A couple of items on the stock market, best taken visually. One is the overall view of how periodic advances and declines in the stock market line-up in similar ways. Nice way of saying “All collapses are self-similar” to one degree or another… OK, so.. When is “The Top” Here? This is a “What number … Read More
Sure, there are a number of “economic stories” we could lead with this morning. But, weekly variances in mortgage applications at a time when part of the nation has been in the deep freeze and it’s a holiday week to boot? Seriously? Of, later on, yet-another forecast of “investor confidence” will be out…but we don’t … Read More
First, a Merry Christmas and a very happy New Years, particularly our Peoplenomics.com subscribers. While we won’t have a long report this morning, we wanted to keep everyone updated on how this “replay of 1929” is going and toss around a few “where does it all end?” ideas. The short answer? When the people who’ve … Read More
This being Christmas Eve Day, we have a lot to cover so I’ll keep the commentary light and the information density high. Market’s Nearing Peak? But when it comes, no one will know. Main thing to hold in mind is that when you look back a year ago, and see that the market lows came … Read More
Breaking: Durable Orders Crumble From the press release: “New orders for manufactured durable goods in November decreased $5.0 billion or 2.0 percent to $242.6 billion, the U.S. Census Bureau announced today. This decrease, down two of the last three months, followed a 0.2 percent October increase. Excluding transportation, new orders were virtually unchanged. Excluding defense, … Read More
Life in the city is grand. Everything convenient, all services close-at-hand. Yet there’s something special about holidays in the woods… Let’s start with the food part. Since there are only two of us this time around, we’re not doing a big meal for Christmas. Honestly, it looks like a toss-up between a couple of slabs … Read More
More specifics than generalities now, as we roll through the details of what we think will happen in 2020. Already, we have seen Bitcoin drop under $7,000 as one of our outlooks seems poise to fulfill. Though $7,132 at click time today. Other outlooks are not particularly “scary” if you are “system independent” but if … Read More
Once upon a time, I thought the people who were claiming Obama was the Anti-Christ were a bit crazy. Yet now that we behold the democrats fielding their new Weapon of Mass Deception and Election Destruction, we have to admit to a certain admiration for how The Beast’s minions are thinking outside the box. Yes, … Read More
Hey! Aren’t we American’s supposed to be smart? Exceptionally, right? Well, if we’re so smart, how come December is such a screwed-up month and we’ve put up with it? Talk about conflicted…. The way I see it, there are 62 days in December and January, right? Who says there HAS to be? We’ve put up with … Read More
Normally, our Annual Forecast is a single issue, but I wanted to try something bit different this year. Instead of going through our usual Major Systems of Life (food, shelter, transportation, energy, environment, and finance) I thought it would be useful to look at two overarching generalities, as well. So in Part 1, some comments … Read More
With “Impeachment Day” nonsense overwhelming all the “news” channels, I got to thinking this morning “ Are we ALL missing something?” Maybe so… Let’s back up: While it’s true that HRC and the DNC came along to oust Trump within seconds of the win in 2016, it’s also true that the GOP has not always … Read More
The mind of the public is not on eartth-shaking economic news. Evidenced by the top six searches on Google in the past day have been football-related. So being out of touch, and a bit greedier, we’ll begin with the NY Fed Empire State Manufacturing outlook: “The headline general business conditions index held steady at 3.5. … Read More
First thing: This is not medical advise… But, since it’s the time of year when we spend more time than normal around computers, as someone who’s had eight eye operations over the past 35-years, I’ve learned more than I ever dreamed of about my eyes. Avoiding Eye Problems A regular visit with an eyecare professional … Read More