News

Average workweek wages and average hours worked has always been one of my favorite doodles when tryng to sort through the “goodness” of employment reports. And it makes no difference whether the headline number is rolling around, positive or negative. The Federal Reserve database (FRED) has both series available – which makes a look at … Read More

There are some damn-fine reasons to mark off a few minutes on a “summer” Friday morning chat to talk for a few minutes about prepping and batteries. I can speak with some authority because my name somehow shows up on some patents related to battery state-of-charge instruments. On the surface, this is no big deal, … Read More

The first big story of the morning is that the European Central Bank held interest rates unchanged. “Monetary policy decisions 2 June 2016 At today’s meeting, which was held in Vienna, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending … Read More

I don’t know if you have read any of Joseph Farrell’s books. They cover a wide range of topics but mainly center on the lingering after-effects of World War II. Specifically, there is a never-totally-disproven notion that World War II didn’t really end as history books proclaim. This goes well beyond the reports that the … Read More

This may sound like a “dog ate my homework” excuse, but on my latest trip to the eye doc, it was discovered that the eye pressure had dropped to a worrisome 5 – it should have been up around 12-20 at this stage.  As the eye doc explained, it’s sot of like having a flat … Read More

Just in is the closely watched S&P Housing report: The 20 city average was reported up 0.9% which is better than the 0.7% consensus. And with this, the Dow futures are up 40. Off to the eye doc… A House Flipping Tale I thought I’d pass on a fine example of someone being “late to … Read More

Better early than late, I guess. In 1983 I was pioneering computer data over radio – just 10 years early. And in 2003 when we bought this place in the Outback, a fair number of our friends thought I was nuts. (They were right, but that’s not the point.)  Instead, I was just 10-years early. … Read More

In a recent www.peoplenomics.com report, I laid out the curious timeline of weather manipulation. It begins with theory in the 1980’s, goes to HAARP and the other “atmospheric heaters” in the middle 1990’s. Where, we can safely assume, a certain Vice President became aware of things like the Air Force Owning the Weather: 2025 study. … Read More

It’s been a while since we have toured the Ure outpost here in the Outback of East Texas. Despite the two major eye operations, Life goes on…and with it, our hobbies, pastimes, and amusements. Starting with the hobbies: Fellow ham radio enthusiasts will appreciate that I just picked up an antique radio to restore. It’s … Read More

Figures can lie, and liars can figure said Mark Twain.  Never could such a statement be more true than when looking at the economy.  And this morning we will do just that, since on Friday, the new GDP figures came out.  It’s not a simple thing to figure, but amazingly, our numbers and some federal … Read More

A very short report this morning because of eye surgery yest.  Normally I get up at 4 to hit it and get it.  Nuit this morning, try 7 AM. And barely that. 2 1/2 hour eye surgery #2 about did me in.  Hurts like bloody hell.  Maybe more on that this weekend. On the financial  … Read More

(Written before Surgery on Thursday) When I began jotting down a few notes about “brain cleaning” this week, it was not clear why I was going down this path this week, but one of those “odd damn dreams” came along last night to explain it and so I thought I would pass it on to … Read More

There is one school of thought that the present rally is the start of a major breakout to the upside. But, we still have to close this week above the trend channel defining a Wave 2 correction off the February low and March-April rally. Not that it matters. In Long Wave economics, when you’re really … Read More