News

If our topics sound a bit scattered, they’re not:  It’s a cross between a Sit-Rep, Social Outlook about Where Your Money’s going.  All of which got me out of bed and firing up a fresh pot of Kona roast at 1:00 AM.  In an attempt at contextualizing some of what may lay before us in … Read More

We again confront the age-old Editor’s Paradox:  Do we begin with what’s  important or do we lead with  what’s urgent? Not that hard to answer, since I’ve been telling you what’s important all week.  We’ll change-up a bit and lead with  urgent instead. We have three data points to consider:  The Jobs Data, Fresh International … Read More

You won’t see it in the headlines, most places.  But, it lurks.  It stalks, and we’re in the process of playing the same modest market bounce that we did in 1929 prior to the markets declining more than 35%. OK, may sound melodramatic, but thinking people with spreadsheets all over the world are coming to … Read More

Just a technical note:  For the first time in almost 20-years of living in the Outback of East Texas, we were totally without coms this morning as two phone lines with DSL and a ViaSat connection all went down due to severe weather. 2″ of rain in about 30-minute.  The precipitation path loss took down … Read More

An exposition today on what the Fed rate cut, market reaction, woo-woo, and time machine research have in common.   Yep.  This is one of those Twilight Zone kind of discussions that sinks down into the part of being human that we mostly don’t visit often.First, though, in addition to our usual daily dose of market … Read More

Just announced by the Federal Reserve: “The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity. In light of these risks and in support of achieving its maximum employment and price stability goals, the Federal Open Market Committee decided today to lower the target range for the federal … Read More

Breaking:   Federal Reserve just poured $120-billion into the repo market.  Light ’em up, markets! Facts and Folly The late Dr. Carl Sagan summed it up best in the book titled “The Demon-Haunted World: Science as a Candle in the Dark.”  Our problem today is we are living in an asylum populated by addicts hooked … Read More

Preliminary data first, so you have data to stand on when we get to the weather-related angle:  Although we could see a “snap-back rally” this week in markets, the longer-term outlook seems to be firming up:  We would not be surprised to see stocks collapse to below 2,000 on the S&P and that infers a … Read More

Regardless of the happy-talk about how COVID-19 will (do this, or that, or  some other thing), there’s a lessor in here about Lawyers, Lefties, Greedsters, and Cowards that warrants in-depth study.  This being Social Studies Sunday…. Ure hit one of his favorite online suppliers this week, looking for a refill of some shop consumables.  1/16th … Read More

There’s a great deal to be learned from reading deeply into adventure novels of current and by-gone eras. For one, it’s a way for young people – especially men – to get to know and think like other men. The good, the bad. So, it was a huge loss this week when one of my … Read More

This morning we consider the problem of how much faster markets seem to be moving now than in the descent into the Great Depression.  If you think that Depressions are a thing of the past, hang on, because that light at the end of the tunnel could be a runaway collapse.  And we’ll consider what … Read More

Breaking Data Two numericals to stir into your morning coffee.  First is the report from the Bureau of Economic Analysis that says incomes were going up nicely in January: “Personal income increased $116.5 billion (0.6 percent) in January according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $101.4 … Read More

This may set your hair on fire, so before delving in this morning, take a good, deep breath and count to 10.  OK, now you may continue.. Down Futures -367: Two big drivers:  First is the number of COVID Cases took a huge leap up in today’s data: You can see what happened and why … Read More