Sometimes I feel like a damned politician. In fact, it’s been said (by Coleman Cox in the previous Depression) that “Writer’s aren’t supposed to have money, unless they be writers of checks.”~ 1931 in “As I See It.” This is not the first time I’ve partly missed the gangplank but got the right boat. I … Read More
With markets in free-fall, we are again looking back at critical lessons to have internalized right now – like today – before we get into the Replay of 1929 any deeper. There are two main ones that come to mind. The first has to do with invention. So, in this regard, we’ll be focused on … Read More
The ONLY question that matters today is “Will we bounce?” The stock market has been in hard down mode for a while now. And after the Futures markets became stable (a little after 5 AM Central) our long-term view (which told us a large Wave 3 Down was here) pointed to a nasty open. The … Read More
Glorious Thursday!~ It was a highly profitable Fed announcement for Ure’s, truly. And for a few of our readers, like D’Lynn for one. Yes, it was a dandy day. But punctuated with a reminder from my consigliere that although we are expecting something of a rally in here, “Counter Trend Trading is a great way … Read More
Step right up, folks! With the long-term market peak in, we’re gonna play Crash Call! It’s a game where everyone can win – and everyone can lose. Get the date right? Got the right financial instruments in your pocket? You could be the Big Winner. Why the odds would embarrass Publisher’s Clearinghouse. Except, for one … Read More
Warning: Do NOT read today’s column near an open window. Yeah, it’s that bad. Here we are. Made it to Friday with a short position upside down based on early futures. Not terribly worried about it, though, since we can exit on any short-term rally. It’s NEXT WEEK we need to start thinking long and hard about. … Read More
America’s end is at hand when massive financializations replace the production of real goods and services. Which is peering out at us through the data this week. Inflation is high and the early line on a Fed hike next week of 0.75 percent (or more) was over 80-percent. As a result, we have finally figured … Read More
Even if you’re not a high rolling ($40/year) Peoplenomics® subscriber and haven’t followed our 25-years of research into economic long waves and how cyclical economics is a repetitive sport, you at least might find this “big picture” stuff of interest. In our long-term work, what we suggested some weeks ago near the top of Wave … Read More
Economics today is not the simple sport it may have been at the peak of the Industrialization of the West. Anymore, it’s a multivariate kluge (or stew, if you like) and ongoing battles for supremacy of power. You can skip ahead to the CPI and other data, but hear me out: Part of looking into … Read More
A more detailed look at a possible wave count that – if it continues on track – may be the harbinger or horror, the bringer of bummer, and the foreshadow of famine as the year rolls along. Yes, it’s likely to be even worse than our alliterations. The foreshadowing is seen in charts, murmured by … Read More
Business first as a continuation of our sluggish-to-begin rally finally dug-in Thursday. The picture from here still leaves open a Wave 2(5) run back to the overhead resistance trend line. IF we are in the early slog of Wave 3 down (a minor (ii) rally in play now), then using those Elliott and Fibonacci numbers … Read More
An Easy Math Lesson is where our Adventures in Money Grubbing begins today. For those who have never studied the work of who? “Fibonacci (/?f?b??n??t?i/;[3] also US: /?fi?b-/,[4][5] Italian: [fibo?natt?i]; c.?1170 – c.?1240–50),[6] also known as Leonardo Bonacci, Leonardo of Pisa, or Leonardo Bigollo Pisano (‘Leonardo the Traveller from Pisa’[7]), was an Italian mathematician from the Republic of Pisa, considered to be “the most talented Western mathematician of the Middle Ages“… …reports Wikipedia. His … Read More
Been doing a lot of thinking, here lately. I happened to have been hungry at the time. I was trying to sketch up a way to communicate the “whole meal deal” that we face as co-residents in a country that is doing its damnedest to lose a once commanding lead over all other countries on … Read More