Developer pressure didn’t work: ‘In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent. In considering the extent and timing of additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, … Read More
We are hoping for an “Eartbloom” before 2050 but there’s one hell of a gauntlet to run first. Time to take a closer look because 20 years can come and go in a heartbeat. the “good news” – such as it is – is that we do have time for avoidance maneuvers but how many will pay heed … Read More
With the gaveling in for the (likely no change) FOMC rate meeting, we see the markets are running red again today. So the “Lunch Money Trading account is “piling up cheeseburgers” pretty well. The Big Picture view in our ChartPack (which is one of the bennies of $40-bucks a year on Peoplenomics.com) is that three … Read More
Block some time and go read: THE GHOST OF JOSIAH – THE AGE OF DESOLATION In his post, G.A. Stewart (Stu around here) rails against the “click-bait world” and the passing of honest writers. Replaced by mainly opinion surfers looking for a “voice” by riding the work of others. TL;DR? Here’s a super-shortend (by AI) … Read More
With a real lack of news to drive, we correctly expected the Markets would trip over themselves to the downside. While we wait for the Fed announcement Wednesday, Gold is having a good pop early. Likely related to Bond Traders Swing to Powell’s Side as Trump Calls for Rate Cuts which documents a close-in rate … Read More
Busy as the Dickens this week, so a lot of minor thoughts need to be “driven orf my screen onto yours…” Tool Slut Longings First note has do to with a strange new longing for a table saw – that I don’t need. See, Evolution Saws has a new 10-inch jobsite saw that looks like the hot … Read More
Where we look at the angle of the dangle (or the rate of rise) in ridiculous rallies toward predictable conclusions. Sure, it sounds a little complicated, but we could have a much longer (and maybe boring) discussion of how this approach to the “math of markets” is not dissimilar from the take-off angle of a … Read More
The past couple of Job mentions from Challenger (Job Cuts Report) made a lot of people feared the worst. But in our back-o-the-envelope, the number of UI filings Thursday was on the lite side. So employment may surprise… Sure, ADP added some jobs Wednesday, but as the latest “Official” data clears, the counter-currents in the … Read More
Think of it as “Digital Franking.” That is franking – as widely used by members of the House and Senate – is apparently enough to send the Left crazier. Now that Trump has launched his pseudo-clone of The Drudge Report. Life with a “Digital Wrecking Ball” The Internet is becoming “tri-polar.” In other words, people on … Read More
The odds of humanity reaching 2050 are about half the odds that we will blow-up the planet first. That’s one of the most troubling takeout’s from a major project around here that involves historical research, A.I. modeling, and someone’s modest writing skills. In the first of what’s likely to be a multi-part series, we consider … Read More
We have been waitin g for the persistently high interest rates, and the questions about America’s future to dig in and start eating the bottom out of the American Dream of Home Ownership. Today, the wait is….slowly coming into view: “. The leading measure of U.S. home prices recorded a 3.9% annual gain in February … Read More
You may not know what Grimachia is. That might be traced to my just making it up. Yes, one of the Joys of Invention is being free enough to make up thinking tools. Can’t find the absolutely correct word? No worries! Missing words and animal sounds are two fertile areas. This new word of the day … Read More
For those not webically inspired, TL;DR is AI-ese for “too long; didn’t read” which has popped out of the A.I. Stack quite a bit lately. Now, instead of burning processor tokens on useless restatements and repetitive junk, we’ve come to delimiting answers to the desired length. “1 para” seems to be all the hint needed … Read More