, says Luhansk governor, as Russian shelling intensifies. Real estate values seem to be dropping? Or, we could talk about the Israelis … Read More
Play before Work, I always say. (But never actually do.) Where is the Welder Review??? There’s a “dog ate my welder” story in here… Today was scheduled to be a review of that Chineseum knock-off of the Smith Little Torch. That one retails on the Zon for (take a look). While the Chineseum was under $25-bucks – … Read More
Let’s see how well we can summarize what has been an ugly political opera this week remembering that old Joe South song from my rock ‘n roll pass: Games People Play. Three-War Monte is the aware person’s war metaphor for the old carnie game: “…also known as Find the Lady and Three-card Trick – is a confidence game in which the victims, … Read More
Before we get into the nuts and bolts of this morning’s two job reports (ADP and Challenger), I think there’s some dandy prepping advice to be had in a read of Jamie Dimon says ‘brace yourself’ for an economic hurricane caused by the Fed and Ukraine war. This entire attempt – at skipping a Depression – … 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