Or, “How to Steal Without Robbing….” Yeah, you’d think you can’t “steal from someone” without  robbing them, right? For mere mortals, the likes of us, that’d be the case.  But in the CRAZY world of Made Up Money (*disguised as “Modern Monetary Theory” which is a misleading label for Marxist Monetary Theory, which is turn … Read More

We have two “stories that matter” in addition to the continually soars, jacked-up-on-cash shit-show previously known as the Stock Market.  Normally, given the serious hit to both employment  and economic activity, stocks would decline to lower levels of equilibrium as risk and reward rebalance. However, with the (not really)  Federal (and with no…) Reserve, save … Read More

Oh no!  George has roughed out another book idea. And subscribers will vote the project up or down.  I hope it will be a harder choice than the choice in the fall election. Before that, a bit of pre-holiday news to go over and the market charts, of course as well.,.. More for Subscribers      |||  … Read More

Incomplete data due to CV-19 in Detroit area. YEAR-OVER-YEAR  The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 4.7% annual gain in April, up from 4.6% in the previous month. The 10-City Composite annual increase came in at 3.4%, remaining the same as last month. The … Read More

We will take care of “real news” first, today.  Down toward the end of this report you’ll find the “book news” and some research notes.  More tomorrow for our  Peoplenomics.com subscribers. Today Plus 2 An abbreviated trading week and before the housing numbers, the Dow futures were down a bit.  Although we did a $60 … Read More

You ever shoot pool, or play golf?  I want you to think back to the wildest of those times.  To either when you rolled the golf-cart over while playing “polo golf” in the rain in Seattle at Jackson Field (Randy, my UPS driver a billion years ago, lost a $20-on that).  Or the time at … Read More

Got up early this (Sunday) morning and a few minutes before sunrise, had a successful “test firing” of the new Harbor Fright Dust Collector: Not terribly noisy – and the old (small) unit will remain installed in a through-wall set up.  It will be plumbed to move the 3D printer odors outdoors.  I may upgrade … Read More

Earlier this week another “Tool Project” came home:  The radial arm saw. To be sure, it will be a bit of work getting it into 100% to my standards of readiness.  There may be some paint, a few rust spots to be “cured” and lots of elbow grease.  Plus, a missing elevation crank has been … Read More

With a mix of terror and remorse, we line up the “history that logically follows” as the markets prepare for collapse.  Just this week, for example the Federal Reserve’s H.6 Money Stocks report owned up to swelling M1 (cash and equivalents) at an annualized rate of 88.5%. While “doubling the money” (or close enough for … Read More

Normally, when you come to U.S. National Holidays, there is a modest upward bias to market action.  Whether it’s from people anticipating good times (oh, and MAYBE a beer or six), or whether it’s just that pessimism fades in bright sunlight (from Vitamin D going up?), we don’t know. The reason, suggests a 2017 paper … Read More

Thursday Data Festival!!!  Which we will jump into in a moment (there’s a lot of data today). First, we want to arrange the data plate that may leave you grabbing at the breakfast table.  To hold on for a “white knuckle experience.”  Deep breath, first…  [aauuummmm manu padme auumm]  (This is the Texas spelling…) Irwin … Read More

If stock market behavior, of late, hasn’t “hung together” for you, we have the answer!  A very short – and pithy (as in “I’m pithed”) at the academic crookery involved in selling the scam called “Modern Monetary Theory” to the witless and stupid that comprise 80% of Americans. But, before we go into the fact-free … Read More

What was it I said in the column this morning?  Here, let me help: “And I’m pretty-sure I had the “earthquake tireds” last night…so we shall see…In  the Valley Between Eclipses, now.“ Why are we NOT surprised at: Event type:                       Earthquake Region:                           Oaxaca, Mexico Geographic coordinates:           16.035N, 95.909W Magnitude:                       7.4 Depth:                           23 km Universal Time (UTC):             … Read More