Ahead of this morning’s Housing report (which we will post about 8:15 Central time) I found myself pondering the lack of useful headlines and wondering more about Future.
Not that headlines aren’t revealing a few things:
- Yes, it was hot in the Pacific Northwest yesterday and it will be hot – maybe hotter – today. ‘Crazy hot’: Seattle Shatters All-time High-Temperature Record | AccuWeather.
- Is 47.5 C hot? Well that pencils to 117.5 F which is Canada’s new record: ” New Canadian temperature record set in Lytton, B.C., tops all-time high for Las Vegas | CTV News.”
Still, we are hardly surprised. This transition period of the ENSO has resulted in last winter’s hard/heavy snows in Texas (a once in a century event, we’re hoping). And now comes another “one in a century” – or more – at the other end of the thermometer.
Extremism if becoming the new norm in all quarters of life, seems like.
Politics Remains Useless
In earlier eras, it was thought that politicians “had their pulse on the public mood” but not so much, anymore. Instead, what we see is continual in-fighting (As Biden reassures moderates on infrastructure, progressives worry (yahoo.com)) and when the Supreme Court punts, for now, on St. Louis police use-of-force case (msn.com) looks to us like all three branches of government are either adrift or fomenting rebellion.
The road to 2024 will be a mess, too. Especially since Kamala Harris does nothing to stem the inflows as Trump, GOP return to border to rev up base. Don’t look now, but this sure looks like familiar territory.
Economic Reality is Hidden
Elaine was shocked when I mentioned at breakfast Monday that5 we are still 5.2 million workers shy of U.S. working people with jobs compared with pre-pandemic 2019.
Couple this with America’s continuing slide into a fast-food, fewer choices lifestyle – and simplified grocery stores reducing stock and item counts to free up “money” for other uses – one sees little increase in general lifestyle.
Curiously, “lifestyle” has come to be defined as much by software as physical goods. The latest and greatest game code, the finest of operating systems. We’re keeping an eye on the movement towards a free Windows 11 update.
Question lingers, though: Would an update to Super Mario Brothers Odyssey count as an “improvement in Lifestyle?” Or is CoD or would a GTA-6 improve your quality of life?
Messages in Game code? We wonder: Plague, Inc. was released in 2012. And as we got closer to “actual” out came Pandemic for Nintendo (Switch) in 2019. We already halfway knew the “message was in the movie” but seems to be in Simpson’s episodes and video games now, as well.
One has to wonder (as we ponder how exactly does future arise) whether we could all skip business schools and simply do a “title scan” play some videos, and watch episodes to get as good a handle on future as elected (idiots) or futurizers.
Commodities Spell Future
Our take on the Future is more computationally based. Stock prices, however, have been suffering a massive decline in functionality due to runaway monetary inflation.
On the other hand, commodities remain interesting because they are internally conflicted. Which spells out alternative futures battling around their “awareness points” which is where the Observer (in a quantum sense) “p0ps” Schroedinger’s Cat one way, or the other.
1. Financial Commodities
Theory says that if the Fed is making up money like crazy, interest rates should rise. That’s because with more money in circulation, more goods will be consumed and therefore more credit use and more demand for money which drives rates.
Thing is, if you look at the 10-year Note, the rates haven’t come anywhere near last summer’s spike to 1.75%. The 10-year closed Monday at 1.478 percent. Inflation isn’t showing up at the bankster level.
Nope, doesn’t seem to be any runaway inflation indicated in these, yet, either. Copper was down to the $4.21 range which hints that no major wars (shell casings, right) are coming soon.
Copper could also be hinting that home building will remain muted. That’s an idea with possible merit, since lumber has just crashed from $1,750 down to a mere $800. More than halving. Doesn’t mean OSB prices will break – homebuilders are over a barrel for sheet goods – but the 2 by 4 and 2 by 6 market for small home projects is definitely beginning to improve with cheaper prices.
We’ll get more insight into Housing when the new data comes in a few minutes, but already two major news stories underscore our wisdom of making 40 inches a year of rainfall a requirement for anywhere to live.
If you’re new around here, we wrote extensively about how to our way of thinking, living in a climate with adequate rain to grow some basic crops would – over time – emerge as a new type of tangible wealth.
Commodities Don’t Show
…longer-term population migrations that could arise from massive drought that begins to mimic the Dust Bowl era of the Great Depression…
I’ll try to remember to update you on this Friday.
For this morning, though, just look at the extreme drought areas and ask yourself if those stories about Lake Mead are real (they are!) then how can places in the West continue enjoying a property bubble? (Hint: stupid people?)
We’ll look for that data in the Housing report. But, in the meantime, we can’t get excited about living in areas any darker than light yellow on this map. Eventually, statistics matter even if it takes a while.
Time to flee Oakland, too since weather and radical lefties is a bad combo: Oakland Diverts $17 Million From Police Budget. Yep, that’s solve all their drug homeless problems, uh-huh, you-betcha. Bet they all get registered to vote, though, lol.
Speaking of lefties, see where Ilhan Omar says every illegal immigrant in US should have ‘pathway to citizenship’? So here’s a sitting member of Congress wanting do-overs for criminal illegal aliens? Mental acuity has left the Hill.
More Sheep Droppings
Cross-tabbing and correlating data is a lot of work. But no worries since most “average” people are more worried about less important things than living a strategic life, as my friend Gaye puts it. Instead, how about we get worked up over…
Happy Talk: To repeat: there are 5.2 million fewer people working now than in 2019. Yet here’s the wrong-headed cheerleading as CNN ignores the 2-year data to preach “Signs the 2020 recession may already be over.” No point counting the number of people actually working, is there? Sheep love happy-talk. They also love to be fixated which brings us to…
Monetization of Trump Hate will never go out of style, will it? We had to ask after reading Time’s Post-White House Donald Trump Continues to Destroy Norms.
Quarreling with Randall Quarels, in the NY Times “A top Fed official says digital currency may be the money equivalent of parachute pants. – The New York Times.” If you have yours on today, Bitcoin is hovering around $35,577.
The Lies about Wuhan continue to quietly unravel as our Day 1 bioweapon supposition keeps solidifying: Wuhan Lab’s Last–And Only–Foreign Scientist Speaks Out on Covid Origins Debate.
One of the items in my new book being serialized on the Peoplenomics subscription site, was to explain that there’s a lot more than blood sugar that goes into maintaining mental acuity. Specifically, I mentioned Elaine can get “spacey” even when she has had fruit juice in morning. So not sugars.
What we noticed was that with some easily absorbed fats (or a protein energy drink or an Ensure) was the acuity popped right back.
Wouldn’t you know? Only a few weeks after writing that, here comes fresh science on this “serum lipid levels” and the acuity track we’ve been on. As Science Daily reports Saturated fatty acid levels increase when making memories.
Which is why, in the Ure family, if you want to do well on a test, steak and eggs is the answer. (Hardly matters what the question is!)
Might also want to glance at Serotonin levels influence patterns of repetition priming – PubMed (nih.gov).
On that, off to a high lipid breakfast (feed the brain) and back for the Housing report at the top of the hour…
Write when you get rich,