In the ChartPack today some very bad news for Bulls.  There is a simple way to compare the recent run of the markets in this “Replaying 1929” period. Not only will we run those numbers for you – and call of the laggard – but we will also talk about why a soft hyperinflation probably … Read More

TL;DR:  Yawner in the pre-open as markets recalibrate post-Fed. The Future is challenging to sketch in, and a four-seasons earthquake near Japan overnight. Markets Hit Snooze This is really a “now what?” “Alexa: set snooze alarm for Monday…” Clickiocity We can’t get too worked up over the Kimmel story.  But, related, we see this as … Read More

TL;DR: A new paper redefining what Crypto means has just been published, with staggering implications for siloed economic thinking. Among them: local “Truth” in economics may drive cyclicity. Philly Fed numbers and Unemployment filings are out, and while not 3I/ATLAS, October still looks set to “rock” the world. Crypto & Investing in the Post-Truth World … Read More

Just in: “In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 4 to 4?1/4 percent. In considering additional adjustments to the target range for the federal funds rate, the Committee … Read More

On Human Use of Cognitive Prosthetics.  Since we did our comprehensive pre-Fed discussion in the Sunday special edition (here), we give away the first part of my newest thinking and writing adventure this morning.  What’s it about? What if the tools we use every day—books, language, coffee, meditation, even AI—aren’t just conveniences, but actual mind … Read More

TL;DR:  New Retail Sales figures have just been reported this day-before FOMC. Questions arise on Trans links to the Kirk killing.  And in health and anti-aging research lard beat EVOO (Extra Virgin Olive Oil) hints research. Retail Before Fed Just out: “Advance Estimates of U.S. Retail and Food Services Advance estimates of U.S. retail and … Read More

Actually, this matters a great deal with the Fed meeting this week.  From the NY Fed as part of their Survey of Consumer Expectations Series: SCE HOUSEHOLD SPENDING SURVEY August Survey: Overall Household Spending Growth Ticks Down; Large Purchases Increase The median reported year-over-year increase in monthly nominal household spending declined to 4.1 percent in August … Read More

TL;DR: Empire State data drops, retail may get a tariff-driven bump, and wage growth isn’t “soft” so much as shadow-boxing with inflation.   Geopoliics grinds toward expanding war. Personal productivity and how to stall are covered. Big Picture Economics Note: Peoplenomics.com subscribers are reminded I posted a special update on Sunday, Click here to access. Or, here … Read More

A special Peoplenomics subscribers only report ahead of this week’s Fed FOMC.   Markets today are running hot when every major cycle in the book says they should be cooling. That’s not just a quirk of data — it’s a setup we’ve only seen a handful of times in the last century, and none of them … Read More

TL;DR: Sharpening is one of those simple-but-deep shop skills that separate hacks from craftsmen. Everything you build boils down to four riffs — measure, cut, join, finish — and cutting only works when the tool’s sharp. Angles matter, whether it’s 15° on a sushi knife or 30° on an axe. Grinders and belts speed the … Read More

Few economic reports really scare the hell out of us. But there was one report that shocked us deeply. So deeply, in fact, that we will deconstruct today for subscribers. The reason? Well, here’s a good starting point: Between Q1 of 2025 and Q2—the period of this report—about 70 percent of the financial gains in … Read More

TL;DR: Markets pause after a stretch of highs, Fed week looms, Europe wobbles toward war, Kirk shooter still loose now reported in custody — world’s still fukt. Around the Ranch? Out-plan, out-maneuver, live better while others whine. Fish Wrap, Huh? Come on, buddy. Even my AI stack knows this one by heart: ““Fish wrap Friday” is … Read More

We usually refresh this replay chart only twice a week at Peoplenomics.com, but with the Fed decision looming it seems worth an extra look. Think of it as a framework for weighing whether today’s rally is strength—or the kind of blow-off pattern history has warned us about. ~Ure