On what rational planet would multiple wars, growing threats, flawed personalities vying for “leadership” and impending natural disasters be a formula for markets to move seriously higher at the open? Well, this one. The markets began a modest decline Wednesday, but overnight some very significant plays were turned in. In one of these, Japan’s market – … Read More
No one seems to have noticed, except maybe us: FEMA has about totally botched its “civil defense” mission. In fact, we went looking for evidence of how FEMA is prepared to defend the US from all hazards. Wow! Were we disappointed. Using a search engine, it’s clear while Civil Defense is a big deal elsewhere, … Read More
Just out: The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.0% annual gain for July, down from a 5.5% annual gain in the previous month. The 10-City Composite saw an annual increase of 6.8%, down from a 7.4% annual increase in the previous month. The … Read More
Yes, my sensitive and politically correct readers – the stock market which has seemed “topless” should run out of steam in here. Because in today’s preopen (and depending on Housing which will be along in moments) we coud see the maraschino on top. Why, over the balance of Fall, we don’t wonder “What could go wrong?” … Read More
A heads up: Once again, I’m making an effort to get shorter versions of these morning columns in order to allow more time to focus on shop and electronics bench projects. Plus, with the upcoming migration of Peoplenomics to a more phone-friendly platform, the longer articles will be there. As I have stated several times, … Read More
Wow. At last the heat is backing down and the radio season is here. When the bands go through their change from summer to winter. Generally – in he northern hemisphere – in the summer, the higher radio bands like 20-meters are open a lot of the time. But, the “old boys nets” in the early … Read More
Headlines galore about “stock market records” this week. But, as long time readers know, we take such headlines with a grain of salt. Particularly when they are not based entirely on big picture and “apples to apples” analysis. Again, we propose that our wider aperture using the Aggregate Index may offer some unusual insights. Six … Read More
While we have great respect for “future processors” – G.A. Stewart (“Deep Breath before the Plunge”) based on Nostradamus’ writings and Clif High’s predictive linguistics work (“Idiots“). In our view financial markets and press releasse (plus major events) calendars come at Future from “the other way.” Taken as a whole – all of them together can … Read More
As our snap analysis indicated Wednesday, we believe one or both of the following conditions are true. The Fed has whored out responsible monetary policy to Politics. OR The Fed sees something very bad ahead – so far unmentionable. Let’s back up. We’ll use Consumer Price Index Archived News Releases : U.S. Bureau of Labor … Read More
Seriously? We don’t offer investment advice, but we can help with clear thinking. The 1/2-point Fed rate cut is bullshit. There are only a couple of options. They are really Political – and this is designed to spike the punch ahead of the Harris presidency that Wall St. liberals want. (Until they don’t but that … Read More
Three biggies on the docket today: The Fed meeting results are due this afternoon, so we can all get into the water cooler pool on that one. I’m in for 10-large. Second is the latest chapter on my book on Anti-aging from a lay perspective. And I have to tell you, when a writer enjoys … Read More
Sort of like a meeting Agenda from the old “mahogany foxhole” days, ain’t it? We have all kinds of neat things coming together – after a bit of a ‘dry spell’ where everything was up in the air. Pardon if this is a little “check-listy” but much to cover. Retail Now, Fed Tomorrow First thing … Read More
Are you ready to be massively entertained? This week could be “one of those.” This morning, the NY Fed’s Empire State Manufacturing Outlook is just out. We can dispense with that one through this simple pull quote: “Business activity grew in New York State for the first time in nearly a year, according to firms … Read More