Odd report today – it begins with a side of “woo-woo” in a dream. Then, in part 2 coming Saturday, it actually makes a marvelous economic point that most people never pause to consider. Of course, before we get to the interesting, our usual slog through the mundane must be done. But, with this morning’s … Read More
Welcome to one of last remaining outposts of rational thought on the web. We are here to “speak-up for sanity” because, frankly, most media is corporate controlled – which means censored – and it’s feeding an alt. reality of the flimsiest sort. DMR: Digital Mob Rule. We pretty certain that >50% of what’s on … Read More
Not just a hell of a lot going on – leastwise that one could fairly call news. Most of the headlines today are of the roll-over, filler, lather-rinse-and-repeat variety. Dow futures down 40, but it’s a “Who cares?” to us. For now. Waiting for this pig of a market to get some momentum going… … Read More
A short discourse today on the linkage between a good, hard sweat – while working out at manual tasks that require no higher brain function – and clearing of the mind. Which led me to a “Novel Crackpot Theory of CV19” (NCTCV19). Part – The First First, on the sweat-mind link. I’ve noticed many times, … Read More
…will be along shortly. Try about 10:30 AM Central, 11:30 Eastern. Or, if you are on the left coast, try when Mickey’s right hand is almost straight up and his left one straight down….. Ure has just finished some “outside work” and is drenched in sweat so food and some hydration is more important – … Read More
The Ure’s face an interesting problem: One you likely will come up against if you haven’t already- vacation planning. If you have “places to go” and “people to see” what is the best way to get there? Not exactly a “mainstream economics” question – like how the Fed is watering down the purchasing power of … Read More
Despite my injuries (some improvement – thanks, drug!) the morning SitRep ended up being two large piles of yuck. No, make that glop. In one pile went a ton of stories (BLM, NFL, brandishing, and so forth. In the other went the Jerry McGuire stuff (“Show me the money!”). Say, that’s not a particularly hard editorial choice … Read More
There is a ton data to digest today: New Unemployment claims, Philly Fed outlook, and retail sales. So that’s as good a focus as any…AFTER we go through a dart throw at the market. What Does “Kiss the Sky” Mean? “ Scuse me while I kiss the sky…” (memorable riff follows – thanks Jimi) This … Read More
Sure, buying hard assets sounds like a good idea. But how did our 2001 buy work out? The answer – and a discussion of tax consequences this morning. In addition, we update the virus outlook and a few choice words about this being a “traders market” in the ChartPack section. Oh, and some economic reports … Read More
We should begin the discussion this morning with a word (OK, several, then…) about inter-market arbitrage. Europe is “in the shitter” and Dow futures +77 after blowing-off a record high Monday. Fancy-talk. But the long and short of it is that in today’s massively inter-wired world, you can’t look at markets singularly. They all interact. … Read More
Oh, besides California closing indoor theaters, restaurants and bars? Worse than expected in the Fed’s Industrial Production and Capacity Utilization report just out. See the business equipment line? We hate mentioning this to our chi-touting readers, but where’s the growth in -27%? As says the presser: “Total industrial production increased 1.4 percent in May, as many … Read More
The Globe is just passing 13- million cases. Right now, today. And the worldwide death toll is in excess of 570-thousand. This gives you – the American news scavenger – an opportunity to do some serious “sorting of bullshit from fact”. UrbanSurvival is (and continues to be) one of the few sites not focused on … Read More
There’s a very subtle shift going on in America right now: We’re slowly seeing the underpinnings of society under attack on the one hand (monetization of racism, Marxist-Digital Insurrection). But on the other, we’re seeing the hollowing-out of the modest residual purchasing power remaining in the “American Dollar.” In fact, if you Wiki “Federal Reserve … Read More