Our work in ‘matters economic’ are of more than passing interest. Already, even before the US markets opened, I’d made a “new Camry-sized bet” about what I thought will happen in markets today. It would be inappropriate for me to reveal the specifics of that trade because it might be construed as “financial advice.” So I … Read More
“Food for the mind, George – Ehor” There are books and then there are books. The delightful gift of a book that landed Saturday from my long-time friend Ehor Mazurok was definitely in the latter category. Published first in 1952, “Metals and How to Weld Them” is occasionally updated by the James A. Lincoln Arc Welding … Read More
Picking up from Wednesday’s report, we give some clear examples of where synthetic growth may come from… A kind of how-to for policymakers. More for Subscribers ||| SUBSCRIBE NOW! ||| Subscriber Help Center
The four witches refers to the fact that this is quadruple witching day.. That’s when index options, stock options, commodities, and bonds all go through the process called settlement. It’s the quarter “Make good on contracts” event. It’s not unusual to see a decent-sized market move from Thursday to Friday because of how options settle. … Read More
Want an idea that has a lot more value than zero-value/z-val social media? This hit me as Elaine and I were having the afternoon toddy this week. I’d just read the first few pages of a book she’s writing loosely based on the personal experience of growing up in the wild west of upland/mountain Arizona country – … Read More
This is a great economy – if your name happens to be AT&T or FOX. But, that’s not the case for working Americans. But, what does matter is our growth prospects. Wednesday, the Federal Reserve chairman Jerome Powell announced the expected quarter point hike in the Fed’s key rate. Not a great big deal, except … Read More
If there is one thing all our friends have in common, it’s the notion of being extremely competent in many different parts of life. While some people piss-away their time on (useless) social media and what one financial analyst refers to as “z-val” (zero value) activities, people we find interesting are those who are really good … Read More
We focus this morning on our methods of thinking about odd topics like synthetic growth of the economy. This is part one of two; in this we outline the approach to model future investment opportunities. The, Saturday, we will “populate the model” and use it as a ‘future-scope.’ In this morning’s ChartPack, we will blast … Read More
Consumer Prices have just been released by the Labor Department. Here’s the summary of data to be mindful of: The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in May on a seasonally adjusted basis after rising 0.2 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last … Read More
One of the simplest concepts of UrbanSurvival is “must be present to win.” You can’t be dead and be a survivor, huh? Most people don’t know that there are more traffic accidents, plus deaths, in the 100 days from Memorial Day to Labor Day that the whole rest of the year combined. Summer is crazy-time. Makes sense … Read More
Back of the Envelope Economics (BotEE) class is now in session! Look at how we continue replaying 1929: If there is a correspondence between where we were and 1929 (late spring) and the recent (late spring) correction that may end this week, we could be about to replay the final rally of 1929. Of course … Read More
It was obvious looking at the emerging Globalist framework while doing the masters in the mid 1990’s, that the handwriting was already on the wall. Forensics had been done, evidence sorted and a jury empaneled. The poor were out-screwing the well-off (and still are), there was a ceiling evident in personal consumption, there had been … Read More
We assume our readers have some interest in getting “rich.” And yes, it is not only possible but actually likely if you understand the financial conveyor belt. In addition, a number of readers have asked me to explain when is a good time to hold a position (*short or long) over a weekend. Although I’m … Read More