The Wave Count We Hope is Wrong

There is a chance now, that within a year, stock prices will have fallen to half of present levels – and maybe lower.  The pieces are just now sliding into place.  But, when you consider some of the data – and the flow of world events – it has become an undeniable possibility. This isn’t … Read More

Dueling Sanctions: The Early Days of WW III

The visit of House Speaker Nancy Pelosi to Taiwan will go down in history, we’re thinking, along with other great historical gaffes.  Like Chamberlain on Appeasement of Hitler.  Sometimes bright people make very bad decisions. The underlying processes leading to conflict have not really changed since World War II.  In WW III, we will see more whiz-bang … Read More

OMG-AB

“Oh my God- Another Book” begins the morning with the first chapters of yet-another book I’m thinking about writing.  Well, maybe more than thinking about. This one is all about the coming Digital Dark Age.   The one that follows deteriorating relations with China, Iran, Russia and whoever else holds a grudge.  As they all gang … Read More

Out, Rout, and Gout – Joys of Monday

We begin this morning hoping that Joe Biden doesn’t deteriorate further.  As you’ve heard, he’s come down with a Covid relapse.  So, while he’s not exactly out, there’s definitely some “chill pill” going on: Biden tests positive for COVID again. Not only in G.A. Stewart’s work – over at The Age of Desolation website, but … Read More

Hold Your Breath in August and September

We are coming into a period when the term “high risk” could mean more than any other in our lifetimes.  We are literally living in a “powder keg” world which could “go Archduke Ferdinand” at any second. Plus with our ChartPack – and a market that has soared (as of mid-session Friday) more than nine … Read More

ECI, PI/O and Biden’s Lies: “Not in Recession”

A couple of Economic news releases before we launch into refried lies. The first is the ECI – Employment Cost Index.  Which, over time, feeds into the underlying inflation problem: “Compensation costs for civilian workers increased 1.3 percent, seasonally adjusted, for the 3-month period ending in June 2022, the U.S. Bureau of Labor Statistics reported … Read More

We’re in Recession! Innocent Bystanders and GDP

Economics drives history.  Von Clausewitz 101:  “Economics is just war by other means.” So, we have three major play-acting / Kabuki performances going this week. The curtain goes up this morning on GDP.  And for those who aren’t following what this means in terms of the ongoing war (on the people) being waged by two … Read More

100-Year Toaster: Ch. 18 (Honest Money and Value)

The paradox of growth versus environmental balance (finally) wraps up today.  We out the final chapter of our next Peoplenomics ebook.  These are included with your Peoplenomics.com subscription.  However, some of the ebooks such as Power in the Second Depression are available on Amazon ($5.99). This final chapter has taken more than a year to … Read More

Confessions of a Market Agnostic

Yes.  It’s true.  I play both long (going up) positions and short (going down) plays. Remarkably, I make money either way things run. It’s kinda like being a banker:  If things go well, they make money on interest.  If things go badly, they repossess assets and sell them off – oftentimes billing for any shortfalls, … Read More

Could Kamala “XXV” Into Joe’s Job?

Am I on a different planet?  Have aliens dumped me in a parallel Universe where everyone is stupid?  Or is this what 50-years of working life leads to…a suspicion that everything is not as it seems, and government is out to screw us all? The way I figure it, the stock markets should be down … Read More

Second Depression Rhymes: China Bank Runs

We have told you many times: “In Depressions, the seat of world financial power moves West.” This has certainly been the case as our Second Depression has begun to unravel.  But even here, we must remember that “The Depression” wasn’t referred to as “depression” until a 1934 economics book popularized the term. There are several … Read More

The Return of “Sweat Equity”

How would you like a brand-new home at less than half price? Not only is this possible, but there are people who do this all the time.  So this morning, we push around some numbers and show you how you can build your own and make a sweet pile of equity in the process. There … Read More

Fresh – Scary – Housing Data / Pari-Mutuel Future

DJ Ure spinning our way into Week-from-Fed insanity as made-up money’s implosion continues.  Our Morning After Monday mood-setting is “A House is Not a Home – first released in 1964 by Dione Warwick.  Later rekindled by Luther Vandross.  His version lacked some of the “Mahalia” energy channeled in Warwick’s set, and lacking some of “Ella’s” … Read More