We step out of our “ordinary” way of doing things around here to share a follow-up with our Peoplenomics.com subscribers because of how the ChartPack looked Wednesday. (Besides, this will give non-subscribers a sneak-peek at what goes on in the loge seats). Wednesday decline in the market, followed by this morning’s rally (and then a … Read More
One of the joys of studying long-wave economics for as long as I have is you develop a deep appreciation for the cyclical nature of socioeconomic events. People tend to gloss-over the social changes that swept across America going into the Crash of 1929. On the sexual front, the flappers were all about shaking up … Read More
Forget Las Vegas, Atlantic City, or even the Native American casinos that we’re fond of. There’s a more interesting set of odds evolving accessi8ble from any secure online device and a trading account… Right up front: This is NOT INVESTMENT ADVICE. This website only talks in generalities about the economy and tosses out ideas that … Read More
The Consumer Price Index is out just now, but before we get into it, a couple of “core” problems to be considered so you take the data in context. The first point has to do exactly with the “core.” The Federal Reserve uses a variant of the CPI called “core.” It’s the increase (or decline) … Read More
In my 2012 book, “Broken Web The Coming Collapse of the Internet” I made a remarkable assertion. When America gets into the next economic Depression (just ahead, wait for it…) there will be a massive government drive to take over the Internet. In fact, to emphasize my thinking at time, here’s a piece of… Chapter … Read More
One of the things beaten into my head in grad school back-in-the-day was to always look at Standard Accounting Ratios (SARs). A fine example is when looking at long-term data, you don’t go back and look at how many people were working last month, or even last year. You go back and pencil out the … Read More
We find ourselves in an interesting kettle of fish today with the markets taking the Fed decision Wednesday NOT to move rates as a negative. Forget the fact that most experts were predicting no move. That doesn’t matter to a world “on edge” about the Middle East, trade discussions, and, oh yeah, the ongoing left-wing … Read More
Case-Shiller, S&P, CoreLogic Press Release being with the headline “RISE IN HOME PRICES REMAINS STEADY AT 6.4% ACCORDING TO S&P CORELOGIC CASE-SHILLER INDEX ” which – since we’ve seen lumber futures fall 7% in the last two sessions, we truncated to a more believable ” HOME PRICES REMAINS STEADY.” No one likes to consider a … Read More
It is common-consensus in the media today that the Fed – which gavels in this morning and announces rates tomorrow at 2 PM Eastern – will not move to change interest rates. But we see a rather intriguing possibility now peeking out of our charts – namely they could. First, it’s axiomatic (around here, anyway) that … Read More
There is a mighty dance underway – somewhere between a waltz, the boogaloo with a side of the twist – and behind it, a major debate. Seems about half the smart people think news drives markets. The rest believe that’s wrong because any damn-fool can tell markets drive news. This week, we’ll be watching the … Read More
Well, here we go again: The daily attacks on Donald Trump, the miserable coverage by pseudo-journos, and again, none of it will make you any richer, but it sure feeds the ad machines that keeps network news co-opted since everything has a price. Easy to manipulate if you know how to do it. Just get some … Read More
“When Serial Innovation Fails” is our big ‘in-depth’ piece for Peoplenomics.com subscribers. As outlined in this morning’s restructuring note, this report will be out on Wednesday so that I get more “project time” weekends. We’re focused on quality now – and innovation, of course. We take two news stories are very much in-keeping with our … Read More
I’ve been re-reading a fascinating book on the how math really can ‘shave the odds’ in a gambler’s favor. The Hill and Wang book “Fortune’s Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street.” What makes the book worth reading is it a) shows the relationship between technology, … Read More