COVID, CPI, and Sordid Details

A couple of grim realities, before we get into this morning’s Consumer Prices report:  The first is that CV-19 is nowhere near “whipped” and secondly, although social distancing has  slowed the pace, that may give us some important insights into the American propensity to “jump the gun” (and in this case, the shark). What are these data points (daily change rate in percent) messaging to Ure’s truly? Well, for one, the green areas are spaced …

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Covid Not Enough? It’s Gambler’s Thursday

We won’t trivialize the importance of what’s going on with the virus:  Looks like our first “bet” of the day will be what time we break the 1.5-million cases and when we pass through 90-thousand global deaths.  Any second now… Our forecasts have been better than nothing to plan around.  And we’re pleased to see a reasonable article over on Wired today “Death Cuts the Degree of Separation Between You and Covid-19:  If knowing someone who has …

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Delusions and Deleriums of Wave II Rallies

In case you weren’t clear on the answer to the question “Has America gone nuts?”  Allow me to lay the answer on you as a simple visual: As you c an see, we did a major decline from the all-time high of February 19th and we have been doing what in Elliott Wave terms is a great BIG Wave 2. Funny thing about Wave Two’s:  People tend to be as bullish about outlooks at the …

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COVID-19: The Meek Are Waiting

The Fix Is In:  Market will rally at the open this morning, but in the meantime, the president’s warning that the deaths will be piling up at faster than ever rates, has been displaced with a dandy sense of denial. Markets are working hard at creating “Greater Fools.” Let’s be logical, for a moment, though, shall we?  Let’s consider wherethe early-future’s rally was pointing and compare that with our 1929-equivalent  “field position” (if you remember …

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COVID Coping: Into the Second Depression

Since I’ve been  posting about the return of Depression to America for more than 20-years – suggesting people do quaint things like pay off debt, get rural, invest in food, make some of your own power, live where there’s water…you know, stupid ideas like that –  I’d like to offer some perspectives to anchor your future with. 1 – Collapse is No Joke – It Happens Acclaimed anthropologist and historian, Joseph Tainter, wrote a defining …

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