Latest business and finance news & analysis
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
Of course, the problem is always “Which way will this puppy break?” While we never offer financial advice, we do – strictly for entertainment – have an interesting point of view on markets. The first is how cyclically repeating they are when viewed in the long-term. The second is that individual indexes don’t offer as … Read More
Our usual Peoplenomics fare is a hardnosed look at data involving cyclicity in long-term market directions. However, have you noticed that the Markets of late look like they may be taking our call of a massive third wave down collapse very much to heart? America is entering a “beliefs and values” crisis. Today we discuss … 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
WHAT???!!! No mention of the Hunter Biden revelations about Social Media and the FBI on the front page of the big DC paper this morning? But you already knew that, right? Huge story in the tech-competent thinking class, though. Language matters: Stonewall Idiom Definition (grammarist.com) With good reason… Miranda Devine of the New York Post is … Read More
First, a big thank you for prayers on behalf of ailing Zeus the Cat. His appetite is back a bit, and between hand feeding of food, some cat kidney pills plus a gentle application of deworming meds, he’s up and about better than a week ago. Now into the projects of this holiday screwed-up week… … 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
The important part of why the rollover is what matters now. Simply, when interest rates were at historic lows (less than half the rates of the Great Depression era) when a million-dollar home was sold, the majority of funds would be paid to the seller on closing. However, as interest rates have gone up, the … Read More
Without trying to sound prophetic, we are expecting the market to put on something of an early rally, since the stock market decline caught a lot of people (but not us) by surprise. You’ll remember a while back; we offered this potential roadmap of where things might go? Well, yeah, that’s right. We explicitly tabled … 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
Before we begin, an unashamed plug for Amazon (“get ’em while you can”) as Cyber Monday Power Tool deals are here. Best seen with your spouse present (and you in handcuffs). If you’re not already maxed out from Black Friday, life is short and power tools are safer fun than chasing something extra (ahem) on … 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