I said all of what I had to say (about mis-direction over actual Jobs data) in our Thursday column.  As we expected, the Big Bouncy Thursday was a reasonable call.  Which brings us to this morning’s coverage of the Bureau of Labor Statistics “offishul” jobs report. To make this easy for you to follow, we … Read More

Slow is good. OK, a little grating sometimes.  But overall, slow is sometimes the best course. BBT (Big Bouncy Thursday) Big Bounce Thursday is our beginning example.  The Dow sold off more than 300-points Wednesday.  Mainly because the Federal Reserve didn’t cave-in to the habitual panhandlers on Wall Street who always want something (like a … Read More

You see, Life is kinda like that point in checkers where you can move anywhere, but so can your opponent.  In order to win, the key lesson is always being “one jump ahead.” Except, we don’t habitually think in this aggressive, in charge, pro-active mode.  People just react to “whatever” and that’s a shortcut to … Read More

Perhaps not to trigger the Fed, we found the wording of this morning’s S&P Case-Shiller Housing report interesting: NEW YORK, JANUARY 30, 2024:  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 November 2023 show that 12 … Read More

[First of a two-part column today: Housing data in the next report about 8:15 Central] We know – from first-hand in-country reports out of places like Costa Rica (where we have intelligent readers) – that someone is loading up South Americans and bringing them to the U.S. border to be part of the Invasion of America. … Read More

Our sense of the market this week is to be wary for a sell-off before the Fed Meeting results Wednesday. Especially if you have been following the CME Fed tool which is not particularly happy about the odds of a Fed move this week. There’s a ton of data this too, so a double-whammy on the … Read More

The once-credible Drudge Report has flipped into the sensationalist column, as we figure it. Headlining that an ARMED TRUCKER CONVOY is headed to the Biden-backed open border. When one takes the time to make a disciplined read of reports, the link off the “ARMED” fearcast leads to the story The MAGA Truckers are Back—And Heading to … Read More

We make more money being short the market. But in the short term some NY Fed data out Friday bears a closer look. Which we will do as well as we size up the rest of the economy. I think the bottom line might surprise you. It did us. Then we’ll review the real-life inflation … Read More

Fairytales are fun.  Though usually best delivered by a loving parent, not our own government for crying out loud.  But sometimes we don’t have a choice. Call me the Burger King…because here’s today’s Whopper: “Personal income increased $60.0 billion (0.3 percent at a monthly rate) in December. Disposable personal income (DPI)—personal income less personal current taxes—increased … Read More

Most of this was covered on our Peoplenomics subscription side Wednesday, but we are “bleeding over onto the free site” because things are evolving quickly and on multiple “fronts.” War – But When? We have never heard the drums of war beating as loudly as today. Not during the Vietnam conflict, not in Desert Storm, and … Read More

With Bitcoin scrapping at the $40,000 level, we ponder where all the made-up Covid money will eventually take root.  Some of it has gone into plain-old higher prices, sure.  But the charts are interesting. Another chapter in my latest book Building a Personal Ark is shared, And what morning would be complete without a side … Read More

I want to take you back a ways. November 8, 2021.  Dow closed at 36,432.22  while the S&P nailed 4,701.70.  Off to the side the NASDAQ rolled up 15,982.36.  Our Aggregate Index ended the day at 41,953.86.  The Yahoo Finance history notched an adjusted price of $67,566.83 that day, as well. Then there was Monday’s … Read More

This is the kind of day when I feel just a bit paranoid about the future.  Things are “stacking up” and if you look very, very closely you can almost make out possible signs and portents of what’s to come. To begin with, the high-roller’s party is over in Cheezerland. Which is another way of saying the Davosians … Read More