I suppose we should begin with the Falling Markets part. Because we have been tracking America’s lurch toward a Second ’29 for a couple of decades.  A current (through early Futures today) looks (how to say this?) less than stellar… Going into tonight’s State of the Onion, let’s see how the Replay of 1929 is evolving: … Read More

We don’t expect a lot of fireworks today.  A fine day to finish writing a new chapter of my next book, Downsizing, which is being serialized on  the Peoplenomics.com site for subscribers.  Along with the charts and so forth and such-not. With showers moving through Texas and a mid-week cold snap, we have a brief reprieve before … Read More

Where to begin? Well, those radio tubes from 50-miles away – misdirected by the USPS Coppell mail and storage place to Arizona and God-knows where today… still isn’t here.  But 8 days now to go 50 miles is damn near walking speed. Which left time for plumbing. When Our Hero Last Reported… The high-use faucet … Read More

The first few minutes is bullshit, but block three hours for some serious reality.   And when Musk out propaganda by networks, go look for the words “Putinization” and “rickroll” in the news flow on co-opted media this weekend… -ure

Two parts to it: The rolling news part and the ChartPack part as the markets hedge. It’s not a long discussion per se. Doesn’t need to be. But this being the weekend, and with the odds of Spring ahead this month, the gloom of winter is passing.  Until Monday, at least More for Subscribers ||| … Read More

The Real World Order is coming out of the shadows.  The evidence is mounting around us:  A variant of “civil war” may be unfolding before us.  A “War Behind the Headlines” spectacle?  Well, why not? Everything else has been virtualized, right? Consider – as just one example – Wall Street Apes on X: “The problem has … Read More

Might as well get the GDP numbers out of the way first: Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024, according to the second estimate. In the third quarter, real GDP increased 3.1 percent. The increase in real GDP in the fourth quarter primarily … Read More

OK, so Europe struggles to put its “big boy pants’ on while the Deep State goes to war on Musk. Toss in nearly two dozen charts (and how to look at them as “snow stakes” in wintery mountains) and a grand time will be had by all. Well, except people trying to make it big … Read More

AI bubble ending is one thing but the housing situation?  Well, gets interesting, doesn’t it? “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 3.9% annual return for December, up from a 3.7% annual gain in the previous month. The 10-City Composite saw an annual … Read More

Really, really bad, to answer the rhetorical question. I won’t call it a “breakthrough” but we have been using our Ebbinghaus-Ure Model to good effect with the market decline gathering speed now.  Last week, I was warning you (go ahead and look at the chart) that a “convergence of averages” can sometimes spell Big Change.  … Read More

Busy as hell around here (though I know it has been coming).  Spring is in the air and for one old man, two deck plans and a generator shed plus greenhouse repairs, plus…  well, to the column, huh? VIX, Volatility, and CFNAI We figure another hard down (or blow-off rally) will happen this week.  Because … Read More

The philosophy of workmanship, purpose of life, and durable projects is served up for brunch. A Project Gutenberg page, The Project Gutenberg eBook on The Way to Wealth, by Benjamin Franklin. (free) deserves a bookmark.  For in it, Franklin speaks of Practical Matters: “Keep thy shop, and thy shop will keep thee:” and again, “If … Read More

When “reality bites” you’ll want to have the peroxide handy. Rinse out the wounded past and get on with the living. Think about all the incisors! We’ve got rumors of Ukraine turning over, a president who is doing more housecleaning than Heloise (hint, hint). And the Left is getting darned near desperate. Thing that worries … Read More