Since I’ll be on Coast-to-Coast with George Noory, and since markets in the U.S. are taking this Boxing Day off, what better time to sit back with a fresh cup of coffee and ponder the three major agenda items that all 8-billion humans face a week from now when New Year’s Eve shows itself. The CLOCK IS … Read More
The (super) early Futures pricing wasn’t showing much oomph prior to the GDP figures and the Chicago Fed data just out. GDP first: “Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the third quarter of 2022, in contrast to a decrease of 0.6 percent in the second quarter. The … Read More
You do know the “worst of times” is when you might actually have time for a big project, right? With the problems in the economy unfolding in the wake of last week’s Fed decision; and with more financial concerns about the period ahead, we step out of our usual “let’s make some money” reports to … Read More
We are beginning to wind down into the holidays. Tomorrow, though, a very useful Peoplenomics report on estimating small house/microhome projects complete with spreadsheet to do the heavy lifting, As a “mood setter” for this kind of project (son G2’s planning his build this spring) it’s useful to look at three things. Overall direction of the … Read More
[Reader Reminder: Use the light symbol, lower right to change screen colors from night to day. Helps many of our visually challenged readers (like me).] Is there a Black Monday, or Tuesday, in our future? Today, we not only do the “usual” Saturday ChartPack for subscribers, but we also leap the high board at the … Read More
A week from now, we will be thawing turkey and telling you about coldzilla or freeze-my-geddon. But this morning, we are stopping at the accident scene on Wall Street on the way to real work. STAT! Broken Neckline We made something of a big deal in our Wednesday Peoplenomics® preopen report about the (then) pending head-and-shoulders formation that was … Read More
Excuse the long title, but oftentimes, we poor writers need to make a list when there is a lot to cover. Days like today…with a lil ADHD in the air… Now, park your sensibilities and come with me… Retail Really Matters Can’t run a country on political payoffs and war-making, can we? Just out are … Read More
Several events have reminded me recently to “write up a useable guide to reliability.” Because, with the world quickly going to hell in a Fed basket, we not only need to plan for contingencies, but contingencies on top of those! Which is why – with the Fed announcement some six hours from now (as I … Read More
Alright. Keep your shirt on and shit together. Here’s the CPI everyone’s been waiting for: 7.1 percent and 6.0 all-items. “The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in November on a seasonally adjusted basis, after increasing 0.4 percent in October, the U.S. Bureau of Labor Statistics reported today. Over the … Read More
Feeling a bit compulsive, are we? You bet. We are in “field position” (to toss in some sports book lingo) to really drop – and hard – before whatever the Fed decision is coming Wednesday afternoon. One thing the charts are telling us? I won’t say it – better that you should see for yourself. … Read More
Remember the Talking Heads song “Lifetime Piling Up“? Well, what’s going on now is a kind of rhyming riff off that. When long-denied social media fairytales turn out to be true. We expect a growing sense of confusion and uncertainty into year-end. Because stock prices no longer relate to growth, crypto gambles are turning into … Read More
Every year, we take a fearless poke at the future and explain our basis for ‘Life Planning’ for the coming year. The process is never simple, though. Something as complicated as one’s Life and as intricate as a global economy is more than a 5-minute essay! Today, we kick around some of the data sourcing … Read More
This being a semi-vacation week, we’re keeping on point with breaking economic news. Since people are moving around the country in huge numbers (55+ million) for Thanksgiving tomorrow. Our consigliere had an earlier-than-expected arrival due to “dueling Garmin’s.” Yep – sitting in the driveway here, one routes his return via Athens, Texas while the other … Read More