A week from now, we will be thawing turkey and telling you about coldzilla or freeze-my-geddon. But this morning, we are stopping at the accident scene on Wall Street on the way to real work. STAT! Broken Neckline We made something of a big deal in our Wednesday Peoplenomics® preopen report about the (then) pending head-and-shoulders formation that was … Read More
Alright. Keep your shirt on and shit together. Here’s the CPI everyone’s been waiting for: 7.1 percent and 6.0 all-items. “The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in November on a seasonally adjusted basis, after increasing 0.4 percent in October, the U.S. Bureau of Labor Statistics reported today. Over the … Read More
Another Monday in the Great Game of Life kicks off with a reasonababble writer on the sidelines holding up a stack of Monday cue cards. Tuesday Data Watch We see the Biden administration lobbying of the Federal Reserve ahead of their rate increase decision Wednesday. As Treasury Sec. and former Fed chief Janet Yellen is … Read More
Feeling a bit compulsive, are we? You bet. We are in “field position” (to toss in some sports book lingo) to really drop – and hard – before whatever the Fed decision is coming Wednesday afternoon. One thing the charts are telling us? I won’t say it – better that you should see for yourself. … Read More
Of course, the problem is always “Which way will this puppy break?” While we never offer financial advice, we do – strictly for entertainment – have an interesting point of view on markets. The first is how cyclically repeating they are when viewed in the long-term. The second is that individual indexes don’t offer as … Read More
Our usual Peoplenomics fare is a hardnosed look at data involving cyclicity in long-term market directions. However, have you noticed that the Markets of late look like they may be taking our call of a massive third wave down collapse very much to heart? America is entering a “beliefs and values” crisis. Today we discuss … Read More
After the not wholly unexpected market decline Monday, there’s not really much to say about what happens next. Early futures revealed a slip and slide downward was possible, although, with Gold up $8 bucks early, and the dollar down proportionately, we wouldn’t be surprised if this wasn’t a small half-day (or better) rally. Futures were … Read More
WHAT???!!! No mention of the Hunter Biden revelations about Social Media and the FBI on the front page of the big DC paper this morning? But you already knew that, right? Huge story in the tech-competent thinking class, though. Language matters: Stonewall Idiom Definition (grammarist.com) With good reason… Miranda Devine of the New York Post is … Read More
Remember the Talking Heads song “Lifetime Piling Up“? Well, what’s going on now is a kind of rhyming riff off that. When long-denied social media fairytales turn out to be true. We expect a growing sense of confusion and uncertainty into year-end. Because stock prices no longer relate to growth, crypto gambles are turning into … Read More
Let me huff a bit on the whiteboard marker before we rock the morning for you… This being the 21st Anniversary of the Enron Collapse. (Ah….) So, here’s the “real deal” on jobs. Pop Size Matters U.S. population at the end of 2019 was around 328,239,523. (*George scrawls this on the board.) At the end of this … Read More
Hmm. Bunch of fresh data beginning with big layoffs in Tech: Challenger Job Cut report is just out: “U.S.-based employers announced 76,835 cuts in November, a 127% increase from the 33,843 cuts announced in October. It is 417% higher than the 14,875 cuts announced in the same month last year, according to a report released … Read More
Every year, we take a fearless poke at the future and explain our basis for ‘Life Planning’ for the coming year. The process is never simple, though. Something as complicated as one’s Life and as intricate as a global economy is more than a 5-minute essay! Today, we kick around some of the data sourcing … Read More
Durable Goods and a PMI report tomorrow? Spiced with the latest crypto religion revival talk? Like Hecklefish says, “Oh boy…” Our consigliere was just south of Little Rock (*Arkysaw) leaving us just time to make the last-minute food and booze run. Turkey will be tomorrow night and prime rib Thursday. If you’re in the neighborhood…keep driving. For … Read More