No sooner had Joe Biden arrived in Rome (where we assume a “kiss the ring thing” will be photo op material [we have some alternatives, lol]), their markets began to tank. Looks to be coming over here, as well. The Thursday Rally was completely comprehensible just on the basis of “He’s gone! Can’t do anything … Read More
Real GDP growth is up 2 percent – much less than “hyped for.” But event this is likely overstated with the H.6 Monetary Base up >30% YoY…
I have been on a number of major financial news sites this morning and have yet to see anyone making a big deal about just out trade disaster data today. We had this on the line well ahead of the open for our Peoplenomics.com subscribers but check this out: “Advance International Trade in Goods The … Read More
OK, let’s say – just for the halibut – that we wake up some morning like tomorrow – and our worst fears all show up. What is our immediate reaction? Got “salvation” preset to roll in one click? Years ago, we talked about how fire departments operated in the “old days.” This was before databases … Read More
Just out from Case-Shiller/S&P/CoreLogic: “YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 19.8% annual gain in August, remaining the same as the previous month. The 10- City Composite annual increase came in at 18.6%, down from 19.2% in the previous month. The 20- City … Read More
Two statistical realities will pop today. First will be the Case-Shiller/S&P/CoreLogic Housing data. We will cover that in a special second update. But without looking, we are certain that the picture for Housing has never been brighter. People who own property profit from inflation. It’s why government can “get away with it.” Where “it” is … Read More
In traditional economics, money was defined generally as a “storehouse of value.” Yet, to even the least-informed, this linkage has been mostly shit-canned. The problem is one of runaway leverage. Once upon a financial fairytale, the story was sold far and wide that America was using a fractional reserve currency. In other words, when a dollar was … Read More
Not to spoil the “time off” notion of Sunday, but there’s a Twitter posted video for you to see and understand. Because? It explains how people with first and second Covid shots will be treated as “unvaccinated” – thus moving the dishonesty of medical statistics to a new Biden propaganda high! See it here. You … Read More
Rather than an in-depth outlook on a general lifestyle and economic issue, we’re focused this weekend worrisome charts for markets next week.
Since Urban is (nominally) a long wave economics site – which gets wildly off-track because its writer-in-chief is seriously ADHD – we will try to keep things in order by starting with some “economic reality.” All-Time-Hype We continue to sit with market’s poised for a monstrous collapse in coming weeks based on our Aggregate Markets work. Yes, … Read More
“The Moment Before Touch” is where markets, Life, and petty dictator mandates have us waking today. As the future of Taiwan continues sketchy and as (we pointed out on PN yesterday) the SoCal ports last month moved 6 PERCENT LESS CARGO than a year-ago. Evidence to our simple minds that shortages (like not really vaccines) … Read More
That’s a “Science-Based Religion” plugin? An add-on for religions (and political parties). Which only sounds crazy until you consider the increasing levels of interpersonal warfare underway in digital realms. Humans are – to a large degree – stimulus mirrors. If you have institutions that hate and people swim in that polluted space all day, of … Read More
Been up since the wee’s again. Working on tomorrow’s Peoplenomics report. With already the payoff that I think I now know where “halos” came from in various religions… Watching the futures prices overnight and early, I was struck by another EXCTRAORDINARILY close hit to a predicted retracement level in our Elliott wave estimation spreadsheet based on the … Read More