Yee of little faith. No, our blow-off may not begin today (as we have been hoping with a very large long-side position on the table by our standards) but we remain hopeful the world will shortly see things our way. Allow to to explain how markets work in our nut-job point of view: If you … Read More
I have been perplexed recently – although not the first time – by a continuing erosion in people’s reading skills. It seems that with the advent of GoPro videos and YouTube people’s interest in reading have been dropping dramatically. Paper thin attention spans. We may begin posting MP3s to YouTube with our morning remarks. Although … Read More
By our East Texas Outback reasoning, Neel Kashkari of the Minneapolis Fed was the only one at the FOMC meeting this week who seems to “get it” with regards to the coming mega bubble and blow-off that could come close to doubling the Dow from today’s levels between today and a year from July. Go … Read More
simple title art) Reader Note: If you are just catching on, each Thursday we’re are doing a chapter each week of a book I’m writing for Millennials – teaching the insights that will (hopefully!) allow them to live long and prosper – and be around to clean up after us Old People who made a … Read More
This week I’ve spent a little time looking into what some have called “new electrics” but which seem likely to really fall more under the description “New Sources” – of power. But we don’t stop there – as we go looking at how New Sources may be using a fair bit of silver to make … Read More
Time for the Grown-Ups to discuss Healthcare Spending… The basic question posed by the Wall Street Journal headline this morning is really “What’s a free lunch worth?” They point to a Congressional Budget Office report: “CBO Sees 24 Million More Uninsured, $337 Billion Deficit Cut in Coming Decade With GOP Health Plan.” Let’s do the … Read More
Or, we could call this morning’s Coping articling “Shop Time for Bozo.” A more (or less) practical report this morning on progress being made on spring cleaning of Ure’s all-purpose Old Man Labs support shop. The organizational plan is blocked out as Excel gobs but you can get the general idea: Red for saws, gray … Read More
Once again, the Great American Hype Machine is set to roll with a “Horrible Winter Snow Blast” like it is supposed to mean something. I haven’t bothered to look for it, but I’m sure someone will give it a name. All part of the branding process. Yes kiddies, it will snow tomorrow – up to … Read More
The story told to me by Pappy, back before the dawn of political correctness, involved a certain Native American who was reported to have said: “What man is so foolish. He cuts a foot off the bottom of his blanket. Then he sews it to the top of his blanket and believe he has a … Read More
That’s the global Purchasing Power High of financial markets. We approach this entirely tongue in cheek (d’uh) but in the light-hearted discussion there’s a a butt-ugly bit of truth. When you look at things in just a certain way, the whole world has made less than zero REAL economic progress in the past 17-years. But … Read More
First thing I did this morning when I got up was run to the big screen in the living room and fire up FinViz to see how the futures were doing. As subscribers know, I’ve got my butt way, way, WAY long the market because by my calcumlations (sic) the Dow should begin to go … Read More
Got a fine note from warhammer Thursday morning. He’d asked me whether I knew of IONS – the Institute of Noetic Sciences – and I had to confess – was a member for a good while including while Dean Radin was there. Radin, for those not keeping up with the class, was the author of: … Read More
I suppose, in keeping with our main purpose in Life, namely injecting some economic sanity into the global consciousness, we should start with the Challenger Job Cut report: 36,957 Job Cuts in February The shortest month of the year saw a decline in layoff announcements, as US-employers announced plans to cut 36,957 jobs in February, … Read More