If you listen closely, you may be able to hear them. Lamestream media has used a fairly ‘light dose’ of Smoot-Hawley being replayed in Trade Wars. But, there are other – more subtle – things to be watching now. Because, you see, it’s not just important to understand the generalized risk of a Second Depression. … Read More
There is little economic news today, except to note that after a crappy Monday open, the early Futures were pointing to a partial recovery today. With early Dow futures up +328 and the S&P’s up +55, it will be some pain relief after losses of -971 and -124 Monday. But we’re not out of the … Read More
We have harbored this concern for weeks. Coming on the heels of the movie Conclave, the now late Pope’s hospitalization brought to mind the lineage of leadership in Rome. Was his overdoing it at Easter this year the reason? Pope Francis dies at age 88 With the papal passing, the question is “Who will be … Read More
Seems like a really good time to think about super powers. I mean, who has beaten Death, right? At least according to reports. Which would later become State Media, but that’s a much longer (and more controversial) topic. Instead, some focus on four real-life Super Powers. But first, a word about “data collection.” You see, … Read More
In addition to the usual news analysis and cynical eyes on the markets, we venture off into woo-woo land today. Holiday weekend, time for mind to wander, that sort of thing. As you will see, there’s some reason to do so. As one AI explained “it may be a calibration event.” If you’re not joining … Read More
Ah…Easter. Takes me back to the days when I dutifully sat through years of Sunday School wondering how old I would have to be before I’d be able to get me one of them dry wafers and wine on Communion Sunday. (This was before Whitley Strieber’s book, natch.) Took a while – age 12 or … Read More
Trump and Feb boss Jerome Powell are doing what Bankers and Developers have turned into an institution: Arguing about rates. Trump again calls for Fed to cut rates, says Powell’s ‘termination cannot come fast enough’ Meanwhile, early Futures were way down on the Dow but actually up a bit for the techs – leaving us … Read More
In recent weeks, a couple of people have asked “How do you think like you do?” Truth is? Thinking is every bit as much a discipline, as going to the gym, say. Some people talk about thinking – while other people never quite get around to it. Before I finish up the rest of the … Read More
Happy Tax Day! We can launch into our old hobby of “Top Calling” now. Our Easter Rally showed up – and was all over the place Monday. The early Futures were showing a slight increase at the open but quickly pulled back to flat. The problem in the charts goes like this: As you can … Read More
After some fear and trepidation, it looks like the outlook around here for a rally to Easter (RTE) is forming up nicely. In the pre-open today, we see Dow Futures were up over 300 points. But, on a percentage basis, the Techs are up even more with the NASDAQ Composite showing +260 when we looked. … Read More
Sometimes I tell people how busy we are around here. They tell me “Ure full of it…” But remember: most people we know live in the city. Where you can get: A maid service Laundry pick-up and drop-off Gardeners and landscapers Food delivered Mechanics are everywhere People to do your nails and (wipe your….) …etc…etc… … Read More
With “Spring sprung” we have our weather eye to the coming year, or three. Asking – as any reasonable person would – Where is the safest place to deploy hard-earned assets to save you money purchasing power and get it to the “Other Side” of whatever comes next? Some of the traditional hidey-holes have changed … Read More
Deflation is peeking out of the PPI numbers just out: “The Producer Price Index for final demand decreased 0.4 percent in March, seasonally adjusted. In March, over 70 percent of the decrease in the index for final demand can be traced to prices for final demand goods, which fell 0.9 percent. The index for final … Read More