The study of Long Wave economics is always complicated. Because there is such an abundance of data to make sense of. You take the stock market of today. We should not be this high. And yet, on this Monday we have all three possible Futures (good, bad, and indifferent) laid out in the charts before us. … Read More
CFNAI and the new Unemployment filings in a sec. Top of the Day for us – and it is funny – trust me – is the latest… Wave of Irrational Congress It was just lovely to read and watch: Marjorie Taylor Greene Calls Boebert a ‘Little Bitch’ on the House Floor. Other reports were very similar … Read More
We ain’t just “whistling Dixie” when we say “Hot Mess.” (Has the song Dixie been banned by the ‘righteous’ yet?) We got us a blue light special on Mess going, yes sir. Buy one and get a free “hot”. Of course, it’s summertime, so what were you expecting? Climate change? Mess #1 – I-95 In this … Read More
History doesn’t precisely rhyme. But it gets pretty damn interesting when you take in the whole sweep of it. This morning, in the wake of Justice Department Charges Trump in Documents Case, along with the revelation that 12m Americans believe violence is justified to restore Trump to power, it’s time to look at “how we’re in … Read More
We enjoy contrast. Without it, life is blurry, unclear. Meaningless. Yet today, we may be working toward the answer to the big “Where we came from” story. Two important pre-prints have landed. One Evidence for deliberate burial of the dead by Homo naledi | bioRxiv while the other is 241,000 to 335,000 Years Old Rock … Read More
Two snips of Jobs Data ahead of the “Offishall” numbers tomorrow. ADP Job creation report? Still strong-ish but pay’s going up. ROSELAND, N.J. – June 1, 2023 – Private sector employment increased by 278,000 jobs in May and annual pay was up 6.5 percent year-over-year, according to the May ADP® National Employment Report. To us, … Read More
The Mexico Invasion begins anew today. We’ll get to that down the page so as not to get topic-banned in search… ahem… Let’s instead start the day with P.P.I. – Producer Price Index – numbers. Because while we are still shocked at the stupidity of [controlled] media running up someone’s book in the market Wednesday, PPI … Read More
Life marches on – and with it, me – off to get an updated eye prescription. So we will try to remain “focused” for a change. (Argh!) First item on the list is the National Federation of Independent Business report looking at forward conditions: Yes, they’re coming. But, no, not yet… Owners expecting better business … Read More
A note from our Houston Bureau today drew our attention to a MARVELOUS post over at May 2, 2023 – by Heather Cox Richardson (substack.com). She – a history prof – does a great job of reciting the importance of the 14th Amendment which Slow Joe and Minions (plus pretenders in Congress) are ignoring when … Read More
Posted earlier than normal due to Housing update due (a Bulldog edition) Technical Tuesday around here is usually the “after action” analysis of my latest day trading frenzy. To save the asking, yes, I made some lunch money on that short position taken near the close Friday. Was it George Peppard, “the Colonel” (a/k/a Hannibal … Read More
There is a saying in technical analysis: “You can have Price, or you can have Time. But you can’t have them both, together.” I’ve been trading stocks since 1971, and even with more than half a century of investing, picking both time and price has been a vexation. Yes, we know the world will end in … Read More
The temps dropped in East Texas overnight. The leading edge of expressed “bitterness” in the coming weeks and even months. A period with more of an Angostura bent than most. Tomorrow night, we’ll kiss freezing out here, but that should be the last of Nature’s winter. Man’s winter will be measured in years. In Economic … Read More
As the Global brinksmanship continues, some useful thinking about Warstyles is due. While it’s said that “generals fight the last war over again” we see with the recent Party Favors War (PFW) that the guests in the Next War will have a considerably different UX (user-experience) than previous encounters. So much has changed, and more … Read More