While America’s attention is riveted on events in D.C. we have remained steadfastly focused on how our “1929 Replay Tracking” chart has been evolving. Here’s how it looked this morning; prior to the federal jobs report and using early futures pricing: It’s axiomatic in comparative economic cycles work that “waveforms” are usually similar. The question … Read More
### print: money.doc | more I’ve been up half the night (since 2AM) trying to figure out why the market is soaring to such crazy heights. I mean think about it: The CV-19 rollout is not going as fast as expected. There was a 123,000 job drop in the ADP report for Dec. 77-thousand jobs cuts … Read More
Mrs. Ure and I were just sitting here [in the pouring down rain in East Texas], wondering if we were the last “sane” people on Earth: We have been watching: Demonstrators driving a sitting Senate out of their digs. Warnings have begun in commodity world that the world is now on the verge of famine … Read More
Our coverage of the “War Between the Bankers” picks up from the Monday nosebleed in the market. We update this relative to “The Joe Line” in our ChartPack this morning. The “Joe Line” is a level below which the incoming Biden administration has an opportunity to fall smack into a depression without so much as … Read More
Trump or Taiwan the Worry? While we await “real” economic news – the monthly jobs sequencing starts tomorrow with ADP, Thursday with Challenger, then Federal numbers Friday – we have been sitting around tossing darts at the wall. There are a lot “what-if” cards up there (It’s made a mess of the plasterboard, too!): What … Read More
Phony Money is Imploding Long Live Phony Money! On the surface, it may look like “just another morning” for Wall Street. However, it is not. This year, we may see the total end of “rational money” and Balkanization of personal wealth. Today’s “Stock Rally” Fraud If you’re a small investor – with perhaps something in … Read More
Cheating (???!!!) Who? US? Buddy of mine (who can make anything with his hands) and lives on many fine acres in the East Bay impressed the hell out of us some years back with his home-made wood-fire pizza oven. Sure, I get distracted from “living the ranch like” now and then… Like “Hey, let’s buy … Read More
Prepping a 2-Meter Ham Rig… Here’s a question that comes up all the time: “I got a 2-meter ham radio…now WHAT?” Yes, there are dandy books put out by the ARRL (American Radio Relay League) such as their ARRL :: Operating :: ARRL Operating Manual are excellent technical references. Especially the chapter “VHF/UHF FM, Repeaters, Digital … Read More
The Work Never Stops One of the things, we’re convinced, that causes dying is “stopping living.” So on holiday weekends – when a lot of people put their feet up, drink too much and load on the lard – we keep ourselves busy. Big property, big projects. But not without the goal in mind of … Read More
Focus today is on Vaccinations and Resolutions. We are gaining some perspective on how to make some of the tough choices in the coming year. Entering 2021 is a great time to do an Annual Wealth Check-up, too. So, if you get some time this weekend, it may be useful to see where you were … Read More
“With all your getting, get Wisdom & Understanding.” Forbes uses a spin off along these lines. The original is found in Proverbs 7: “Wisdom is the principal thing; therefore get wisdom: and with all thy getting get understanding.” That was a tall order to fill in 2020. But there are a lot of useful takeaways. … Read More
Are there limits to taxation? As we wrap up what has been a good year (in terms of taxes) the prospects for the period ahead are troubling indeed. We jump into a discussion of the “right role of government” after our final ChartPack for 2020 and some headlines worth mentioning. Including a pile of economic … Read More
Printing Press On? Why Not? Even though the U.S. Money supply is up over 20% for the year, normalcy bias will prevent most people from caring because their home prices have been rocking-it. Just out: NEW YORK, DECEMBER 29, 2020 – S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller … Read More