While the Dow was up to the task of pimping out the “Hyperinflation vs. the Fed” narrative Thursday, the remainder of the market is less so. Consider – at the outset our view that since the November 8, 2021 high, the market did a major (1) down and more recently (costing me thousands) we had the … Read More
Two stories have our eye as the sun makes another rerun. One is the Gross Domestic Product. And since we have had two consecutive quarters of declines, we’re in a Recession. Which the National Bureau of Economic Research doesn’t want to admit to, since they argue the metric is wrong. (“When you don’t like the … Read More
When there is talk of nukes flashing off, the one critical vulnerability you will already need to have hedged is electricity. People don’t generally consider how utterly reliant the world is on electricity. Even more so in the past five-years, or so, as the iniquitous “wall warts” have become the USB charging ports on damn … Read More
Reader note: We will have a second posting at 8:20 AM CDT (or earlier) when the Case-Shiller/S&P/CoreLogic Housing data posts. Do a click-back then. “Nukes Ahoy!” We continue in awe of the parochial, corporate-controlled, lamestream media in the over-run remnants of America. While normalcy bias was running full blast – aiding and abetting the stock … Read More
Near as we can figure it, there’s no more sensible way to consider the week ahead than to close your eyes (have your computer or phone read the column to you) and imagine the GlobalSit (“h” optional) as a scatter plot. We’re all over the place save two reasonably firm data points. The CFNAI Out … Read More
Wherein we look at a nearly 800-point increase in the Dow and wonder “WTF?” There was no driving news, the Fed will still meet and raise rates. The Davos crowd is still pressing for its Global Reset to scam World Government into being. AND we still see gasoline prices rising this week. While “down here … Read More
Oh-oh! Into Prospect Theory (PT), Cumulative Prospect Theory (*CPT) and whether investment choices are driven by quantum bounding or, conversely, give rise to it? A little early to “go heavy and deep” but over the past couple of weeks a strangelet of quantumness has been nagging at me. Specifically, how free choice may indeed be … Read More
Pardon the brevity today. It’s a time when investing can be serious business. Especially when the economic Long Wave is as much calling the shots about our futures as much as the over-hyped “pretend leaders” who haven’t solved any real problems facing America for several decades. Yes, Washington has listened to so much “green-speak” that … Read More
Delightful email from back-up consigliere out in Century City overnight. Sizing up the Thursday market action “Just vacuuming up the sucker money. Dow erases 500 point loss, surges into huge gain in rollercoaster day..” With a link to Wall Street rollercoaster: Dow erases 500 point loss, surges into huge gain. Running out the Bears to run, anyone? … Read More
Hard not to be in a festive mood: This is the Good Side of Inflation reports! This is the day we told you was coming – the day when not only do Consumer Prices come out (yuck, right?) but also the day the new – higher – Social Security Payments lock-in. As we told you … Read More
As Ukraine ramps up, we share another couple of chapters of an upcoming book on Lifeboat Homes – homes that help you survive. Pictures from the Depression era frame things plus we dig into the cost/benefit numbers as we move towards transitioning to environment-friendly living. Along the way, we have some PPI numbers and the … Read More
I thought a reader was playing with me. When I opened the suggested link: Stock futures fall after the Nasdaq Composite closes at a 2-year low. Not like this wasn’t obviously in the works, already. Especially since we have been forecasting a sub-30-thousand reading in our Aggregate Index work for months and months. We’ll update … Read More
One looking for a path into the uncertain future can’t be sure of just what to make out of today’s roll of headlines. Some news is hopeful, yet others not so much. Let’s begin on the positive side. Ben’s Prize Former Fed boss Ben Bernanke has shared the Nobel Prize in Economics this year. Not … Read More