Tax Leakage & NFIB Jitters

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

Brazilution, Biden Staging, Markets Waiting

The confusion between “urgent” and “important” is common to both professional time management training and the field of journalism. Although, in fairness, journalists are way off the pace, much of the time.  That’s because news is managed almost everywhere in the world.  Except here, in the U.S. where it’s not on the King’s Land, and … Read More

ShopTalk Sunday: Chair Repair & The R.A.S. Project

I spend a ton of time in my office chair.  Every day of the week, I’m out here in my “office” from, at latest, 5 AM until I knock-off, which is at earliest, 3 PM.  That’s when markets close here.  Now, to be sure, I try to get up and walk around for a few … Read More

The “Big Slide” – Jobs – D.C. Dicklock

It’s a nice Friday.  My new CPAP machine is working great, thanks.  With a good night’s sleep, along with a forecast high of 74F today, what could possibly go wrong? As it turns out: plenty. Long-term?  Dismal Being a self-centered, greedy, semi-retired scrooge, let me huff on the whiteboard marker and begin with the market outlook … Read More

GOPeed in D.C. Loserville – Jobs Falter (along with Markets)

Not a fan of Joe Biden and his woke/left lying alliance of blustering bureaucratic blunderers.  BUT he managed to get one thing right, so credit where due: Biden: GOP speaker drama ’embarrassing,’ ‘not a good look’ | AP News “Bad Look” is Right I don’t like to use (highly-accurate, descriptive) words like “shitshow” at breakfast.  So, … Read More

NewWreck ’23? – Orthodox Wars, Lies and Coverups

The Hysteria Outbreak before today’s open was pre-dickable, if you will. The odds of a nuclear “event” was real this weekend, and we might imagine some form of “relief rally” could be justified.  But on reading how the Bond Market just experienced its Worst Year EVER (For Battered Bonds, Threats of Further Losses Linger – … Read More

Holiday Monday: Ever read 5 U.S. Code § 6103?

Which says, in too many words: “(3) Instead of a holiday that is designated under subsection (a) to occur on a Monday, for an employee at a duty post outside the United States whose basic workweek is other than Monday through Friday, and for whom Monday is a regularly scheduled workday, the legal public holiday … Read More

Welcome to 2023 – Personal Notes

A lot going on this week and so no “ShopTalk Sunday” until next week. With the papal passing, we were dealing with our own loss locally.  Our beloved Zeus the Cat passed quietly last night after a long illness.  He was 96 in people years.  A good run for a feral cat lucky enough to find … Read More

Closing the Books on 2023: Not Very Good

A little “mood setting” is in order. Too many years as a rock & roll (and country) newscaster doing mainly mornings, teaches music first, then news. Perhaps “Wrap it Up” by Sam & Dave would work?  Or, perhaps, the “Long and Winding Road” would be better?  Well, to each their own. For us, Abba is more … Read More

Year-end Mini Rally – Reasonable Outlook for 2023

The market today will be starting (based on early futures) with a modest upside bias.  Which is due after the “downstroke” of the M that we posited earlier. Our outlook continues to expect a major decline in over-priced housing over the next six-months. Not to Be Conspiratorial But… My consigliere and I are both very worried … Read More

Housing Rollover Slowballs

As we’ve been telling you, with Housing loan rates in the 7.9 to 8.1 percent range (depending on military service, credit scores, lenders and yada, yada, we know that net cash to sellers is going down.  So, it’s only reasonable that prices would be along in kind. “NEW YORK, DECEMBER 27, 2022:  S&P Dow Jones Indices (S&P … Read More

Decoding an M Week?

This might turn into an “M” week. That is, up at the open today (if futures hold – housing will pop first) but then petering out after the commercials get back from stuffing presents.  That may lead to the “downstroke” of the M’s middle around tomorrow and into Thursday.  But a pre-holiday frosting rally can’t … Read More

Breaking Insanity: Too Scary to Contemplate

With the WEF promoting their global corporate-communism style agenda – buzz worded as “stakeholder capitalism“ (where corporations extend the evil concepts of the Citizens United case worldwide), the failure of the Ultra Rich con to ramp Covid into Global Governance under corporate auspices failing, the next Big Fear Sell is edging toward nuclear war. Someone’s … Read More