While musing on the tragedy of Silicon Valley Bank, we were reminded by our consigliere today that indeed, the Media is the Message. As this clip on YouTube shows the problems of SPB; not SVB – but close enough… Sort of the same plot, don’tcha think? South Park Bank musta been channeling the future. Well, back … Read More
Silicon Valley Bank is likely not to be the only bank in this period to go down. Because in our work in long wave economics, for more than 20-years, the severity of economic recessions (and “depressions”) the number of failing banks in a period is a good (early) indicator as to severity. For example, in … Read More
I wrote in this morning’s column thusly: “What we MIGHT infer from such tea leaves is a decline today (to the lower trend level) and then a half-assed rally Monday. “ Bingo! What we see evolving now with about 90-minutes to the close sure looks like we have punctured the lower side of BOTH the … Read More
The End of the World is not yet at hand. Yet, if you pay close attention, you can “almost hear it” at times. Let’s start with the market knock-down Thursday which will continue into this morning according to futures prices. Our Aggregate Index approach to markets shows pretty clearly the decisive area we’ve now entered: … Read More
Been a fine, if not damn near dandy week, here in the East Texas Outback. The time of year when “green up” happens – as the wild lands look greener than Ireland. The bank balances are greening-up nicely, as well. Because we have a useful kluge of a lot of technical gibberish and simple visuals … Read More
The tea and vitamin stack may get credit for this morning’s key insight. Namely that Global Collapse may be caused not by any of the “symptoms” that appear in daily news headlines. but, rather, it may arise because of inconsistent global notation (logical) systems. Shades of Logic Matter Notation as in three major sorts found in … Read More
Much to cover, but not a lot of really exciting headlines…yet. Those will be along tomorrow, when, for example, Mr. Banker – Jerome Powell – speaks. But it’s only the start of the week’s entertainment: ADP jobs Wednesday, Challenger Job Cuts Thursday, and the happily estimated federal jobs report Friday. All “What could go wrong?” … Read More
“The Road to Hell is paved with good intentions,” says an old (Ure) family saying. Further on it says “And it’s lined with idiots watching…” Now, we’re thinking the Road routes through Florida. At issue are misleading headlines. Like Florida bill would require bloggers who write about governor to register with the state | WFLA. … Read More
This whole “Woke” thing is on the rocks. But, sadly, not giving up without a fight. Case #1: Lightfoot Out As we told subscribers: “Woke Got Fired.” As The Hill reports: The Memo: Lightfoot is latest Democrat to fall to anger over crime. Nor will Lightfoot likely be the last. We hear from people in Oregon, … Read More
While in the shower Monday morning, one of those “Doh!” moments hit me. I won’t spoil the (deep) thought, but it explains nearly 100 percent of what’s going on both socially and economically around the world today. If you want to understand news headlines, read Joseph Tainter. Which we will lay out – vastly simplified … Read More
Bipolar disorder is a great place to start. Although, like gout, BPD does come with some benefits. Like super creativity – depending on where you are in the cycle. Over on the subscriber side, I’ve been working on the market BPD indicator. Which as the preopen today was trying to tell us: On the subscriber … Read More
You could almost hear the ice breaking under the weight of bloated markets this week. But the REAL trouble is apparent in this morning’s ChartPack where our rhymes with 1929 work says things are likely to go polyphonic. Plus, we’ll kick off with a “woo-woo” commentary – first person – and tell you about one … Read More
When I checked early this morning, Crypto’s leader (BTC) was down into the $23,800 range. Considering the high this week was over $25,000 three days ago; this was hardly encouraging news. The story out Thursday that got very little play was a joint statement by the Federal Reserve, Comptroller of the Currency, and FDIC. Bottom … Read More