Getcherass outa-bed and hoptuit! Enough of this fenagling around the house and rat killing! Time to get out of bed and go make (or destroy) something.
I’ve decided on the latter. Because, as mentioned in the Monday column, looks to me like the price of lumber is out of slumber, so with kids in schools and carpenters with rules (and real estate agents with fools), time to grab the tools and leave the pools.
The tear-down of the front deck will commence when the Go! button is pressed here.
Sizing ‘er Up
Markets aren’t sure what to make of headlines today. They’re about flat. Dow’s up a few but when the Euro marts are down, that argues for a weak start here. Especially when gold was down early, as well.
A number of bond auctions roll today, but not much exciting economic data until the jobless claims Thursday and the Gross Domestic Product Friday. Which will only be useful to see if the Velocity of Money at M2 is meaningfully moving, yet. Looks in the long-term like it’s still on a ventilator as of last month’s measurement.
The Fed’s problem is called SARs. Standard Accounting Ratios. Which – even with you back out the ginormous hyperinflation of money printing and re-re-and-re leading STILL does not a solid economy make. Remnants of industrial America (the once self-sufficient Gem of the Ocean) are scattered all over the globe, though mostly in Asia. Leaving America making-up monetizations based on the liberalista’s rediscovering weather (turned “climate”), gender (turned “choice”) and meaningless color differences (turned racism).
Not sure how you make a silk purse out of those “sow’s ears.” But, we’re working on it. Seems a terrible waste of human capital to re-examine pretty much settled science. Don’t mind us, though. We’d just like faster computers, wider bandwidth, national self-sufficiency, and to be able to “move around the country freely.” (Sound money would be nice!)
Once up on a time, huh?
Four Market Jitters
Count ’em as we go: Numero Uno is open borders and the influx of OTM military-aged males. Not just at the border, but who do you trust to vet what will be coming our way from the ‘Stan debacle? We’re looking at this coming weekend as the (whatever) anniversary of 9/11. The fear porn industry will do a predictable ramp. The counter-party media shills will talk “oil on the waters” and “America has never been stronger…‘ BS. And we’ll see what gives.
Meanwhile, the level-headed Bozeman Chronicle has it about right: “Editorial: Return to Trump’s border policies.” Which has clay feet because the leftist press in America (LPA) can never allow anything Trump to be considered “good old days…” (Though, in fairness there was a border….)
Number 2: September must be shop vac month because stocks typically SUCK in Sucktember. We’ll get a sense of the kpa’s involved Wednesday afternoon when Consumer Debt (called credit by banksters) is pronounced.
Number 3: As we explained in the Monday whine, the market is going up presently at about a 35% annual rate. This is less sustainable than coal-fired power plants. Because while there really is enough coal and fossil energy to drag out the ending scene of humans for a few hundred years, the Fed will run out of zeroes long before that.
And Number 4: Mu…ah yes. Mu is a “special problem” because it’s a key illustration of how our thinking (as a Nation, well once, anyway) used to be focused. At the time of the last Depression mu was a measurement of vacuum tube gain factors. Before that? It was (per Wikipedia):
“…a legendary lost continent. The term was introduced by Augustus Le Plongeon, who used the “Land of Mu” as an alternative name for Atlantis. It was subsequently popularized as an alternative term for the hypothetical land of Lemuria by James Churchward, who asserted that Mu was located in the Pacific Ocean before its destruction. The place of Mu in literature has been discussed in detail in Lost Continents (1954) by L. Sprague de Camp.”
There’s a kind of intellectual snow cone in how the “place of Mu” is where? Hint from the NY Daily News is “New Mu COVID-19 variant found in 49 U.S. states.”
Add it all up and it’s what we call the Preparation-H World. A bit of a pain in the ass but it still beats the alternatives.
Power is piece-wise coming back on down in NOLA (though school is a dart toss) and – per several impacted readers – clean up from Ida flooding is working its way through. Locally, our slice of Texas is a week-to-10 days from rain.
The good news? We have cool overnights of fall beginning right on schedule. 65 outside early. Almost down to working weather.
Anymore, when the temp is higher than my age, I go inside for coffee and a nap.
In the News Compactor
Still burning out West: New Wildfires Erupt In California As Officials Make Progress On The Caldor Fire. Which gets us to mentioning the national drought monitor isn’t looking well, at all:
Our fear is that the drought will now expand – perhaps next year – and move into the nation’s breadbasket sections. You can probably pencil-out what could happen to food prices, right?
Still, No “Second Maunder”: The sunspot number for September is 19.1 which is right on track for Cycle 25 on the Sun:
While climate hysteria (which runs hot & cold, lol) continues monetizing the sheep, the data looks pretty lame to tame in the longer view of things.
I mean sure, if you want to get worked up over “climate” (or any of the new industrial monetizations America is so desperately flailing about trying to gin up) have fun with it. Do try to remember, it’s people who are likely to kill you. Not. your gender, race, or the weather. People…always the danger!
NY Daily News Odd One du jour: Ready for some kink? Japanese police arrest man who allegedly stole over 700 pieces of women’s underwear from laundromats. We figure the perp was a little, um, “under-wired…”
Left Leg Cramp Woo-Woo
OK, here’s a weird occurrence out here in the woods for you to think about.
I awoke at 3:45 AM from a dream with a horrible cramp in my left calf muscle. I mean aching like a sonovabitch. Couldn’t even move. Rolled upright, tried to get up and put weight on it. But just couldn’t do it. After 3-minutes of total agony it finally loosened up.
Since the #1 cause of leg cramps is dehydration, I drank a ton of water and went back to sleep. Probably 5-minutes to four AM.
Alarm goes off at 5 AM. Elaine sits up…yelling.
“Oh my God… I have a terrible cramp in my left calf! I can’t even stand on it!”
Again, after about 3-4 minutes of total agony, her left leg cramp passed, too. She drank a ton of water, and so forth, as well.
Now Here’s the Weird Part
I have never even heard of two people having his & her’s matching calf cramps within 70 minutes of one another.
Which set me off on the food check. We both had rib steaks last night: Elaine’s was seasoned with BBQ sauce, cut into bite-sized and stir-fried on the stove. Mine was covered in olive oil and fresh cracked pepper and put on the BBQ to M/MR.
We also had baked potatoes: Microwaved Yukon’s, finished on the top shelf rack of the BBQ to give the skins a little “crunch” which we both like. Butter and some cottage cheese on top.
We didn’t have the same drinks (E had red wine, I had a couple of Rolling Rocks). We don’t do desserts. So I have about exhausted my suspect list at this point. We each dissolved a melatonin under our tongues (boosts HGH while sleeping, an anti-aging move), but we’ve been doing that for months and months.
Of course then the mind begins to wonder “OK, is there something to all this 5G satellite paranoia on the web? Or, are we under some kind of spiritual attack? Or…maybe because the weather turned 10-degrees colder for an overnight low?”
Maybe there’s an answer to this, but it was a serious little bit of woo-woo, so if the world seems a little crazier than “normal” (whatever that is anymore!) maybe we are all being programmed in our sleep or all forgetting to drink water so we can get up more than once a night to pee?
Seriously: Theories are welcome! Also reports of severe leg cramps in your left leg early AM Texas time. I mean who knows, maybe this is an odd energetic burst of Cramp Waves from Space?
Dow futures improved a bit to +38 with 90-minutes to the opening. Color us skeptical and unconvinced. Nothing in the news flow has improved much since Friday. Confronted by a Bull today? Just say “Moo!”
Write when the leg cramps pass, and you get rich…