Wednesday morning get braced: the Consumer Price Index (inflation gauge) will be released. Sure, this morning is quiet and all. But many pieces are moving just below the surface. Dow futures down 150-ish. Like Elon Musk blowing out of the Twitter acquisition this weekend. As we’ve been following this, looks to us like there are … Read More
Other than pondering UFOs and our ongoing search for “the Key” to Reality, not much else really matters in this life. Unless you’re talking about making some serious money. That never goes out of style, for long. As long-time readers appreciate, we have long postulated that a massive market decline in the pending economic collapse … Read More
Event Arrows have been loosed that will shape the balance of 2022 and form our entry into 2023. We need to look closely at some of these. The Fourth of July has always been a good time to kick back, assess the year to date, and see where the “arrow of events” is pointing for … Read More
I told you so! Here’s what we posted Monday: We already know this all ends badly. The reason is simple: The Wave 1 down whacked BTC from the $61,411 range (November around when stocks peaked, too) down to around $35,070 January 22. thousand. Rounding-off (because of insufficient coffee to deal with decimals) call it a … Read More
Remember the movie, Jaws? Where that dandy theme rumbles as you can almost see the mega shark? Cue that up on the hi-fi because, brothers and sisters, the world has changed overnight. BRICs Thrown in WW III Specifically, the World (and drivers for WW III) became clear a couple of days ago when the story … Read More
We don’t really have much in the way of expectations for this pig of a market going into the weekend. The Dollar hadn’t moved much overnight, but suckers galore and “Buy the Dips” is often a sign of a Charlatan’s Convention. Dow was +220 an hour to the open. Our focus this morning is on the U.S. … Read More
Fall begins this year on Thursday, September 22nd. We’re already planning ahead. In my humble view of things, we’ll be dam lucky if the market is anywhere near present levels by then. It’s not like markets won’t decline; we’re at the point of only quibbling over the slope of decline. Here’s how our Aggregate Index is … Read More
This morning, markets are poised to experience what’s fairly labeled a massive “relief rally.” Because – at least for now – the embargo set on Kaliningrad by the West has not suckered Vlad Putin into a strategic mistake involving “canned sunshine.” That said, perhaps a “Whew – Some holiday, huh?” rally is in order. The … Read More
Let me see: The stock market has dropped 10.6 percent in the last 12 calendar days and you wonder why this topic and why now? You are welcome to remain skeptical of our long wave economic views, but unfortunately, the replay of history is continuing as a bad rhyme with little reason. Seen BTC yet … Read More
Before the 1929 Comparison Chart, realize Bitcoin is collapsing. A canary in the financial coal mine has just keeled over. Just over $24,200 $23,846 as I write this, we regrettably are on track to another basic economic prediction coming true. With condolences to our readers who “took the plunge” into Bitcoin – who we fear … Read More
Economics is much like meteorology, we reckon. Today’s report is as much for me (personally) as it is for subscribers as we line up the “match points” between the Great Depression and what’s evolving. Rather interesting exercise to try next time you can’t sleep and it’s 2 AM. Really ought to try it. Many have … Read More
Our Daily News-to-Use Consumer Tips first. Amazon has a 47% off deal today on broad (chisel tip) black Sharpies. Four pack under $5 bucks. Why? We get the odd box from Amazon and elsewhere around here. So we have taken (when not burning trash) (burn ban is about due, thanks to fire risk out here in … Read More