Between Banking (and “special treatment for the rich”) along with one war hot, one brewing, a former president facing a possible perp-walk, and rampant inflation in hard assets, it’s a hard weekend not to have the jitters. Sorry to say: We can’t alleviate too many. But, our steely-eyed view of things will remind you that … Read More
I was wrong when I thought my book Packing to Die: Suitcase between your ears” was done. It turns out that upon reflection, there is still a chapter missing. Maybe even a missing “next book.” Which we will rectify today with an additional chapter that will be added to the book (on Kindle) in the … Read More
Surely, you remember the position of Germany in the Weimar Republic debacle following imposition of reparations on the Kaiser’s former Germanic republic. It’s a period of many lessons, not the least of which is: Reparations exacted from unwilling people tend to blow up. Reparations often blow in a hyperinflationary manner. (Money has to come from … 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
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
Although the new GDP (gross domestic product) report is out, I want to tell you why it’s a bad indicator in many ways. All has to do with inflation. So, pretend you show up at a used car lot. You need a beater for getting to work. You spy some 20-year old import and the … Read More
Wherein we put on our Casino hat (which looks suspiciously like green eyeshades) and take a whack at beating the House. Because there are times when crossing trends do matter. Even though we botch specific bets badly (don’t ask about being stopped out Tuesday) we still love matching wits with the Odds. Of course, more … Read More
It has taken a little longer than expected for Wave 3 down to begin clarifying. Even so, the bearish case into collapse, a second depression and global war is not fully “locked and loaded” yet. But we are getting close. Because it’s a three day weekend, our focus today is mainly on the charts. Evens … Read More
There’s little in economic news today. And certainly, in the “news flow” only a few things project forward as interesting and worthy of your attention. Which leaves time to be entertained by the Court System and high-profile cases. Like Business Insider’s coverage in Everything You Need to Know About Musk’s ‘Funding-Secured’ Trial. Reading through the case, … Read More
Stock markets will be interesting this week on a number of levels. On one, we may get some insight into how “News and Wars” drive markets. As Germany goes for MONEY over PEACE as Minister: Germany won’t block Poland giving Ukraine tanks reports the Associated Press. The Russians, of course, seeing this coming, have been … Read More
It’s fine print – today’s report on industrial production and capacity utilization from the Fed. Whose chair we are sad to report has tested positive for the ‘rona, say reports. See if you can figure it out without too much coaching. Ready? This sucks – bigly and hugely. Spot the doublespeak in this story: Homebuilder … Read More
I don’t know about you, but I’m getting sick of butt-covering by “Officialdom” instead of leveling-up with the Public. We ain’t all stupid, but we understand that idea deeply. A fine example this week was when the very same air travel-related computer systems failed – at the same time – in the U.S. and Canada. … Read More
I’ve been doing a lot of work on Ure’s personal taxes this week. It’s the time of year when a collection of red folders come out and various tax forms go into the folder after being entered in the “tax working directories” with backups, data dumps, and the odd spreadsheet. The best single tool anyone can … Read More