BJL – The Big Job Lie first today. (This is nearly a Peoplenomics® length piece, so we can focus on just the charts on the subscriber side tomorrow…bring extra bean.) The well-controlled, agency-influenced corporate media’s take on the jobs report just out is based on what in the press release from Labor? Total nonfarm payroll employment … Read More
From this morning’s ECB meeting: 7 March 2024 The Governing Council today decided to keep the three key ECB interest rates unchanged. Since the last Governing Council meeting in January, inflation has declined further. In the latest ECB staff projections, inflation has been revised down, in particular for 2024 which mainly reflects a lower contribution … Read More
Several reader Comments have been getting to the idea of “slow, then building, soon.” Examples are seen in remarks from William of the Radio Ranch and Stephen2. And its really useful context for what’s going on now. Seems this spring will be a find time for even non-Christians to be thinking about Psalm 121, 1-2: … Read More
A final book chapter, Fed testimony, fresh job numbers, and crypto crazies means a biggish report today. Which we will pick up and play through starting with the jobs picture. Oh, and not anything especially shocking about the election results in Super Tuesday, to speak of. Two cupper, for sure though because many puzzle pieces … Read More
With Bitcoin nearing or over the old highs – though we might quibble a bit on this – there is little question but that markets are at least doing a Double Top – or higher – technical formation. If you are new to investing (as I am, even after 55-years in and out) a review … Read More
“OK, what’s so “magical” about Monday. Did you miss the they suck memo?” Heavens no. But over the weekend, if you were paying attention, the fairy dust of modern media fell on Switzerland. How so? Swiss Voters Back Higher Pensions, Reject Working Longer. See how it works? As the world becomes addicted to Free Lunch (inflationomics) the … Read More
Over on my Ultra-Make website today: The Electronic Detective’s RTFM Case, Pallet Shed Plans. Most important news story of the day: Intercepted German communications claim ‘US and UK soldiers on the ground in Ukraine. Changing poliical landscape: Biden Laundering Billions in Taxpayer Funds Through NGOs to Traffic Illegal Migrants to United States (trendingpoliticsnews.com) and Donald … Read More
A reader poll on whether a new book (serialized first on Peoplenomics before general release) is of any interest. This, as a result of Elaine’s healthcare crisis this week. Which got both of us seriously refocused on Aging, the point of living Life, and how to live our important roles to the fullest. In the … Read More
Other than more Fed-Speak today – and a PMI number just after the open – a large chunk of mental processor clicks is being devoted to solving the unknowable. Namely, when to short this bloated pig of a market. Our consigliere thinks we may have until sometime after Labor Day. Because a gigantic “fall in the … Read More
With Income Taxes filed, and part-way through updating our tree farm management plan, it’s comic relief to read the headlines and try to sense what could possibly be next. Very much like going to the circus (Ringling Brothers) as a kid. Except seems to have a lot more than three rings, peanut allergies, and that … Read More
Wherein we describe a movement of warfare toward “Tainter Point Wars.” Which we set about describing with plenty of historical references. From there, we jump into Ure’s world of woo-woo dreams and get a glimpse of where the “new styles” of warfare seem to be leading us. As one colleague in the review loop for … Read More
The price of homes has been holding steadily higher, in the Case-Shiller/S&P numbers just out. But will the latest numbers be enough to get the Fed to back down rates a bit? YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.5% annual gain in … Read More
Yes, a lot going on today. Not the least of which is some data (Durable Goods. and Housing) which we will get to in a second. But around here? The best news story of the week is what? Tax Troubles Solved Let me begin with a hearty “Thanks!” to TurboTax and E-Trade/Morgan for getting my … Read More