Oh, boy. Here we go again. Remember this part from the bottom of the Coping section on Thursday? This latest one is worth keeping an eye out for in the headlines. I was a worker in some kind of large mine – many side shafts off the main tunnel. The scene was brightly lit and … Read More
With the Federal Reserve rolling in M1 (which is being puffed up at a nearly 12% annual rate presently) it seems odd that I would tell you in the May 6 column that “Markets to Drift Lower.” Yet, on May 6th, the S&P 500 closed at 2,057 and change. Yesterday’s close was at 2,047 and … Read More
Did I mention I will be on CoastToCoast with George Noory tonight? Something of a victory lap from my January market call, which has been very good, so far… Lesson 1: Complex Design Gets Ure I don’t think I ever told you why I got kicked out of Seattle University back in the day. Mostly … Read More
Well, we are down to our last back-up of the back-ups on the power this morning, so we will do only the market comment and the charts, The original article which was scheduled for this morning (2-Hours a week to being a millionaire) will have to wait for Saturday… Folksy commentary is fun, enjoyable reading, … Read More
Once upon a time, there lived a group of crazy people. But they didn’t know they were crazy…at least at first. You see, they had all come to trade with one another and – as their medium of exchange – had used bits of gold and silver. Things went well, for a while. But then … Read More
We stopped (as promised) at the Outback for lunch Monday and while talking with our server this time, different fellow from before, that he’d recently returned to Texas from Iowa..up around Des Moines. “How’d you like Iowa?” Inquiring minds want to know. Well, turns out that it’s a pretty nice place – but that’s after … Read More
Oh, not overtly; no, of course not. But if you read the Federal Reserve’s latest H.6 Money Stocks Report, down toward the bottom of the page is this marvelous disclosure. What this is saying is that the Fed is sloshing out cash and equivalents (M1) at a rate approaching 12% per year. Now, let’s put … Read More
Normally, I would not bring up a restaurant chain in a column. However, because the content concerns itself with the general public’s need, interest, and concern, I feel it is worthwhile posting this note on my website for all the world to see. Both readers, in fact. Let me say one thing up front: this … Read More
Apparently, someone missed his meds this morning. Maybe it was because of all the celebrating that we got out of our short position with a little money ahead – even after commissions and fees. Or, and here’s the hard part to swallow: Because there are a certain number of objective facts that line up in … Read More
What has been keeping prices of general goods from going up has been the rampant deflation in the goods sector, and the highlights here would be old-style high-def TVs and such going down in price. I recently saw a 60” non-name brand on sale at Wally-World for $399. Almost bought it, too. I mean, a … Read More
You may not have noticed it – since we don’t make a “big deal” about it often, but we have a link that sends us periodic (and anonymous) news tips. We like to have a way for people to send us interesting story ideas that they wouldn’t necessarily want their names attached to. Here’s a … Read More
Oh, Hallelujah! An actual economic press release for a change: “ U.S. IMPORT AND EXPORT PRICE INDEXES – APRIL 2016 The price index for U.S. imports rose 0.3 percent in April following a 0.3-percent increase in March, the U.S. Bureau of Labor Statistics reported today. The increases in both April and March were led by … Read More
Before I roll back the covers on a data point or two, a word about one of the many people in my life I don’t think I have mentioned before. I will refer only to his first name, since he is still out there on the cutting (or bleeding) edge of technology – in an … Read More