We’re in Recession! Innocent Bystanders and GDP

Economics drives history.  Von Clausewitz 101:  “Economics is just war by other means.” So, we have three major play-acting / Kabuki performances going this week. The curtain goes up this morning on GDP.  And for those who aren’t following what this means in terms of the ongoing war (on the people) being waged by two … Read More

100-Year Toaster: Ch. 18 (Honest Money and Value)

The paradox of growth versus environmental balance (finally) wraps up today.  We out the final chapter of our next Peoplenomics ebook.  These are included with your Peoplenomics.com subscription.  However, some of the ebooks such as Power in the Second Depression are available on Amazon ($5.99). This final chapter has taken more than a year to … Read More

CFNAI, C/S-H, Fed, Etc.

Ah – misplaced the old decoder ring because of National Tequila Day, Sunday, right? Let me help:  Our Agendizer for the week (which looks like a Brisqi Kanban board (which we will also cover this morning) uses these abbreviations as placeholders in my dynamite columns.  Or, ones like this… CFNAI Chicago Fed National Activity Indicator. This … Read More

Confessions of a Market Agnostic

Yes.  It’s true.  I play both long (going up) positions and short (going down) plays. Remarkably, I make money either way things run. It’s kinda like being a banker:  If things go well, they make money on interest.  If things go badly, they repossess assets and sell them off – oftentimes billing for any shortfalls, … Read More

Could Kamala “XXV” Into Joe’s Job?

Am I on a different planet?  Have aliens dumped me in a parallel Universe where everyone is stupid?  Or is this what 50-years of working life leads to…a suspicion that everything is not as it seems, and government is out to screw us all? The way I figure it, the stock markets should be down … Read More

Second Depression Rhymes: China Bank Runs

We have told you many times: “In Depressions, the seat of world financial power moves West.” This has certainly been the case as our Second Depression has begun to unravel.  But even here, we must remember that “The Depression” wasn’t referred to as “depression” until a 1934 economics book popularized the term. There are several … Read More

The Return of “Sweat Equity”

How would you like a brand-new home at less than half price? Not only is this possible, but there are people who do this all the time.  So this morning, we push around some numbers and show you how you can build your own and make a sweet pile of equity in the process. There … Read More

Fresh – Scary – Housing Data / Pari-Mutuel Future

DJ Ure spinning our way into Week-from-Fed insanity as made-up money’s implosion continues.  Our Morning After Monday mood-setting is “A House is Not a Home – first released in 1964 by Dione Warwick.  Later rekindled by Luther Vandross.  His version lacked some of the “Mahalia” energy channeled in Warwick’s set, and lacking some of “Ella’s” … Read More

The Next War in Sight

While the war in Ukraine continues to drag on – bringing a massive drain on Europe – which has hurt the Euro and made the Dollar appear stronger than reality dictates – we are faced this morning with the arrival in weeks of a terrible set of financial circumstances that will become another “feeder war” … Read More

Retail Trifecta – and a Real Woo-Woo Story

We begin this morning with “the Numbers” and acknowledge in passing that even in market declines at the Macro level, there are still noisy trading patterns that require the occasional rally in order to square the books of otherwise runaway trend traders. Retail Sales First OK, retail is up 1 percent.  Meaningless to us. Reason?  Prices.  … Read More

How THIS Depression is Different

Academics have screwed the world up more than they think.  Two examples should make this clear. The first is how in many (if not MOST) schools, history is taught as “politiography.”  In other words, from Columbus on, world history has been considered on its sociological groupings, not its manufacturing and economic realities. Take slavery – … Read More

Power in the Second Depression (Updated eBook)

When TSHTF a lot of people will be in the dark wondering “What happened?”  A few years ago, we presented a multipart series on keeping the lights on and the beer cold as economic collapse came stumbling across the world. Today – in 160-pages of downloadable PDF eBook for subscribers, a discussion of D.C. power … Read More

Fake Money Plagues as Lazyverse Arises

The market is set to continue its slide today ahead of the inflation report as CPI will be center stage tomorrow. In fact, as of 6AM today, our Elliott and trend channel view of the market looks like this from November 8th of last year right up until this morning: Pick a Fake Money! There … Read More