I moved most of the “hard news” (BS political crap) to the Coping section this morning since a keen insight into America’s death-dance deserved further elucidation. There really isn’t much to elucidate about. Trump still Tweets too much. Go read ‘em here. One a day (reviewed by staff in advance?) would be fine. Dances With … Read More
A Monday Political Treatise from the Old Reporter. It’s not exactly a “revolution.” And it’s not quite a Civil War… But neither is it a “coup d’etat” at least in the usual sense. The term “sedition” comes close, too. But not quite. The only word that fits is “The Obamalution.” Obamalution: (noun) A clever legal … Read More
We dispense with our usual (and slightly cynical) view of the news in this weekend’s report in order to ensure that you have a very clear handle on the major decision-point immediately ahead not only for the U.S. but also Global Markets. If you are not a subscriber, I think if you ever “get around … Read More
WTF do people expect here? I got an email from a reader (in the Comments section) who is very, very upset with what he takes as a lack of precision in terms of forecasting the minute of popping of the mega-bubble we’re now in. Specifically, he doesn’t like the idea that when the year began, … Read More
The more I read in the area of quantum mechanics, the more it becomes clear to me that while science and religion were once on divergent courses, since the revolution in quantum theory beginning in the 1920’s, they are once again headed towards convergence. This is not to suggest that you should throw off any … Read More
We are “on hold” this morning after the big run-up in the market – more than 300 points – on Wednesday. Not that it is unexpected. As I have been showing you (week after week) when we line up the market low of 1921 and the market low of 2009 using our Aggregate approach to … Read More
simple title art) Reader Note: If you are just catching on, each Thursday we’re are doing a chapter each week of a book I’m writing for Millennials – teaching the insights that will (hopefully!) allow them to live long and prosper – and be around to clean up after us Old People who made a … Read More
Sorry for the grotesque title. Psycho-social day here. It could have just as easily been “Why you should be long in the market right now but William Dudley of the NY Fed is wrong about “animal spirits” as we will explain. An another native title might have been: George Lectures on Excel VLOOKUP functions and … Read More
George on the Soap Box this morning. Skip the first article if you just want the daily ration of press releases and market stuff. You see? Eventually, when you have enough money, principles DO MATTER. Whether you agree with his policies, or not, president Trump is likely to call for a major revision in the … Read More
It’s true, of course, that everyone has the same number of hours in the day. It’s also true, however, that not everyone gets the same amount of “work” done. I got to thinking about this following our Monday discussion of how “work probably doesn’t “weigh” anything.” After a bit of personal soul-searching, I came to … Read More
I won’t be the one to question the Oscars. Instead I’ll be the one asking “What’s Entertainment?” On the surface, a foolish question. But when I read how “If the LA Times hadn’t broken an embargo in 1940, the Oscars envelope mix-up might have never happened,” it occurred to me that we live in a … Read More
My antigravity research has stumbled on a damning question that I’m, having great difficulty answering: What does “work” weigh? No…seriously! Sure, it’s an odd question for a Monday morning to bandy about. But nevertheless it’s a fascinating one when you get into it a ways. The question came up as I started to clean up … Read More
This morning we look at a kind of novel idea: Should you “document” your home? What would be involved – and what are the payoffs – if any? But first, we zoom-in on our Replay of 1929 roll along and see how the market is doing as it tracks our parabolic blow-off expectations…on our way … Read More