Like this is a surprise? Against this backdrop, the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent. The Committee judges that the case for an increase in the federal funds rate has strengthened but decided, for the time being, to wait for further evidence of continued … Read More
This morning we line up a lot of data. Everything from cops shooting blacks to the gasoline pipeline mess that has resulted in gas lines in the Southeast. Then we toss in some economic data and distill it down to an economic forecast that begins to look like the leading edge of Chaos. Before that, … Read More
Remember last Friday? That’s when the consumer price report came out. You can review it here, or accept when I tell you the government is trying to sell the idea that the general level of prices is up 1.1% in the past year. Hold this number in mind now and follow along. Let’s flip over … Read More
Ever thought about writing a novel or your life story? Good – you should! If you enjoyed my first novel DreamOver, you may be pleased to hear that a second novel is on the drawing board. Come to think of it, so is the third novel. I frequently run into folks who want to know … Read More
When the Fed gets down to work tomorrow – and they are not likely to raise due to the proximity of the election, a curious story about Janet Yellen’s feelings has crossed the feeds this morning: “For Yellen, a September Fed surprise could close confidence gap…” Still, with the current expansion of the M1 (cash … Read More
A week or two back – before the gates of Hell opened to push us up past the 100-degree comfort mark – I was mentioning my research into auto body repair and shopping for a few simple tools. Although I have plans for a lot more work to come, this is how my “rough, take … Read More
Seems like a good morning to look up from the general news flow – which is way too political anyway – and look at some of the other stories going on. These are more fun to consider, anyway, since they will form our lives more than whoever ends up being the housekeeper on Pennsylvania Avenue. … Read More
BREAKING Mini-Crash Watch: Deutsche Bank(NYSE: DB) may have a hard day ahead: From http://finance.yahoo.com: Ever since their co-CEO deal blew up (year ago June, wasn’t it?) we have been looking for this to perhaps work into the leading edge of another Too Big To Fail hold-up/bail-in. Too early to tell. not too early to … Read More
The whole underpinning of the UrbanSurvival ^ Peoplenomics lifestyle is the idea of living better than most by intelligently deploying our money. This doesn’t mean we sacrifice quality; nothing could be further from the Truth. It’s just we do take some pride in squeezing each nickel a bit to make it go a little further … Read More
What did I tell you this morning: Hil is driving the market. Headline 1: Clinton to resume campaigning after pneumonia as race tightens. Headline 2: Dow Up 200. Schmucks like us didn’t get the memo. Maybe if we’d given a little more…
This is beginning to stink. I mean really stink. Was it entirely coincidental that on Friday of last week the market took a big tumble, just ahead of conclusive Clinton health issues? And now – with more pat denials of anything serious being really wrong with her – the futures are up about 78-points… Worse, … Read More
Say, here’s an odd prepping discussion that I don’t recall the in-city wannabes talking much about: What are you going to do for GLUE in the hereafter when TSHTF? We’ve been out here on the ranch since 2003 and being as how we’re pretty-well stocked up on things, a minor repair on the old farm … Read More
Not only that, but in this morning’s ChartPack, we discuss a number of “Lazarus Lines” in chart theory where a sudden Hillary recovery could be auspicious, or not so much. Wait: Did he say he say “Sales Processes for Mating?” Oh, sure. Life is not a singular thing and you question me when I tell … Read More