Latest business and finance news & analysis
For the one – PPI – it’s supposed to already be here. Just out from the Labor Department: (How’s your Life going to work when crypto sites and your bank, market, etc. report similar “can’t handle the load” results? Got a plan? Why Dow futures are up 73 boggles the wetware. Cyber-war target softening?) What … Read More
We are almost ready to open a weekly “jobs pool.” Idea is simply tossing a dart to see who can make the closest guess to the Labor Department’s weekly new unemployment claims. Media hype – before the release – was that new filings would drop under 700-thousand. Here’s the results: Please note that we highlight … Read More
In our usual look-ahead way, we assess a couple of trends you may be able to use to advantage in coming years. Both having to do with real estate. In addition to this morning’s selection of news (and fresh international trade results) we are also throwing a party as the Aggregate Index has (finally!) peeked … Read More
Slowly, we’re becoming convinced the world is mid-process in a complete Values Reversal. Consider 50 Years Ago: Race mattered little: Performance did. Today, performance has moved to the back seat in corporate H.R. We’re living in the “check-box” world of correctness. Gender/bent didn’t much matter: Performance was the whole ball game. Today? Got checkboxes for … Read More
UrbanSurvival’s roots, as you know, go back to 1997 when I was finishing a distance-learning MBA. As a result, we evolved a steely eye toward whatever the present “economic fairytale” might be. In the tradition of Fractured Fairytales, we’re stuck this morning in the sad case of Made-Up Markets. The (not really) Federal Reserve is buying … Read More
If a discussion about toolboxes and whether a ShopSmith (serious multi-tool) seem like an odd pairing, relax. It’s not. Both have everything to do with how you get “the job” done. Let’s Do Toolboxes First It always struck me as odd: That Pappy Ure’s shop was constantly piled with tools and projects. Yet, when we … Read More
Elaine and I had a marvelous conversation Friday about what we remembered from our youth. (Which for both is a decade over a half-century ago!). Green Jell-O at church gatherings came up. Her preference was for the Jell-O with cottage cheese. Mine? Green Jell-O with a (drained) can of mixed fruit cocktail in it. Topped with a thick … Read More
Happy Easter. An odd assortment of items today. We consider the perils of investing in a market gone vertical. Plus some notes on rolling headlines including the odds of war in eastern Ukraine where limited fighting is reported. We tend to run shorter columns when people are “familifying.” A cup of coffee and much to … Read More
A day off (Good Friday) for some, but you wouldn’t know it around here. Who’s Working? The short answer is “Not as many as last year.” The longer answer is wrapped up in the Labor Department monthly job report for March just out: “Total nonfarm payroll employment rose by 916,000 in March, and the unemployment … Read More
We continue to ponder events to come. Spiced with fresh data this morning including layoffs and first-time unemployment claims. But first, a quick run to the whiteboard to lay out how “Partial Truths” work and why a focus on them is critical. (And a marker huff, lol…) Going into the three-day weekend (for some) may … Read More
We continue looking at the wide range of investments today by looking at tangibles. After (in part 1) seeing the only real (enduring) wealth is that between your ears. If there is anything to “souls” and afterlife, then your carry-out from life is in your memories.Even once we’re taken out “paper” investment vehicles, there’s still … Read More
Before the S&P data, a heads up to look at the CNN story about “76 all-cash offers on one home. The housing madness shows no signs of slowing.” Proper foreplay for this morning’s S&P Housing report? “NEW YORK, MARCH 30, 2021: S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic … Read More
You know the moment: The morning’s “throne work” done, the handle is pressed and the efforts of the morning will soon be flushed away. But the flush is neither instantaneous nor complete in itself. No. There is a pause as the flapper valve just opens. In its advance, the water in the tank flows downward. … Read More