Much to cover, but not a lot of really exciting headlines…yet. Those will be along tomorrow, when, for example, Mr. Banker – Jerome Powell – speaks. But it’s only the start of the week’s entertainment: ADP jobs Wednesday, Challenger Job Cuts Thursday, and the happily estimated federal jobs report Friday. All “What could go wrong?” … Read More
…and ceiling,, too…. The (never-ending) project of getting the guest quarters up to snuff saw the “bulk, underlying” mud go on this week: Some discussion of old construction sheetrock repairs is warranted by this (ugly, but only for now) view. When “dealing with ceiling” and a repair of this type, I like to put a … Read More
Software mirrors psychology, as we figure it. And important consideration when trying not just to sort out what the ChartPack hints at, but a whole field of research in and of itself. You see, we don’t get much training in how to use the components of mind: There’s a graphics layer, a data table view…all … Read More
“The Road to Hell is paved with good intentions,” says an old (Ure) family saying. Further on it says “And it’s lined with idiots watching…” Now, we’re thinking the Road routes through Florida. At issue are misleading headlines. Like Florida bill would require bloggers who write about governor to register with the state | WFLA. … Read More
This whole “Woke” thing is on the rocks. But, sadly, not giving up without a fight. Case #1: Lightfoot Out As we told subscribers: “Woke Got Fired.” As The Hill reports: The Memo: Lightfoot is latest Democrat to fall to anger over crime. Nor will Lightfoot likely be the last. We hear from people in Oregon, … Read More
While in the shower Monday morning, one of those “Doh!” moments hit me. I won’t spoil the (deep) thought, but it explains nearly 100 percent of what’s going on both socially and economically around the world today. If you want to understand news headlines, read Joseph Tainter. Which we will lay out – vastly simplified … Read More
Despite the upward bias in markets, we again may be the only people who can read, around here. S&P CORELOGIC CASE-SHILLER INDEX DECLINE CONTINUED IN DECEMBER NEW YORK, FEBRUARY 28, 2023: S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. … Read More
We have been telling you for years: If you are young, don’t expect to retire until at least 68 – and as of this morning it looks like the FRA (full retirement age) could be bumped to 70. Take a careful read of A bipartisan group of Senators is talking about raising the retirement age … Read More
Bipolar disorder is a great place to start. Although, like gout, BPD does come with some benefits. Like super creativity – depending on where you are in the cycle. Over on the subscriber side, I’ve been working on the market BPD indicator. Which as the preopen today was trying to tell us: On the subscriber … Read More
The ShopTalk Sunday column is about making things to eat. But not just any things. There’s the whole aspect of doing of things to perfection woven into the mix, too. Which leads directly to Tuesday’s disaster which rippled to within inches of becoming a $249 Chocolate Chip Cookie. However, many “Foodie” things are “cooking” here. 1- We will … Read More
You could almost hear the ice breaking under the weight of bloated markets this week. But the REAL trouble is apparent in this morning’s ChartPack where our rhymes with 1929 work says things are likely to go polyphonic. Plus, we’ll kick off with a “woo-woo” commentary – first person – and tell you about one … Read More
When I checked early this morning, Crypto’s leader (BTC) was down into the $23,800 range. Considering the high this week was over $25,000 three days ago; this was hardly encouraging news. The story out Thursday that got very little play was a joint statement by the Federal Reserve, Comptroller of the Currency, and FDIC. Bottom … Read More
Although the new GDP (gross domestic product) report is out, I want to tell you why it’s a bad indicator in many ways. All has to do with inflation. So, pretend you show up at a used car lot. You need a beater for getting to work. You spy some 20-year old import and the … Read More