Feeling a bit compulsive, are we? You bet. We are in “field position” (to toss in some sports book lingo) to really drop – and hard – before whatever the Fed decision is coming Wednesday afternoon. One thing the charts are telling us? I won’t say it – better that you should see for yourself. … Read More
Ure is up to his you-know in critical projects around here. So, once again, we will revert to our laser-like focus on what really matters. First is the Fed and PPI The expectations data spread is wider than usual going into the Fed meeting next week. Chit-chat Tuesday and decision Wednesday after lunch fgor the … Read More
After the not wholly unexpected market decline Monday, there’s not really much to say about what happens next. Early futures revealed a slip and slide downward was possible, although, with Gold up $8 bucks early, and the dollar down proportionately, we wouldn’t be surprised if this wasn’t a small half-day (or better) rally. Futures were … Read More
Let me huff a bit on the whiteboard marker before we rock the morning for you… This being the 21st Anniversary of the Enron Collapse. (Ah….) So, here’s the “real deal” on jobs. Pop Size Matters U.S. population at the end of 2019 was around 328,239,523. (*George scrawls this on the board.) At the end of this … Read More
Hmm. Bunch of fresh data beginning with big layoffs in Tech: Challenger Job Cut report is just out: “U.S.-based employers announced 76,835 cuts in November, a 127% increase from the 33,843 cuts announced in October. It is 417% higher than the 14,875 cuts announced in the same month last year, according to a report released … Read More
Every year, we take a fearless poke at the future and explain our basis for ‘Life Planning’ for the coming year. The process is never simple, though. Something as complicated as one’s Life and as intricate as a global economy is more than a 5-minute essay! Today, we kick around some of the data sourcing … Read More
Breaking: Mauna Loa Volcano eruption. Click here for live web cam. Updates from Hank in Hawaii in the comments section. Slam, cram, and jam the leftovers, kiddies. A four-week hustle till the Fat Dude rolls begins now. And since we went short toward the end of the abbreviated Friday trading session, the main job function today … Read More
Today’s column is long. So read it for a while, till our writing causes you to nod off. Leave the tab open and come back to it later. It’s a dopamine recovery tool for habitual Black Friday click addicts. Here’s why – after 364 days the rest of the year – about 70 percent of … Read More
Since both of our reports next week will deal with charts only (holiday), I wanted to share some research that you’ll find very interesting. It’s all arisen out of my latest novel (about 50-pages into the writing part – but life intrudes – often!) “Ancient Children” is its title. The plot involves an exceptional aging … Read More
I lost money in a short position Thursday. My loss? $14. How disaster was avoided was the diligent use of stops. Usually of the “on quote” variety. The core idea being every trade starts off being about a 50-50 proposition. (See Burton Malkiel et. al A Random Walk Down Wall Street). Based on work by … Read More
I suppose we should begin this morning’s roll by unveiling the new Consumer Price report just out from Labor: “The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in October on a seasonally adjusted basis, the same increase as in September, the U.S. Bureau of Labor Statistics reported today. Over the last … Read More
This being Election Day, we’re taking the unusual move of not talking about anything on the ballot – of is pretended to be so damn urgent that you have to vote for one clown, or another, who can’t change the Law of the Land single-handed, anyway. Have fun with that. We don’t know which one … Read More
If the first Industrial Revolution was water and steam power, while the second has been electricity and network-pushed, what will NEXT look like? It’s not a silly question, at all. And since the World may fall apart based on global economic consequences of War, Sanctions, Asset-Stripped Money, and little side issues like a die-off and … Read More