Coping: Tuesday in the WoWW

Nothing like new adventures in the World of Woo-Woo to set things on course for the day:

Hi George,

I had a strange bit of woo-woo yesterday.  I was folding clothes in my bedroom and dividing mine to stay in the house or go out to my workout room.  A little later I took the clothes out to the workout room, dumped them on the floor, and then proceeded to put them into drawers.  As I picked up the last sweat shirt, I noticed something blue on the floor.  I picked it up and it was underwear that my youngest son would have outgrown about two years ago.  No one has any idea how it got there.  I know it wasn’t there when I started folding clothes.

Best,  Dennis

No telling how this kind of thing happens.  But like the other stuff that goes missing, hides out in some alternate dimension for a while, and then shows up back in this one – but at an unusual place (or one we have looked at previously) – the article involved is definitely more “personal” in nature.

I don’t know why this might be the case, except that maybe (as a wild guess) it has something to do with the way humans manifest things from their “field”. 

Stand by while we collect data on what colors of underwear seem to disappear most often…

WoWW 2

This report from reader Jeff is pretty good – and notice again how it is a “personal” item?

Back in younger days I had a set of Keys go missing. Set in same place on dining room table every day. Son was over (1st grader) and when we needed to leave keys were gone.

He swore he didn’t touch them. Several years later was moving and wanted to take the table apart to move. Leaned table on its side and the keys fell out from under the table.

Whether he put the there or they “moved” never know but after remaking about a dozen keys and then getting locks changed it was an expensive WoWW.

One other research note if you’re following along:  A lot of the WoWW stories seem to happen in the proximity of young children – right on up through about mid-teen years.

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When China Sneezes…

…the world gets a cold.    Even on Cinco de Mayo. Odd, how that works.

You can see it in the numbers from overnight.  China’s  Hang Seng Index was down 1.28%.  What does that mean other places in the world?  Well, in Europe this morning Germany dropped 1.31% and the French dropped 1.17% (as of when I looked). 

I’m pretty sure that the UK stock market would be tanking, too, but this is a public holiday for the kneelers.

Karnack the Magnificent, I am not.  But a one percent drop in the Dow today would mean a decline of 165 points by the close and 19 points being shaved off the S&P.  Not saying it will come to that, but let’s look to see if there is any really good news, shall we?

Pfizer  might consider changing its name to Pfizzer after a major earnings miss this morning might be fairly called a Pfizzle.

Later on this morning we’ll get some Institute for Supply Management numbers, but that’s not going to turn the tide of a fourth month in a row on the downside in China.

Events later in the week include a balance of trade number tomorrow, productivity on Wednesday, and couple of other blah-blah numbers.

The one to watch?  That will be the Wednesday release of Consumer Debt by the Fed.  This is the one rich kapitalists slobber over  because if they can keep you signing on the dotted line, going deeper in debt (to them) they make more money.

In case you’ve been asleep lately?  That’s what most places no longer even need a signature on the checkout machines if the tab is $50-bucks or less.

This is all part of the long slow slide into the Mark of the Beast which will become the next level for computers (see: Person of Interest and Samaritan which did Beta this week for details) and yes, it’s all true, what Edward Snowden has been saying about “Whole populations”are living under more or less total electronic surveillance.

All of which gets us to a topic for an upcoming Peoplenomics report: The Criminalization of Cash, but it’s too early for deep thoughts just yet, being Monday and all.

For now, the crooked world is spinning away and just marking time until Russia rolls west to save citizens in…oh, wait.  That’s our next story…

In the meantime, our first economic data point has me wondering whether to head out for Mexican food today, or Chinese.  Yah see how tough Monday’s are?  Cinco’about it.

Russian Rolls?

Bear claws, is more like it:  The Russian Bear has huge numbers of troops positioned and ready to roll into Ukraine’s eastern sections as soon as the civil war breaks out there.

And that could be any old time.

The mobgov (coup) in Kiev is sending its special forces troops into Odessa after a deadline series of classes over the weekend.

Meantime, the Jewish community of Odessa is planning evacuations because the right-wingers behind the Kiev coup are – in some cases – violently anti-Semitic.

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Coping: A Second “Horror Story” Comes True

Oh boy!  Here we go, again.  Another one of those “hide under the bed” or cuddle with your squeeze in silent fear stories – the stuff of horror tales – is coming true right before our eyes.

Not following?

Let me begin at the beginning then.  With Mary Shelly’s novel Frankenstein, then. 

You remember the plot, I’m sure:  “Mad scientist” type gets a body of a recently dead fellow, except he really gets the body of a just-deposed murder, and shocks it back to life using electricity.

If you’re over 40, or so, you will remember this as a fine and scary black and white movie.  But since, oh, about 1960 or so, this was the first of our “Horror Stories” that came true.

You’ll recall my great^6grandfather, Andrew N. Ure (1778-1857) was doing research in his Glasgow (Scotland) University digs in the period immediately following 1801 when he’d picked up his MD ticket (such as they were at the time).

In his researches, he had become fascinated with the work of  Galvani and others who had begun to study how electricity could be used to cause muscle contractions.  The family “PR problem” was that he was experimenting on a convicted murder/thief’s body; that of one Matthew Clydesdale.

Fire up the source cells and apply the juice and what happened?  From Andrew’s notes:

“Every muscle of the body was immediately agitated with convulsive movements resembling a violent shuddering from cold. … On moving the second rod from hip to heel, the knee being previously bent, the leg was thrown out with such violence as nearly to overturn one of the assistants, who in vain tried to prevent its extension. The body was also made to perform the movements of breathing by stimulating the phrenic nerve and the diaphragm. When the supraorbital nerve was excited ‘every muscle in his countenance was simultaneously thrown into fearful action; rage, horror, despair, anguish, and ghastly smiles, united their hideous expressions in the murderer’s face, surpassing far the wildest representations of Fuseli or a Kean. At this period several of the spectators were forced to leave the apartment from terror or sickness, and one gentleman fainted.’”

We all know what happened next:  PR trouble showed up in the form of Mary Shelley’s novel Frankenstein published anonymously in 1818 in London as a poke at care-to-guess-who?

Curiously, the name (Frankenstein) was the name of the scientist, not the monster; in the book the large Lurch was known as Adam:

The creature has often been mistakenly called “Frankenstein”. In 1908 one author said “It is strange to note how well-nigh universally the term “Frankenstein” is misused, even by intelligent people, as describing some hideous monster”.[30] Edith Wharton‘s The Reef (1916) describes an unruly child as an “infant Frankenstein.”[31] David Lindsay’s “The Bridal Ornament”, published in The Rover, 12 June 1844, mentioned “the maker of poor Frankenstein.” After the release of James Whale‘s popular 1931 film Frankenstein, the public at large began speaking of the monster itself as “Frankenstein”. A reference to this occurs in Bride of Frankenstein (1935) and in several subsequent films in the series, as well as in film titles such as Abbott and Costello Meet Frankenstein.

All of which gets us to how this first Horror Story became real.  Fast forward to the mid-1950’s and going into the 60’s under Wikipedia’s entry about “defibrillators…”

You see, the horror story evolved and began to “come true” over about a 40-year period of time when medicine, if you’ll forgive me, made some “shocking advances.”

-chest method[edit]

Until the early 1950s, defibrillation of the heart was possible only when the chest cavity was open during surgery. The technique used an alternating voltage from a 300 or greater volt source delivered to the sides of the exposed heart by ‘paddle’ electrodes where each electrode was a flat or slightly concave metal plate of about 40 mm diameter.

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Charts Marking Time: An Abbreviated Update

Due to travel plans and local commitments, our usual report will be extremely abbreviated today. However, since many people are interested in our Trading Models, the ChartPack section is available this morning. Yes, this morning’s report was done in a timely manner as always, but this is one of those odd “Server ate my homework” mornings… 4-hours of research and writing gone overnight when my server decided it would restart to apply an update. Expect a longer than usual report Wednesday as a result.

6.3%? Figures Lie/Divisor magic

Let the good times roll?  Well, IF you believe the latest figures out, then unemployment dropped dramatically tis month:

Total nonfarm payroll employment rose by 288,000, and the unemployment rate fell by 0.4 percentage point to 6.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Employment gains were widespread, led by job growth in professional and business services, retail trade, food services and drinking places, and construction.

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Coping: Friday in the WoWW

The first stop (after the headlines, o’ course) is in the World of Woo-Woo (WoWW) where things continue to heat up. 

Reader Dian’s got a case here which defies explanation:

Hi George,

I’m a long time reader and I’ve always been interested in the WoW reports. I don’t know if mine counts because it isn’t about any disappear/reappear event. Tuesday morning I was in the shower getting ready for work, and expecting the appearance of my house cleaner. I heard a woman’s voice say, very clearly, “May I come in?” and although a little surprised (we have two bathrooms) I replied “Of course”. I peeked out from behind the shower curtain, and no one was there. The house cleaner didn’t show up until 2 hours later, so I have no idea who the new lady in the house is … just thought it was interesting.

Hmmm…the obvious question:  Any details of the voice?  Young/old, cute, ugly sounding?  Impressions?

Young, soft, female, friendly – not anyone I know or have known and no Texas accent – but loud enough to be heard over the sound of water in the shower.

Yep, that’s an odd one, alright.  Let us know if you hear the voice again.  Ask something liker “Come on it…and gimme them Lotto numbers for Saturday’s drawing…”

(If that works, send half, lol)

How Reality Works

Reader Bill’s been looking at all these WoWW reports and he’s come up with a theory which I kinda thought was self-evident:

…spent my early career years partly on a “6-plate, flat-bed Movieola” 35mm filmediting bench.  So, when I saw your graphic representing the Universe bifurcatingupon someone, somewhere making a Quantum Observation (a.k.a. “decision”). and two film tracks proceeding forward in time forming a “Y” at the decision point, it fit right into my World View.

Now, here’s the New Idea:

While folks discuss the split point voluminously, they never mention the two  tracks reintegrating, rejoining, a bit down the road.  No reason I can see to forbid a Perfect Reintegration — and maybe several more splits and splicings as we bump along on the road to wherever we’re all going…

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Ures Truly Hedges a Bet

Yes.  If the market collapsed between now and the end of June, I will be fabulously wealthy. 

And I was doing fine living out this delusion until three things happened Wednesday:

1.  The Fed took a middle road.

2.  The Peoplenomics.com  Trading Model was back in bullish mode this week

3.  I ran out of Tums

When all three things stack up like this, I buy the most highly levered insurance policy I can find.  In  this case (one minute before the Wednesday close) I bound a put option on a triple levered downside (bear) ETF product.  That way, if there is a melt-up, the ETF bear product will drop like a free-falling safe and my put option will protect me from losing my shirt.

I might have just gone to cash, but it I wanted to do that, what’s the point of gambling?

With that, Personal Incomes are just out:

Personal income increased $78.4 billion, or 0.5 percent, and disposable personal income (DPI) increased $68.0 billion, or 0.5 percent, in March, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $107.2 billion, or 0.9 percent. In February, personal income increased $54.3 billion, or 0.4 percent, DPI increased $47.6 billion, or 0.4 percent, and PCE increased $54.7 billion, or 0.5 percent, based on revised estimates. Real DPI increased 0.3 percent in March, the same increase as in February. Real PCE increased 0.7 percent in March, compared with an increase of 0.4 percent in February.

And the choice parts:

Personal outlays — PCE, personal interest payments, and personal current transfer payments — increased $109.7 billion in March, compared with an increase of $57.2 billion in February. PCE increased $107.2 billion, compared with an increase of $54.7 billion.

Personal saving — DPI less personal outlays — was $487.7 billion in March, compared with $529.4 billion in February. The personal saving rate — personal saving as a percentage of disposable personal income — was 3.8 percent in March, compared with 4.2 percent in February.

The market looks to open about flat, though gold is down.  But the real thing to watch is the Baltic Dry Index which continues to decline and is now down to 943 in this morning’s reading.  Which means choppy to down more often than not.

Still, I one a put on a put (which is like a call, but without having to give up being a bear to do it) because…well…either money in that or in Tums.

Waiting on War

Notice how since pro-Russians are taking more real estate the story has been driven from lead item in most media outlets?

Ethics of state death penalty and the Dow closing at a record high (not accompanied by the S&P or NASDAQ, so it reeks of painting the tape) displace it.

You’re not supposed to think through the implications of China becoming the world’s largest economy, either.

Nope, nothing to see here, move along, citizen…

Hey, Al! Department

Dear former vice president Gore;

Did you see what the National Weather Service delivered this morning?  A frost advisory for parts of Texas.  Here it is MAY and where is our you-know-what?

Here Come the Drones

Quietly released as a safety advisory to pilots:

April 21, 2014, the FAA announced that the first of six selected test site for performing unmanned aircraft system (UAS) research is now operational in North Dakota.
The FAA granted the North Dakota Department of Commerce team a Certificate of Waiver or Authorization (COA) to begin using a Draganflyer X4ES small UAS at its Northern Plains Unmanned Aircraft Systems Test Site. The COA is effective for two years.

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Coping: With Life in the ‘Rock Tumbler

This morning’s column is a little shorter than usual due to Universe delivering our favorite “theme” live and in person.

Life’s theme for Thursday may be found online here.

So, Ure, what exactly is ‘piling up?’”

Brother in law was admitted to the hospital Wednesday.  A kind thought or prayer is appreciated.

As you may remember, this man is the closest thing you’ll find to a shortened  “Rambo.”  Rangers, SF, two tours in ‘Nam and usually last guy out of the LZ’s.  Endlessly sharpens knives…

He’s had a persistent cough for three months and northing seems to be touching it (cipro, the whole spectrum of stuff) and so he’s in taking advantage of TriCare to name down just what’s going on.

Best case?  I’ve got my money on walking pneumonia because the other bet (CHF but we don’t talk about that possibility) is not one I want to think about.  Symptoms fit, though.  Worse at night/laying down/at night.  Gradually improving through the day.  Time for the pokenprodders.

Instead of jumping online and writing my usual long, glib column, I was busy looking for homecoming gifts this morning and now (is it time yet?) we get to the rock tumbler part.

Panama Bates, like all good foot soldiers (even ones who hid too well in a training exercise and had to walk 600 miles out of Turkey years and years back) always keeps his eyes on where he’s walking.  And he likes archeology.   So he finds things (like curious rocks and old coins and this and that’s.

Besides, rock hounding is fun.

Here lately, he’s been talking about going up to Arkansas just after a good rain has come through in order to look for diamonds.

If you haven’t looked yet, a gander at Crater of Diamonds State Park over here will give you a worthwhile destination for your RV’ing.

Sifting though yards of dirt sounded suspiciously like real work to me, but intrepid rock hounds are driving by things like the 6.19 carat White Diamond found up there.

Oh sure, states always have their hooks out for money, but this one place (Arkansas) gets a little slack in my book for at least giving state residents an even chance.

Naturally, his trip has been postponed.  (We haven’t figured out how to lash a hospital bed to the pickup yet.

So when he comes home, he’ll be arriving to find a rock polishing kit consisting of  a 6 Lb Rotary Dual Drum Rock Tumbler Lapidary Polisher along with assorted add-ons and grits and bags of stones.

Nothing aids recovery better than projects around that you’re looking forward to.   If nothing else, the getting up to turn off the clatter ought to get him up and around quickly.

All three of us around the ranch have somehow missed the lapidary/stone polishing angle to life.  I’ve thought about it many times, as has he, but it was time to find the right stuff this morning to cheer his recovery.  Priorities matter.

Elaine will be the ultimate beneficiary, though.  She loves decorating with odd things and a bunch of polished stones ought to keep her busy for months plotting “just the right thing” to do with them.

The Major’s Visit, I

This afternoon, meanwhile, my buddy who I grew up with, will be arriving for 11-days of boys reliving childhood.  Except instead of riding bikes to Tacoma from Seattle or being chased by a hatchet-wielding hobo, we’ll be flying the Beechcrate up to KSPS where his son is in fighter ace /air combat school.

And that meant…

Spending hours Monday polishing the Mouse(keteer).  Just rubbing out and polishing the tops of two wings ate a three hour hole in the day.  And (along with everything else) may have something to do with sleeping through the alarm this morning.

Junior, the Inventor

So here’s my son trying to fix a light that used to come on over “hot files” in the med clinic he works in. 

Hold on a minute, I have an idea…” he said when the light above stopped working.

Enterprising as always, he hung an LED lantern from his “at desk prep kit” and presto!  New light called a  “Portable Chart;s Up Indicator Light  (PCUIL)” system.

I’ve advised him not to get too excited about patenting it…

But in today’s medical market, it may warrant a startup and high dollar IPO.  Yes, things really are that crazy in medicine.

Quips

Making the Rounds: 

If Cliven Bundy had name his ranch Benghazi, the feds would have NEVER shown up…”

And…

I happened to be in the airport office when one of our local pilots came in and while rat killing (Texese for shooting the bull) said something that wasn’t 100% politically correct.

Watch it, or you’ll never own an NBA team,” I warned him.

Consider yourself warned, too.

Canine Cause and Effect Dept.

Local delivery driver lady for a large national moving things absolutely, positively, overnight company dropped off my latest prize from Harbor Fright yesterday.

In the process went into some detail about how her jacket was ripped up by a local dog a few miles away.

Which led to her going into some detail about how dangerous this dog was (coon dog of mixed heritage and all).

Turns out, when I got deeper into the conversation, she’s a dog owner herself.  Has a female Pit.

She swears it would never hurt a fly and is perfectly trained.

My money’s on the dog surprising her one of these days.

Killer breeds are, near as I can figure, very much like politicians.  They all seem OK.

But then when you least expect it….

A daily search of Google’s news engine for [dog bite] makes my case air tight.

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Grist for the Inquiring Mind: Timewaves Post 2012

Every so often I accumulate ideas, clusters of this-and-that’s which don’t fit neatly under a single heading. Timewave Zero’s follow-ons post 2012 fit this mold. So rather than spend (waste?) a lot of time coming up with a logical framework for “hanging it all together” I thought instead this morning I’d share what amount to a series of “Post-Its” for folks like us who are trying to make a buck, minimize our tax consequences, and then hide it from the ravages of inflation and deflation. Oh, and along the way make a few more bucks.

Just Out: Happy–Talk on Housing?

Well, it depends on which chart you want to look at, I suppose, as the Case Shiller/S&P/Dow Jones monthly housing report is out.  Based on a consistent 20-city sample, I take this one as the “gold standard” of real estate price reports:

New York, April 29, 2014 – Data through February 2014, released today by S&P Dow Jones Indices for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show that the annual rates of gain slowed for the 10-City and 20-City Composites. The Composites posted 13.1% and 12.9% in the twelve months ending February 2014. Thirteen cities saw lower annual rates in February. Las Vegas, the leader, posted 23.1% year-over-year versus 24.9% in January. The only city in the Sun Belt that saw improvement in its year-over-year return was San Diego with an increase of 19.9%.

Both Composites remained relatively unchanged month-over-month.

Thirteen of the twenty cities declined in February. Cleveland had the largest decline of 1.6% followed by Chicago and Minneapolis at -0.9%. Las Vegas posted -0.1%, marking its first decline in almost two years. Tampa showed its largest decline of 0.7% since January 2012.

“Prices remained steady from January to February for the two Composite indices,” says David M.

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Interplanet Janet and the Choice From Hell

If Ben Bernanke was “Helicopter Ben” for his plans to try and “out-print” pernicious deflation, as I’ve been forecasting for months now, Fed boss Janet Yellen may be about to surpass Bernanke and play out the role of Schoolhouse Rock’s Interplanet Janet. I’ve been telling you for months that in lieu of the Quantitative Easing (QE) scam, the Fed would quietly turn on mass money printing as an alternative to ending up with another few trillion on their balance sheet. And thus, we arrive at this morning’s rantings of Ure local economic madman. Suppose the market is doing a huge pump and dump ahead of tomorrow’s Federal Reserve announcement? Here’s how Janet Yellen’s week could turn ugly:

Coping: Scanning the Alt. Futures

Somewhere along the line, it may have occurred to you to ask”Why is this Ure fellow so wrapped up in research related to longwave economics?”

I hope you won’t be too disappointed:  For me it’s all about being prepared for the future.  As I have said uncountable times, there are two ways to win in Life.  You can play for maximum gains (in which case I assure you I would be stinkin’ rich by now) OR you can play for minimum loss, in which case you find me with a lone gold coin, surrounded by large trees, money in the back, wonderful wife, debt-free, and so forth.

OK…this has what to do with the future?

Well, if you don’t have a pretty good idea about what the future holds, you won’t be able to project what is coming.  Thus, if you hold to the “plan for minimum losses” approach, you won’t know what to plan for.

Take any number of past topics around here that we have seen coming well in advance.  Like the present shortage (in some areas and some calibers).  I first started to write about this back in 2007 or 2008 when the Gun Owners of America noticed something odd happening.

Research followed and a few selected bets were made.  And so I never have to worry about that aspect of future.

Same thing with food prices and shortages. 

Researched the hell out of things, and sure enough, we think the outlook for food, especially in light of the energy and bee picture is pretty grim.  How to hedge?  Coauthor a book on hydroponics and have all kinds of preps in that regard and the large (20 panels worth) of solar power to ensure we will be cool and fed into the future.

When that first appeared, the critical items (MaxiGrow and MaxiBloom) were picked up in bulk.  Again,; another problem we won’t have to worry about.

And so it goes:  Future appears, gives hints, one proactively plans and then kicks back to watch how the play follows as 7-billion people follow along behind.

Economics is not the only way to play this game, of course.  I used to write a good bit about an approach called predictive linguistics.

But the goal posts are now moving in that arena.  In fact, just yesterday, a EurekaAlert offered this:

A system detects global trends in social networks 2 months in advance

Works using just 50,000 Twitter accounts

This news release is available in Spanish.

A new method of monitoring identifies what information will be relevant on social networks up to two months in advance. This may help predict social movements, consumer reactions or possible outbreaks of epidemics, according to a study in the Universidad Carlos III of Madrid (UC3M) is participating.

The aim of the research, on which scientists from the Universidad Autónoma of Madrid, the NICTA of Australia, and the American universities Yale and the University of California-San Diego have also collaborated, was to test what is known as the “sensors hypothesis” on the social networks: Is it possible to find a group of people (sentinels or sensors) with a special position that would allow the information that “goes viral” globally on the internet to be monitored? “If we could do that, we would be able to predict that viral spread, which would allow us to better understand social mobilization, debates regarding opinions, health, etc., and to determine how they become global,” explains one of the researchers, Esteban Moro Egido, of the Interdisciplinary Complex Systems Group at UC3M (Grupo Interdisciplinar de Sistemas Complejos).

Nice work, huh?

Of course the problem with this is that we (you, me, the genpop at large) will never see all the outputs from this because why?  How about “We’re not writing the checks…”?

A good bit can, however, be done with simple tools like word frequency analysis, which is why our very public www.nostracodeus.com project runs daily and posts bits, clips, but mainly words that are either ascending or descending and these give us a sense of future.

While yesterday’s data has us looking for some kind of replay or referencing of Nelson Mandela over coming days, we are intrigued by the present word groupings Sanctions, War, Attack, Economy, Collapse.  Grady will have an update on the www.nostracodeus.com site this morning.  Main thing is this is not a system where so much interpretation is left to the discretion of an informed analyst.  Rather, the data is the data and we can all look at the tea leaves using the tool.

And that gets us to the point.  (At last!)

The other way of “seeing alternate futures” is by paying attention to dreams.

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Sleep Till Thursday–or War

Like every Monday, this one started as all Mondays do; looking with disbelief at how transient the weekend was and wondering “What the hell did I really get done in two days?”  and “Where’d the weekend go???

A check of the sky, the radiation survey meter next to my desk, and noticing that the sky was still devoid of glowing mushrooms, led me to conclude that War didn’t break out this weekend over Ukraine and thus, predictable, the market ought to rally this morning until the next turd-in-the-punch-bowl shows up in headlines. 50 up at the open, call it.

I figure about Thursday the punch will turn undrinkable.

Here’s Ure’s Impeckerble Logic:

    • The only major economic news this morning is a “Who cares?” housing number on pending home sales.  This ought to be down, but figuring out “How far is down?” is hardly worth the calories needed to fire neurons.  So there goes Monday.
    • That gets us (still snoozing) to Tuesday when the Case-Shiller/S&P/Dow Jones (and whoever else wanders by) 20-City Housing Index comes around. This one ought to tell us we’re still stuck at 2003-2004 prices, but, as usual, only the top 2 percent of the assembled multitude will wonder what $100 in 2003 would buy today.  (The correct answer is $77.82 worth, since to hold purchasing power of a $100 bill printed in 2003 you’d need $128..15 today.)  Yes, dear, that really means something but not to the nation’s lamebrain financial press which can’t adjust inflation to save their sorry souls.
    • The other tell-tale tomorrow is Consumer Confidence (emphasis on the “con” parts.  More than anything, an economic realist, such as you-know-who, will use this to calibrate “Kentucky Windage” on how slow-thinking the ‘Mercian public is with all these pills in ‘em.
    • You’d need to be a subscriber to Peoplenomics.com in order to hear the blood boil about the advance GDP numbers coming Wednesday.

    Then we get to Thursday and by about here, we ought to figure out what “Mayday!  Mayday!  Mayday!” is all about because…

      • Challenger job cuts come out.
      • Personal Income (always a giggle) will be released along with it’s hysterical side-kick “personal savings rate” which includes (you’ll love this…) paying down credit card debt. (Honest accounting would book the depreciated value of the crap you bought, but that’s a longish rant you are too busy for…)
      • This all comprises something to do with Personal Consumption Expenditure tables, which is sort of like the trauma doc’s notes on why your wallet (OK, or purse) is bleeding red all over the place.  (“Change!” remember?  Which, in turn, is kinda like “One born every minute” but with a voting lever.)
      • Construction spending (down on single family is my bet, up on chicken coops for the poor and disenfranchised to keep ‘em in hock to The Man, I figure).
      • And if that’s not enough, once the morning’s tears have been wiped away, along with come auto and truck sales just in time to ruin an otherwise pending Miller time Thursday after the Fed Money Printing Festival Revelations are disclosed.  (Seems like I’m the only guy saying “Holy crap!  Printing M1 here lately at almost 19%…where’s the inflation?  None?  OMG that means DEFLATION has really started to dig in!!!”)

      To wrap up the week, we should get the unemployment rate, hourly earnings and factory orders (What factories?  They’re all in China, FCOL).

      Now, perhaps this is a somewhat elongated soliloquy to get to my first point:  But here’s the deal, plain and simple:

      Since we talked Friday, a story came out that US factories are gaining on China.  In longer versions of the story, like this one in USA Today, what you read is all about how productivity is increasing in America.  Which, no doubt, it is.  I mean, the Boston Consulting Group is shooting straight, right?

      To me, however, this is one of those good-news, bad-news kinda of stories.  Why?  Well, I’m sure all the productivity stories are true and yeah, sure, you betcha there will be jobs building the factories.  But what’s going to be inside? 

      Machines.  Automation.  Robots.

      And it sets the baseline for a deeper discussion which I’m going to keep harping on you about until you want to puke:  Productivity reaching the mystical 100% means no jobs for humans.  And that’s the bugger in the whole equation of modern capitalism.  One of two.

      T’other?  If you’ve been paying attention, it is that even with lower interest rates, we have falling behind the power curve, so that compound interest still eats the global economic system in short order, which is why the New World Order clowns are all scared shitless because they know that periodic global economic depressions don’t end happily. (Look around you for signs and portents.)

      While we wait for the unhappy ending (which some prescient/RV/seer types figure will be 2015-2016, the Big Slide is on and this year’s “Sell in May and Go Away” could be one for the record books. Just a hunch, mind you.

      There’s no point in worrying about it this morning:   This is still Monday.  And like the headline this morning said in just five words and a punctuator:  Sleep Till Thursday – Or War.

      We’ll get to that next…

      War!  (Of words, so far)

      President Traveler is taking time out from his Asia cuisine to announce “New U.S. Sanctions on Russia over Ukraine.”  (I had leftover spaghetti this morning, but the national press seems to have overlooked my side of it.)

      Poor move. On Sanctions, not my spaghetti.   No, make that really, really dumb move for two reasons that ought to be obvious.

      1.  If you tell Russia what we’re going to do, before it is in place, then Russia will hit the push buttons on their programmed response and the net gain is nil.

      2.  Secondly, Russia made it through the weekend without going into eastern Ukraine, so now is NOT the time to be slapping on sanctions.  Unless you’re trying to pick a fight, of course, and in that case, must be some really bad news about the economy on the horizon because the #1 reason for most wars is socioeconomic…

      3.  Third:  Putin will be really pissed when he reads in the NY Times how the US/West is after his personal hidden wealth around the world, figures our tipster Madison Avenue Mike.

      So with this (mild, restrained) analysis, let’s see what warhammer sees as he polished his spectacles and oak leaves…

      George,

      It is vital that leaders in the West examine all the viable motivations for Russia’s annexation of the Crimea and its apparent intent on safeguarding the bordering Eastern Ukraine. While I do not agree with all the points laid out in the article by the Guardian . .

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