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
This morning you will learn about “Global Billionaire Communism” (GBC). But we need to back up to our Thursday morning report to put this in proper context. As I told you yesterday: be looking for “game-changer” news beginning at 10:45 AM Eastern time and through today’s close. Market’s at an inflection point in our work.. … Read More
When you’ve been married long enough (we’re almost to 20-years now) an odd thing begins to happen: Spouses “borrow” tools from one another. Just last week I’d gone looking for a long-handle razor-scraper. The old license sticker had to come out of the front window of the truck to make room for the new one. … Read More
A number of my colleagues have an ongoing discussion about whether a) News moves the markets or, alternatively B) The Markets “create news.” Today is a “working paper day” when there’s an opportunity to see the question answered – or not. Around 10:45 AM EDT to the Friday close would be a grand time for … Read More
First the headlines: “They Ain’t Like in the City.” Now the details… Let’s begin with the garbage discussion because it’s been a fun adventure. When we first moved to the Outback in 2003, there was no garbage service. People just made a “burn pile” and tossed their junk on it. Then, once a month (maybe … Read More