If SOWWDS wants an ad. she can buy it.
But I will offer some free campaign advice: Change ad logos.
The one rolled out Sunday – which showed up uninvited in my email – begging for money, no less – is a fine example of political spam.
What’s more, it’s easily spoofed by anyone with PowerPoint handy – as you can see.
An arrow pointed sideways? Isn’t America supposed to be “up”? Maybe our lone remaining democratic reader will disagree and can explain it to us. But the majority around here (you and me) are tired of sideways, same-old, and do-over richy-rich aristocrats who should have been put out to pasture long ago.
The second bit of free advice is double-check your work.
Nice move. Around here we call that “truth in advertising.” Take it from the world leader in typos. Can’t run a campaign? Then can’t run a country, I figure.
Third – and final suggestion for this morning: Any time a multigazillionaire lawyer uses phrases like “everyday Americans” sit on your wallet.
From our news analyst in Winnipeg, which may be the last remaining rational spot on the planet:
Dear Mr. Ure,
I am reading a book “13 Hours: The Inside Account of What Really Happened in Benghazi” by Mitchell Zuckoff with the Annex Security Team. The book points out that the American compound security in Benghazi at the time of the September 2012 attack was provided by the 17 February militia group more recently associated by the BBC with an organization displaying al-Qaeda-type commonalities. A group tweet from June 2014 picturing an alleged Benghazi air attack appearing in a July “IHS Jane’s 360” issue perhaps bears an uncanny resemblance to the American special mission compound villa and SUV depicted in the “13 Hours” book?
So much for distractions. Onto the real news…
As We Forecast
Trade with Asia is sucking. That collapse in the Baltic Dry index was not strictly related to the west coast longshore beef. We saw this coming in last month’s port data. Take the Port of Los Angeles, for example: (Hand me the byte-scissors, please?) Columns are current year to date, last year, change, and percent…
We’ll update the data this coming weekend for our Peoplenomics™ subscribers, but you get the idea…bad news on the waterfront…
All of which should result in some additional worries about deflation globally. But, again, as reported here Friday, with the collapse upon us, the Fed really has nothing it can do at this point but talk tough and print money like crazy.
And crazy is defined as the 29% annualized, based on the latest month-on-month change in M1 as any damn fool can see in the Fed H.6 report over here. Conveniently, I’m the damn fool.
People’s lives are going virtual. Selling boatloads of useless consumer crap is dying on the vine. And with it? The economy. And that brings us to….
China Chopping Shopping
Restrictions on visits to Hong Kong are coming – and that will slow the rush of folks trying to snag much lower tax rates in somewhere other than Shenzhen.
Waiting for the Gold Drop?
Part of the problem is that we just had a spike of the word according to Google Trends in January.
I’m guessing that someone besides you and me will wake up to this China mess and get seriously worried.
By the way, looking at the futures, it won’t be today that the world ends. Dow’s set to open down only a few.
Along the way, though, I happened to read how Wheat futures were down 2%.
Could it be that you and I aren’t the only ones to read Wheat Belly: Lose the Wheat, Lose the Weight, and Find Your Path Back to Health?
By the way, am I the only one to notice that my weight gain really ramped up as GMO’d / non-organic wheat rolled into the US food system? Check your scale and get back to us.
Producer Prices and Retail Fails (sic) will be out tomorrow. Maybe that will be enough to get Stampede Lite underway.
Empire State data from the NY Fed Wednesday, housing starts (or lack of them) will come along Thursday so we’ll be all primed and ready for the Consumer Price report Friday morning.
Till then, just green tea with ginseng and lemon for us.
It’s a tantalizing topic – and the focus of Wednesday’s Peoplenomics report (shameless subscription pitch). But you can see it is going on and is beginning to really dig into the old-line brick and mortar kinds of pastimes.
Evidence of the virtualization is popping up at every turn, such as The Register’s mention of how this “Pre-order purchasegasm will leave Apple Watch out of stock for MONTHS.”
What I’m focusing on is what classes of products will be impacted and what that portends for investing… think you’ll like it. (The report, not the outcome in it.)