A group of investors ought to be formed to sue the hell out of the Federal Reserve for price-fixing. Because, near as we can figure it, that’s just what they’re engaged in. Making up money and distorting markets. I can’t think of a single provision under the Constitution law that permiting goverment a right to … Read More
To the point this morning because much work remains to be done in the garden today. And we were busy as hell yesterday – more on that toward the end of this morning’s note. First Up: Housing Starts Is there an economy left? Well, sure…especially in big “coop-dweller” markets: Building Permits Privately?owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,353,000. This is 6.8 percent (±1.1 percent) below the revised February rate of 1,452,000, but is 5.0 percent (±2.4 percent) above the March 2019 rate of 1,288,000. Housing Starts Privately?owned housing starts in March were at a seasonally adjusted annual rate of 1,216,000. This is 22.3 percent (±12.2 … Read More
An obituary this morning, to the good old days with a silver living. It’s a look at bunkering and how, while the uber-rich may think it’ll save their butts, I thinking it won’t… The problem for the rich – and even for crooks – is that both classes became overly dependent on paper money, a … Read More
You are welcome to be skeptical, but 2-1/2 months ago I told you we were going hog-wild on gardening this year and it was driven by the Wuhan Pandemic. So, let’s see how Ure’s outlook has been on this, alright? Specifically, from our Feb. 2, 2020 column “Seeds and Ozone” what was I telling you? … Read More
As knowledgeable contributor Wizard notes, this is a fun and light-hearted continuation of the Easter Holiday in Poland and environs like the Czech Republic. As per the trusty Wikipedia this is “Dyngus Day:” “Traditionally, boys throw water over girls and spank them with pussy willow branches on Easter Monday, and girls do the same to boys. … Read More
Normally on Sunday we do a little something on prepping But mighty big storms and a turkey to get ready for baking, so more coffee and less word than usual. A few will count this is a blessing… Egg-sactly. Happy and more tomorrow.
While we wait for what seems like a Wave 2 rally to complete, a look at what life’s really like around here. Sure, people talk about wanting to get back to simpler times, but when comes down to it, are you sure that getting reacquainted with sweat is something you’re interested in? I mean a … Read More
A couple of grim realities, before we get into this morning’s Consumer Prices report: The first is that CV-19 is nowhere near “whipped” and secondly, although social distancing has slowed the pace, that may give us some important insights into the American propensity to “jump the gun” (and in this case, the shark). What are … Read More
We won’t trivialize the importance of what’s going on with the virus: Looks like our first “bet” of the day will be what time we break the 1.5-million cases and when we pass through 90-thousand global deaths. Any second now… Our forecasts have been better than nothing to plan around. And we’re pleased to see a … Read More
A trip into deeper entanglement woo-woo. On tap because we need a diversion from all the bad (and terrible) virus news. Yeah,-sure, we have plenty of that. too. First, however, our usual montage of some news headlines and virus outlooks, along with a basic “sanity check” in the ChartPack. More for Subscribers ||| Not a … Read More
In case you weren’t clear on the answer to the question “Has America gone nuts?” Allow me to lay the answer on you as a simple visual: As you c an see, we did a major decline from the all-time high of February 19th and we have been doing what in Elliott Wave terms is … Read More
The Fix Is In: Market will rally at the open this morning, but in the meantime, the president’s warning that the deaths will be piling up at faster than ever rates, has been displaced with a dandy sense of denial. Markets are working hard at creating “Greater Fools.” Let’s be logical, for a moment, though, … Read More
Reason to ask in an email from someone we know: “Is it just me, or is anyone else starting to take bets on if Facebook will survive this lockdown? I mean yeah, it helped pass the time and all in the beginning… but have you ever been stuck in a confined space full of morons … Read More