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
10-Mowing Tips for would-be groundskeepers is our topic this morning. No, we didn’t really need 30-acres. We could have gotten by with two acres per person, just fine. But I had this wild dream years back when I was running a vocational school: I wanted to open a “heavy equipment school” so that the masses of … Read More
Suppose, for a moment, that your “future self” could write a letter to your “present-day self” and offer pointers navigating what’s to come. While it would make an interesting book – there’s so much to cover – it also makes a pretty interesting column. Although such a letter could be “personal” there are many aspects … Read More
The Future is sometimes terribly easy to see. But, when you look at it square-on, it can be really ugly. As a result, faced with a declining set of prospects of achieve “health, wealth, and happiness” people turn their faces. Averting their gaze is what America is doing a lot of right now. Tomorrow, an … Read More
Pick a disaster…plenty to choose from…no crowding, social distance, please! And so begins another Thursday. Besides the Fed data on “jacking up the money supply” – after the close today – there is the small matter of the implosion of the once middle-class in ‘Merica, as revealed in the Wednesday consumer debt report. In it, … Read More
Toss the fish oil? Sleep on the ground? Throw your water in the blender first? Yes, the Mad Scientist and his beautiful assistant have been at it again. Reading and pondering where Ponce de Leon hid the Fountain. Which we will get into as soon as we find Eldorado, or its early desktop analog – … Read More