Hard to make sense of the world through press off ejaculate “pressers” which artfully pick and choose morality to suit agitprop goals. However, through the lenses of history and economics, a pattern begins to fill in. And so, as near as we can figure it, the Weimar (II) has been saved by Powell as the … Read More
Life Extension has a hard limit defined by personal income over time. Wife Elaine nailed it at breakfast Monday when she said “You can’t have one without the Other.” Life extension mainly costs money and investments usually cost time. Today, we’ll look at this balancing problem. And begin to draw an odd kind of outlook … Read More
The rally that stopped us out after a modest bear side short Monday continued into the market close. And the hell of it is? It’s likely to continue today. OK – fine. Rallies happen. And we did tell Peoplenomics subscribers on Saturday that: “Our favored view is higher Monday and Tuesday with Fed errors (raising anyway) … Read More
There is a saying in technical analysis: “You can have Price, or you can have Time. But you can’t have them both, together.” I’ve been trading stocks since 1971, and even with more than half a century of investing, picking both time and price has been a vexation. Yes, we know the world will end in … Read More
Although I got a lot done this week, including some long-winded columns both here and on the Peoplenomics site, the two greatest accomplishments in making for a better spring were getting our income taxes done and repairing the lawnmower. “Wait? The NEW Mower?“ Yeah, buddy. The NEW mower. Which we bought from Lowes, and which … Read More
Between Banking (and “special treatment for the rich”) along with one war hot, one brewing, a former president facing a possible perp-walk, and rampant inflation in hard assets, it’s a hard weekend not to have the jitters. Sorry to say: We can’t alleviate too many. But, our steely-eyed view of things will remind you that … Read More
The temps dropped in East Texas overnight. The leading edge of expressed “bitterness” in the coming weeks and even months. A period with more of an Angostura bent than most. Tomorrow night, we’ll kiss freezing out here, but that should be the last of Nature’s winter. Man’s winter will be measured in years. In Economic … Read More
The curse of George Ure is ALWAYS being too early. I booked a small loss Wednesday because of misjudging the start of what may be the beginning of the stock market shaking off the recent banking mania. Although, in fairness, Arnold’s “I’ll be back…” line is likely to be apropos. The future is always clear … Read More
I was wrong when I thought my book Packing to Die: Suitcase between your ears” was done. It turns out that upon reflection, there is still a chapter missing. Maybe even a missing “next book.” Which we will rectify today with an additional chapter that will be added to the book (on Kindle) in the … Read More
There’s too much going on to mess with flowery language today. We have a ton to cover before the next leg down. But we need, like the Air Force 2025 study did, circa 1996, to consider the long-term historical “Where’ve we been?” and “Where we are going?” kind of questions. Bank runs and Crypto’s role … Read More
Surely, you remember the position of Germany in the Weimar Republic debacle following imposition of reparations on the Kaiser’s former Germanic republic. It’s a period of many lessons, not the least of which is: Reparations exacted from unwilling people tend to blow up. Reparations often blow in a hyperinflationary manner. (Money has to come from … Read More
Here’s what half a century of news reporting (and management geeking) teaches pretty clearly. When the first line of a press release begins: “To support American businesses and households, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet … Read More
As you may have guessed, I got up super early Sunday because I forgot that this was “daylight time weekend.” After writing up the outdoor/yardwork and gardening adventures of Saturday, I decided it might be a good idea to “re-synch with the time change.” After a high protein breakfast (two egg tomato and cheese omelet … Read More