Busy agenda today: Fed-influencing data in the form of retail sales. A president shuttle ride? And we have an odd feeling about a lower-latitude tropical depression. In short? Another Tuesday in a string 000of 3,900, or so, such days in life. Retail: Details and Entrails The details just out from Census: Advance estimates of U.S. … Read More
Our spider sense about not being short this (pig of a) market over the weekend will apparently pay off this morning. As the early futures were showing the market ready to pop a bit higher at the open. Biden as Eastwood? Farfetched? But go with me on this, because sometime the clearest views of the future … Read More
This week a further discussion of using drones around our tree farm. You will remember last week; I was having an issue with a tree that got in the way of my (out of practice) drone flying skills. So, I dropped the tree, right between a power pole and the greenhouse at the dirt garden. … Read More
We have it all lined up and served piping hot today. Signs in the Sky (eclipse), wars and rumors of war, and talk about financial end times. Of course, this kind of talk goes on all the time in the doom porn world. But in coming weeks, a gnawing sense of worry hints some of … Read More
Stock Futures were pointing to a weak open, earlier. Buoyed when better than expected import prices data hit. But this doesn’t mean the downside won’t open over the weekend. In fact, this weekend could be early. As a result, we’re going to “sit this one out.” An old investing axiom is “The Crowd is usually … Read More
We will jump cut right into the Cost-of-Living report just out. Because this will temper how the Federal Reserve Open Market Committee looks at a potential rate hike at month-end. (ready?) “The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in September on a seasonally adjusted basis, after increasing 0.6 percent in … Read More
A reader brought the question to us (“Why does it feel like a Depression?“) driven by seeing how many under 50s still live with their parents, for example. It’s a dandy question – which takes us on a 4-thousand word jaunt from Al Capone’s soup kitchen in Chicago to the parallels between hoboes and illegal … Read More
The stock market has a certain eau d’ fraud going on, presently. There is no rational reason for anyone to put money into markets when there is this amount of global uncertainty about the future. Yet, at the early pre-open check (about 6 AM Eastern) we were surprised to see futures attempting a run up to … Read More
Remarkably, Amazon still has these in stock: GQ GMC-500Plus Geiger Counter Nuclear Radiation Detector Monitor Dosimeter, White. Which we “Last purchased Sep 16, 2023.” It’s just under $140 (click the coupon!) and it recharges off your everyday USB-C connector and wart. If you don’t understand why this is so amazing, that the Zon would have stock of … Read More
I have mentioned a few times this week that I have a new Potensic Atom SE drone and that, having the FAA UAV ticket (easy transition from ASEL pilot) I really wanted to “keep a hand in.” Boy, did I ever! This adventure begins with the first attempted flight of the drone. Damn thing would … Read More
A national holiday Monday was part of the reason we entered a short position ahead of the weekend. In Wednesday’s report, we fretted about the odds of a large upside bolt as G20 nations are desperate to avoid the appearance of vulnerability of the global economic system to normal economic fluctuations. Not that such things … Read More
Yes, we are going to have a “hard landing.” Of course, Ure is not the only one saying this (I’ve been saying it for almost 2-years now!). Others, like the “smartest guy in the room” are saying it too. Witness The Odds of Avoiding a Downturn Have Dropped, Mohamed E-Erian Says. If you don’t follow … Read More
[Publishing in sections due to power issues due to storms in East Texas ongoing. Which are kind of fun. See the Around the Ranch action.) Quite the stew! Not much point in playing the market, just yet. There is some risk – as we explained in the Peoplenomics report Wednesday – of an upside surprise. But … Read More