No, this isn’t an “I told you so!” column. It’s a reminder that reading and watching the news – plus keeping our ears to the ground – is done to keep us one step ahead of disaster.
July 16th, in my report Prepping for Lockdown 2.0 – Markets in Denial? I told you we had canceled our fall visitor slate. This week, a dear friend in Oklahoma passed away from CV-19 after a valiant two-week battle on forced oxygen.
Our worst fears arrived. At 10:15 AM his blood pressure started to drop. It kept going. He was gone…
In his case, the Ivermectin and super-nutrition didn’t keep Death away. Therein lies the problem: Making those difficult personal choices. When does the “risk of the jab ” equal the risk of “non-jab.” Especially if, like my friend of more than 20-years, you have co-morbidities, as many ex-submariners do. The cost of the Cold War is still being paid. With reduced lung capacity due to asbestos exposure by many who served. Including our late “ears of the Boat…”
Injecting a toxin to force your body to create spike proteins is not natural. But neither is industrializing race, gender, and keeping a $29-trillion national debt afloat. Sanity has left the building.
Our heart-felt condolences go out to his wife, friends, and family. We’ll remember the Jamaica cruise and the many casino concerts together, forever.
Personal Decisions Follow
We’d remind those who are self-isolating – in lieu of “the jab” – that it could be – as we warned in mid-July – an awfully goddam long fall.
We’re profoundly disappointed in Federal elected leadership; they’ve lacked logic, consistency, and transparency. Why was CDC spreading samples in November 2019? Dr. Fauci, in our view, has failed the public trust and medicine. Our own government was involved in “gain of function” and now denies it. Yet it’s plain in FOIA emails.
Watch: Rand Paul Calls NIH Director “Stupid” After Call To Wear Masks At Home, is fun, too. Like you could catch something from yourself? Or is this for cosplay, or what? (Do I have to buy Elaine a “nurse outfit?” Or, is this a migration path into a new national BDSM industry? Yikes!)
Each passing day of conflicting policies and open borders colors the darkest of conspiracy theories: CV-19 looks like a population-thinning bioweapon with official complicity to monetize disaster as we have seen so many times before.
Despite denials and protestations, that’s where the data leads. More than 35-million cases and nearly 615-thousand deaths later.
You are not supposed to think deeply about these things. Jab and move-on is the agenda. But when you get a minute, take a read of Dr. Shiva Discovers Existence of the Secretive Long Fuse Report — Exposes Twitter-Government Collusion — As Momentous Discovery as Pentagon Papers (yournews.com) And ask yourself “Why isn’t the co-opted and controlled Mainstream Press reporting meaningful stories, like this one?”
Stories like the NY Times admission To Fight Vaccine Lies, Authorities Recruit an ‘Influencer Army’ – The New York Times fly in the face of democracy’s Founding Principles.
Portals for government ban people? Payoffs to bloggers? We warned in 2014 on Peoplenomics that Social Media is a crooked business model. Takes a while, but like this wave, we tend to be right in the long-run.
Need more proof Social has been weaponized? Here you go: Facebook exec helped Cuomo smear sex-harassment accuser: AG (nypost.com).
Facts keep piling up that say government is not shooting straight with the people they work for: ‘For $1/Day’… Double-Blind Ivermectin Study Reveals COVID Patients Recover More Quickly, Are Less Infectious. Though our friend who just passed was using Ivermectin. His wife bounced right back from her bout, though.
Great Job Cut Data
When the ADP Jobs Report landed Wednesday, we would have expected more than a simple 323 point wobble in the Dow. Yet, overnight the futures were run up more than 150 points, though reality seems to be seeping in now.
One reason is the Challenger Job Cuts report just out:
“U.S.-based employers announced 18,942 job cuts in July, down 93% from the 262,649 cuts announced in the same month last year. Last month’s total is the lowest since in June 2000, when 17,241 job cuts were announced, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.”
Tomorrow we get the “official employment numbers.”
The key thing to look for in them will be the CES (Current Employment Survey) Birth-Death Model.
I’ll go out on a limb here and make two wild-ass predictions for you: 1) the majority (if not all) of the Federal report gains tomorrow will be “made up” jobs. “Estimated” into existence by the CES Birth Death Model.
My second prediction is easier: We will still not have as many people actually working and holding jobs as we did in 2019.
Third prediction? Since I’m out on the predicting plank here? How about America crosses the $29-trillion National Debt Figure this month, or within 2-weeks of when a debt ceiling “compromise is reached”? Not far to go:
New Unemployment Claims
383,000 new claims were expected. But here’s what actually showed up:
All of which will drive the market HSD (higher, sideways, or down).
Rail Traffic Data
We like to look at Port and Rail traffic to get a good sense of how America’s really doing. The Association of American Railroads weekly Rail-time Indicators this week noted:
““U.S. rail traffic in July 2021 was up over July 2020, but the percentage increase was significantly lower than in other recent months, both because of more difficult comparisons and because various external factors have led to a recent deceleration in rail volumes,” said AAR Senior Vice President John T. Gray. “For example, grain exports are down sharply, taking rail carloads of grain down with them; automakers are still hampered by semiconductor shortages, leading to sharply lower rail auto volumes; and worldwide supply chain slowdowns are impacting both rail customers and railroads themselves. While all of these should be manageable, temporary setbacks, their convergence has resulted in weaker rail volumes than basic domestic economic factors might otherwise imply.”
Then, looking at Port Traffic this year: See what’s wrong here with Los Angeles Cargo stats?
Yep. Port of Los Angeles data. Over the viaduct at Long Beach in June? From a Port of LB presser:
“Dockworkers and terminal operators moved 724,297 twenty-foot equivalent units in June, up 20.3% from the same month last year. Imports rose 18.8% to 357,101 TEUs, while exports saw a relatively flat decrease of 0.5% to 116,947 TEUs. Empty containers moved through the Port jumped 36% to 250,249 TEUs.”
We are, as a country, continuing to see an erosion in primary manufacturing independence (years-long trend to least labor cost countries) while monetizing climate, gender, and race studies and “environmentally sound” new industries here.
Right, sure, you betcha… (But they do create a lot of hot air…)
Maybe Covid has damaged more taste buds than we thought: Put Oil and Vinegar on Your Ice Cream. Just Do It, says LifeHacker. Um…naw.
Can I get that with chips? GM CEO Mary Barra confirms new electric truck and van for commercial customers.
Say, you don’t think there might be an Apple-GM merger or takeover coming, do you? Apple’s biggest supplier buys new plant for electric vehicle chips | iMore. Let’s see GM misses, Barra hypes EVs, shares down 7%, anyway. Apple keeps eyeing the EV and self-driving market…hmm…
Chippie Thursday: PRO/AH/EDR> Plague, animal – USA: (CA) chipmunk, alert. We thought only the politicians in CA were rabid…
After they’re done stealing everyone’s savings? Fed Official Says Interest Rate Increases Could Be Warranted in 2023 – (nytimes.com).
Let’s Blame Trump for something else: Trump’s Muslim Ban Harmed Muslim Americans’ Health, Study Finds.
Billionaire Girls Club: Rihanna Is Now Reportedly A Billionaire, Making Her The Richest Woman In Music.
Something fishy going on here: Giant sea bass are thriving in Mexican waters – scientific research that found them to be critically endangered stopped at the US-Mexico border (yahoo.com). Border damages thinking, see?
Dow Futures: Up 74, but most of this is because of the weak dollar. When the dollar is getting the living shit kicked out of it, it takes more dollars to buy the same underlying asset. Repricing as more (but more worth less) fiat dollars makes it seem like times are good.
Until we wake up with a debt hangover. Also reprices BTC ($38,000 this morning) up on the same basis: Takes more cheaper dollars which doesn’t mean BTC is going anywhere. It does outline the dollar’s cratering, nicely, though.
I should film The Blair Currency Project or Bernanke’s Baby.
Off to replace a hose faucet. I was going to headline it “Ure to play with his plumbing!” But that was judged too factual for the politically and genderly woke.
Write when when you get rich,