Elaine and I had a marvelous conversation Friday about what we remembered from our youth. (Which for both is a decade over a half-century ago!). Green Jell-O at church gatherings came up. Her preference was for the Jell-O with cottage cheese. Mine? Green Jell-O with a (drained) can of mixed fruit cocktail in it. Topped with a thick layer of marshmallow-cream cheese topping. Odd – tastes, memories, and gatherings. Brings us back to grounding. I sometimes wonder what …
Happy Easter. An odd assortment of items today. We consider the perils of investing in a market gone vertical. Plus some notes on rolling headlines including the odds of war in eastern Ukraine where limited fighting is reported. We tend to run shorter columns when people are “familifying.” A cup of coffee and much to think about, especially in financial aspects and the market. Because It has Risen. More for Subscribers ||| Not a Subscriber? …
A day off (Good Friday) for some, but you wouldn’t know it around here. Who’s Working? The short answer is “Not as many as last year.” The longer answer is wrapped up in the Labor Department monthly job report for March just out: “Total nonfarm payroll employment rose by 916,000 in March, and the unemployment rate edged down to 6.0 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market …
We continue to ponder events to come. Spiced with fresh data this morning including layoffs and first-time unemployment claims. But first, a quick run to the whiteboard to lay out how “Partial Truths” work and why a focus on them is critical. (And a marker huff, lol…) Going into the three-day weekend (for some) may other items loom, of course. Including the Good Friday employment data from the Feds. And then there’s the growing tensions …
We continue looking at the wide range of investments today by looking at tangibles. After (in part 1) seeing the only real (enduring) wealth is that between your ears. If there is anything to “souls” and afterlife, then your carry-out from life is in your memories.Even once we’re taken out “paper” investment vehicles, there’s still a problem on how to classify those that remain.Which we will tackle promptly after a few headlines including the ADP …
Before the S&P data, a heads up to look at the CNN story about “76 all-cash offers on one home. The housing madness shows no signs of slowing.” Proper foreplay for this morning’s S&P Housing report? “NEW YORK, MARCH 30, 2021: 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. Data released today for January 2021 show that home prices continue …
You know the moment: The morning’s “throne work” done, the handle is pressed and the efforts of the morning will soon be flushed away. But the flush is neither instantaneous nor complete in itself. No. There is a pause as the flapper valve just opens. In its advance, the water in the tank flows downward. And it’s there…the Moment of Coriolis. Before the real flushing out takes hold… And so we can trace the financial …
Might as well buy a Lotto ticket, if you think you can make a quick buck in this pig of a market. The reasons are obvious, yet hidden from the public. The Lying Fed? It has been painfully obvious for years that most of the so-called economic gains in America were the effects of pernicious money-printing by the Federal Reserve. However, until a month ago, it was still possible for the small-time investors (like us) to look …