Yes, in a sense, it’s a quiet one this morning. Fine time to practice short column writing.
But tomorrow will be bigger. Be patient. That’s because that’s when the Federal Reserve will be holding it’s FOMC meeting and Wednesday we will get a sense of how much taper to expect and how quickly.
There’s other news ahead this week: National Federation of Independent Business tomorrow and also the PPI tomorrow.
For now, however, the US stock futures are higher and it’s hard to get too excited about things. We like to sit back and watch. No hurry into making bad decisions.
War, inflation, Covid, and phony money risks are things to “blend carefully and stir.” Simmering now. Watch the stove closely.
Seems to us the risks in Ukraine haven’t changed much.
- Ukraine’s troops on high alert as Russian forces amass at border (nbcnews.com)
- G-7 warns Russia over Ukraine (arkansasonline.com)
- Germany signals commitment to halt Nord Stream 2 if Russia invades Ukraine (emerging-europe.com)
On this last, we are pretty sure Germany is crazy with talk of halting Nord Stream 2. The reason? Germany needs Russian gas flowing into winter. Stopping a new gas line is already at risk since we figure Russia will cut off European natural gas when Slow Biden uses “sanctions.” Cold winter looms for Europe as this screw is turned. Still, the G7 is trying to act tough…so we shall see.
Satellite images say the Russian buildup continues. Thier’s will show the same on our side.
Looking a lot like “thinking with blanks” though.
War Over Taiwan Coming
Our look-ahead to 2022 also features a winter war with Taiwan. Seen in stories like PLA drills near Taiwan may turn into full-scale attack, island’s defence ministry warns.
Thing is, China is using Covid fears (and vaccine) to erode the health of Taiwan. Nicaragua receives China vaccines after cutting ties with Taiwan. And, because vaccine sharing broke Nicaragua off from Taiwan, China is trying to use the same tactic with Honduras: Honduras Likely to Follow Nicaragua in Cutting Taiwan Ties As China Courts Latin America.
If I put on my “football” coaching hat, I’d have to score all the moves (both in Taiwan and Ukraine) as what amount to short running games. The “long bombs” are yet to come. But at least for now, the running game is in full swing.
Remarkably, the tie-in with football and war? Bills’ Taiwan Jones: Returns Sunday. Who would have thought? More than odd how Universe is playing this.
Meanwhile, some additional insights are likely from RAND Virtual Event Explores Increasingly Volatile U.S. Rivalry with China, Russia, today.
If you really want something to worry about – and are trying to test-fit Nostradamus and three wars into late winter, consider Iran’s top nuclear negotiator confers with Chinese, Russian counterparts – Iran Front Page (ifpnews.com. Don’t think that has world war potential with three conflicts at once in 2022 or 2023?
Sure, toss in reports of Talon Anvil, a drone operation that killed civilians in Syria, too. All adds up to a not very pleasant holiday period. Iran, meantime, may turn into a space competitor Satellite images, expert suggest Iranian space launch coming
Terrible storm damage from last week is still being assessed: Northeast Arkansas tornado victims recall storm’s ferocity as cleanup work begins in earnest (arkansasonline.com).
But finally looks like snowfall is coming to the West: Major winter storm to impact Western US | Fox News.
We were having a dandy weekend until Sunday here in East Texas. Then we dropped under 30 Saturday night. The outcome is OK until Thursday but then an inch of rain is expected Thursday through Monday. Screws up my outside project list.
Weather blowback hits Amazon as Union: Amazon Making Staff Work Through Storm ‘Inexcusable’ (businessinsider.com).
Bitcoin was in the $48,600 range earlier this morning. As for the fleecers of the flock? Crypto Rich are Moving to Puerto Rico, World’s New Luxury Tax Haven. There are more than 7,000 crypto currencies now. Which may explain why America’s future seems dim in our assessment: We have far more Greater Fools than we would have believed possible.
More than 400 quakes in the past week as the Pacific Plate seems to be rotating: Over 40 earthquakes in 24 hours strike waters off US northwest (bignewsnetwork.com). We realize the rest of the Pacific Rim will follow with quakes. But when…that’s the big question.
Renewed Virus Hype arrives on Omicron: Britain Reports World’s First Confirmed Death From Heavily Mutated Omicron Variant. Thing is that the existing vaccines don’t seem to provide much coverage. From Big Pharma’s chief salesman Fauci says omicron-specific vaccines may not be needed, while new research indicates T-cell protection may hold up against the variant. “May?” The vaccine peddlers are up to four shots now with no end in sight. Speculation has mounted here. Also read ‘3 shots Pfizer COVID vax 4x less effective against Omicron than Delta’.
And in Washington, the Trump bashing in the kangaroo congress continues as January 6 panel set to vote on holding Mark Meadows in contempt. Of course, that vote will pass, we reckon.
Around the Ranch
The prime rib Sunday was perfect.
I’m going back to bed after actually writing a short column.
There just isn’t much of anything life-changing on the horizon right now. Inflation is here, prices are rocketing up. Government figures hide it. Everyone suffers.
Still, it’s the longer-term stuff we’re focusing on. We’ll wrap up our annual report lookahead on Peoplenomics Wednesday.
Non-destructive pillow testing resumes in 3…2….
Write when you get rich,