Remember the movie, Jaws? Where that dandy theme rumbles as you can almost see the mega shark? Cue that up on the hi-fi because, brothers and sisters, the world has changed overnight. BRICs Thrown in WW III Specifically, the World (and drivers for WW III) became clear a couple of days ago when the story … Read More
The Economic Outlook around here hasn’t drifted much over the weekend. The reasonably projected future forecast here seems to look like: A slow onset of higher inflation that will crater the economy beginning in Q3 and dragging into 2023 which is likely to become recognized as a Depression by the middle of next year. A … Read More
Famine is coming. Yeah, sure, Roe, Wade, demonstrations, hype. Have fun with that. The larger reality is there’s no caloric payoff to any of it and damn few people will have noticed the recent Newsweek story Gathering Storm of Famine Looms Over Many Nations. What Preppers Miss Most preppers I know have never done a … Read More
So much for deserving a break today. While summer should be time for picnics, trips, time with friends and family, a good deal of that has been blown up this year by bad policy, good court decisions, and angry people. Oh yeah, gas prices, too. We wonder “What is America coming to?” with good reason: … Read More
Maybe this morning’s column – and the ensuing Roe V. Wade overturned decision – was too long-winded for Sound-Byte News Consumers. Allow me to summarize the Deal Points. 1. The Government Already Owns your Body. Roe v. Wade was, in a middle-of-the-road reading – correcting an unconstitutional foray of the government into a personal healthcare … Read More
We don’t really have much in the way of expectations for this pig of a market going into the weekend. The Dollar hadn’t moved much overnight, but suckers galore and “Buy the Dips” is often a sign of a Charlatan’s Convention. Dow was +220 an hour to the open. Our focus this morning is on the U.S. … Read More
Fall begins this year on Thursday, September 22nd. We’re already planning ahead. In my humble view of things, we’ll be dam lucky if the market is anywhere near present levels by then. It’s not like markets won’t decline; we’re at the point of only quibbling over the slope of decline. Here’s how our Aggregate Index is … Read More
While our rise as a technical society has exceeded past efforts, over time it seems destined to fail. Not everything is ultimately extensible. Limits to resources is a hard thing for the bacteria in the agar dish to accept. In this morning’s discussion (other than the ChartPack and a few news items weighing on Future) … Read More
This morning, markets are poised to experience what’s fairly labeled a massive “relief rally.” Because – at least for now – the embargo set on Kaliningrad by the West has not suckered Vlad Putin into a strategic mistake involving “canned sunshine.” That said, perhaps a “Whew – Some holiday, huh?” rally is in order. The … Read More
The U.S. markets are closed in observance of a democrat give-away to federal workers’ event. I think that’s the polite way of putting it. Older (meaning wiser) heads will remember that it was not until 1971 that America had a national origin holiday. That was when Columbus day (which sounds pretty White to us, though … Read More
A Sunday Financial note: the price of Bitcoin dropped to $17,986.50 overnight as the digital tulip wilt continues in the summer heat. Because the stock market is locked in a decline mirroring the 1929 -1933 collapse to a high level, we therefore anticipate a continuing decline before a washout in a week or several. Problem … Read More
My latest adventures in the world of medicine – like a recent nuclear treadmill test – have lit a series of interesting linkages. This morning we raise some fascinating questions about prophesy, the role of hypoxia, and then wonder is sleep apnea exists to “pave the way” into our personal future. This may seem like … Read More
Markets were set to put on a “courtesy rally” at the open today as Jay Powell is planning to speak. It’s like when a great Actor steps on the stage and a “hush falls over the audience…” However, nothing has really changed in the data view. Sure, whatever he says will be viewed as a … Read More