Our Aggregate Index closed the week in an unusual technical position. Very much worth noting because from here, we’re either going to ascend into Bull Heaven or be cast into Bull Hell.
Along the way, Bears will, quite naturally, hold a contrarian view.
A few headlines as well including observations about the New York Times run-in with the Justice Department over reporters, leaks, and national secrets….
More for Subscribers ||| Not a Subscriber? SUBSCRIBE NOW! ||| Subscriber Help Center
Big pullback next week.
Ever notice the Space Aliens have progressed at about the same rate as the Earthlings when it comes to transportation.
`
Back in the 1950’s UFOs were always the classic saucer design. Exactly as shown in the then modern day comic books.
Today UFOs come in all shapes and sizes but the preferred seems to be the triangular shape just like the latest Earthling military ships.
Then the Norway spiral happened. They say it was a rocket. I think Earthlings can now let people see whatever they want to see in the sky.
People will fall for anything, as the 1938 “War of the Worlds” proved. I don’t think the peoples are necessarily gullible, they just want to see something so bad they do.
Inflation data for the most part seems to lag. Keep hearing the word “transitory” from the Fed and financial media. Since the data lags, won’t it take several months to know if inflation is really transitory?
What kind of inflation hedge would work when stock valuations are so darn high, and holding cash pays no interest?
I bet Len’s answer would be to short… but I can’t do that in my company backed 401(k). There are stocks I can’t buy because the the Administrator has deemed them speculative.
Right now doing okay long in hard asset plays.
Any ideas on using the charts to anticipate the higher inflation coming?
I’m seeing an increase in the number of homeless along the freeways. It seems to be a mix of locals with carts and hitchhikers traveling light. They look better dressed and equipped than I have seen in the past. My guess is that they haven’t been homeless that long. I’m seeing just as many women as men.
Coincidental with the lift of the ban on rental evictions, perhaps? I’ve noticed a flood of people trying to sell/rehome or surrender them to shelters. This wasn’t the case prior to the cutoff of extra unemployment benefits (and eviction ban lift), and now these people are going back to some sort of employment or evicted, and can’t deal with their pets anymore. I’m sure there are more backlash to be cited to both issues, but I haven’t dove into it too much. But I have certainly noticed what you point out.
DEPOPULATION
https://www.lewrockwell.com/2021/06/no_author/the-unthinkable-culling-the-population-to-balance-the-books/
Darlin’ Donny wanted to cut payroll taxes, starving SS beneficiaries, making them homeless:
https://www.cnn.com/2020/08/24/politics/eliminating-payroll-tax-social-security/index.html
How would that starve them? Income (payroll) taxes and FICA are two entirely different funding streams…
Well eloquently the Jewish background gurus throwing in doubt and indecision to keep the party going . Ramping the yellow dog along the way and destroying USD. Baseless sheet greed . Now Ackerman is joining the greed groove . Sick , desperate fools . Contrarian ? No common sense . Disgrace but that’s how herds work. Especially greedy zombie ones
At the top? Could be Len – study the double top chart on the PN site.
As for Jew’s having something to do with markets? Try libtard dems. Many more. Much closer.
The more liberal, the less rational the finance and the more me me money money
The more socialist, the more financial schemering.
Just wakened from a bad nightmare. As a chemist, I spent many hours of my life in a laboratory. I dreamed last night that I was in a large lab and wanting to do an important experiment. There were hundreds of people in what was a very small laboratory, I couldn’t get a place at a lab bench. The others were working feverishly on something with test tubes, flasks, etc, but wouldn’t let me see what they were doing. I tried to leave but couldn’t get out the door. Then others tried to leave and couldn’t get out the door. Panic ensued. I woke up.
I thought back to your dream about people trapped on a bridge and also the recent comments about possible imminent market crash.
Maybe just an old man having a bad dream?
Or k- see this morning’s woo-woo – there’s something about to break big in HLiON technology a battery/fuel cell hybrid
im only a dumb wog . i have no credentials . i keep it simple . my first rule to remember is one thing and only one thing runs the world . the USD
And heard the one about war !! They are experts at pushing that joke . Everybody great mates just playing the game to get your $$. A complete scam . How about theDSI old crag face salty moriarty talks about . Probably – onUSD now . What are you scared of? The whole scam falling over?
Hmm.. well this may be out of context to the general discussion.i found my planter and the water jug to make the bladeless fan. At Walmart they have a great trashcan 3 dollars that will make a great fan shaft. I couldn’t find a jet turbine e fan . But I have 2 ten inch high velocity race car radiator fans . What I want to do is mount both fan blades on the same motor. At the radiator water intake at the air intake at the bladeless ..I am going to buy a 12 or 14 inch fan. The fan on top will be a 16 plus fan.. i did find some plastic pegboard.. for the cells..
Now to contemplate how to mount both blades on the same motor..
SUNDAY, JUNE 6, 2021
The June 2021 US Hegemonic 1877 145-Year Great Second Fractal and Great Global Macroeconomic Asset Nonlinear Crash Devaluation ………………………………………………………………………….. The Global Asset-Debt Macroeconomic System is characterized by the self-assembly deterministic quantitative fractal growth and decay valuation saturation curves of the system’s assets including debt as an asset. ………………………………………………………………………….. Asset valuations grow in a fractal manner dependent on money availability primarily determined by prevailing interest rates and ownership demand at asset valuation peak saturation points which are dependent on demand saturation and price overvaluation. After quantitative maximal fractal growth to the peak valuation, asset valuations (with the exception of sovereign debt) nonlinearly and, in a quantitative fractal manner, decline to a nadir. The peak and nadir valuation points represent maximum time-unit dependent fractal growth (buying) and maximum time-unit dependent fractal decay (selling). Because sovereign debt represents a safe and liquid buying alternative during non-debt (and poorer quality debt) asset valuation nonlinear devaluations, sovereign debt assets transiently and, in a nonlinear fashion, increase during the nondebt asset nonlinear declines. For US sovereign 30-year bonds, this happened last on 9 March 2020. ………………………………………………………………………….. The Chinese Hegemony is replacing the American hegemony which earlier replaced the British Hegemony. The Shanghai composite index (SCI) peaked on 16 October 2007 during the midst of accelerated debt expansion for the euphoric building of unpopulated cities. A 250% increase in the Shanghai composite occurred over less than 2 and 1/2 years as compared to the 200% increase over 8 years of the DJIA in 1929 and the 245% increase over 8 years for te Nikkei in 1990. The SCI is following a 11/28/28 Quarterly final fractal decay series before its emergent transition as the new global hegemony. The final SCI weekly series for the emerging new hegemony is 18/45/39/26 of 28 weeks. …..……………………………………………………………………. Bitcoin, as represented by GBTC and as a proxy for cryptocurrency growth and decay valuation is in the terminal days of its second fractal nonlinear decline. Its second fractal monthly series 11/27/17 months started in March 2017 with a first fractal length of 24 months with a curvilinear (2/5/5 =10) month initiating base and a (7)/14 month sequential series using the last (7) months of the curvilinear 10 month initiating fractal base. Its second fractal terminal weekly sequence is 7/17/14 of 16 weeks. ………………………………………………………………………….. The US hegemony sociopolitical history is interwoven with and dependent on its 215 years first and second Great Fractal Macroeconomic growth and decay valuation saturation series which started in 1807. America’s First and Second Great Fractals, 71 and 145 years in length are described in subset fractal components in the 6 February 2021 last posting of the Economic Fractalist. The weekly series for the American DJI from the March 2020 low is 9//25// 3/7/6 weeks and 4/10/7 of 9 weeks. The final daily fractal series starting on 29 January 2021 is expected to be 17/42/39 days or 17 (3/8/8) ….. 42 (8/16/20) …. and 39 (7/14/12/1 of 9) days. …..………………………………………………………………………….. With ever growing cumulative global debt and global social entitlements and the macroeconomic system’s inability to service that debt and sustain those entitlements, progressively decreasing and negative sovereign interest rates are required to maintain a skewed balance in the system. Global Western 30-year sovereign near zero and negative interest rates will serve as a basis to initiate the US Third Great Fractal and the next long term macroeconomic cycle for the West, whereas China’s long term sovereign interest rates will remain positive. After the crash, the competing and growing Chinese macroeconomy and the current Chinese owned western currency reserves will contribute to markedly higher global commodity valuations and global higher asset valuations.
Machine-generated gobbledegook…?
When I see something like this, I scan it to see if there are any obvious lies or inaccuracies. When I find one, I discount the entire piece and go on to something else. If I don’t find one, I will read the article in the hope it is not an utter waste of time.
This article didn’t get close to being read…