A number of factors could play into a sizeable rally, about now. For one, the market made an amazing come-back yesterday – a good thing for my SSO long position.

For another, this is quadruple-witching. And for still more, we are coming up on end of quarter results.

RMEINDER: BTW did you get your Q2 IRS estimated tax paid on time this week?

With the new quarter, we may have some additional inflows into the market.

And the Fed is printing money (yes, Treasury prints, the Fed just promotesd) at a near 12% current run-rate presently.

With the futures about flat when I looked, the global picture has improved markedly.

The three major bourses in Europe were up almost one percent. Up 0.66% in Hong Kong and, more than 1% in Japan.

This is problematic for gold bugs. The US dollar has weakened some, but it’s looking more like one of our long-forecast global coordinated currency devaluations.

What that simply means is that with more money sloshing around the globe it will take a bigger pile of paper to buy the same hard assets. So even though the standard of living can been alleged to be improving, as measured by paper, you won’t be able to buy as much.

At the root, the US dollar only buys about 4.2% of the goods it bought in 1913 when the Fed was created. A steak dinner cost $1 then and is about $23 bucks now.

Steak dinner is the same (except for the rock salt crusted baker may be a different veggie now). It just takes 23-times more paper to buy it.

Since paper printing is the game, especially with low interest rates, we can safely predict a higher market and more expensive steak dinners.

This ain’t rocketry.

Blame it on Micro Homes?

Our press release du jour today is from Census:


Privately-owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,138,000. This is 0.7 percent (±1.3%)* above the revised April rate of 1,130,000, but is 10.1 percent (±1.8%) below the May 2015 estimate of 1,266,000.

Single-family authorizations in May were at a rate of 726,000; this is 2.0 percent (±0.9%) below the revised April figure of 741,000. Authorizations of units in buildings with five units or more were at a rate of 381,000 in May.

HOUSING STARTS Privately-owned housing starts in May were at a seasonally adjusted annual rate of 1,164,000. This is 0.3 percent (±14.0%)* below the revised April estimate of 1,167,000, but is 9.5 percent (±16.0%)* above the May 2015 rate of 1,063,000.

Single-family housing starts in May were at a rate of 764,000; this is 0.3 percent (±13.8%)* above the revised April figure of 762,000. The May rate for units in buildings with five units or more was 396,000.

HOUSING COMPLETIONS Privately-owned housing completions in May were at a seasonally adjusted annual rate of 988,000. This is 5.1 percent (±15.5%)* above the revised April estimate of 940,000, but is 3.5 percent (±13.1%)* below the May 2015 rate of 1,024,000.”

That said, check out the report about how 139 square foot homes are being talked-up in the Bay area.

Who the Hell Runs America?

I am not asking in jest. The question is deadly seriously posed, I assure you.

Let me give you some examples so you can understand my deep concerns as someone who loves America and would like it to stick around for a while – at least long enough for our children to enjoy it. Here’s today’s list:

One: There is a cadre of professional ‘foreign policy’ types in the State Department who are pressing for a larger war in Syria.

In case you haven’t been following, there is a core of neocons who have been around since BC *before Clinton* who have the notion of regime change stuck in their heads. These clowns have failed to observe that the American regime change in Iraq failed, the regime change in Afghanistan hasn’t been a rousing success, neither had Libya, and last time I checked, we muffed Egypt as well.

Today, there are 50 Staters who want to expand American involvement in Syria. So really, what the hell is going on?

I assume you haven’t read the Seymour Hirsch book “The Killing of Osama bin Laden” but the real story in the Hirsch book is much more about the Syria conflict than bin Laden. I suspect the reason for the bin Laden in the title was so that the book could be published in the US, because he outs Syria as being a key to getting a Saudi pipeline into Europe (to compete with Russian oil and gas if you know the economic turf) and pay particular attention to the chapter “Whose Sarin?”

In theory, the Fools on the Hill are supposed to be involved in treaties and war-making. But under the spineless meanderings and political ambitions of turn-coats like Paul Ryan, the sitting president has been allowed to negotiate treaty-like documents and then use excessive administrative powers to effectively sidestep Congress completely.

Then there’s the parting F/U to middle America as the administration is mounting a full-court (no, make that packed Court) press to bring in 10,000 refugees by September 30.

Appeals, I’m sure, to bleeding hearts and empty heads: They wouldn’t be coming if we weren’t warring.

At the same time President Useless was outright lying about having Isis on the run in his remarks this week. Go read the more honest assessment from the CIA director on the hill this week: Highlight? Vetting isn’t very good. And yes, we can expect more ISIS terror coming to America.

Adding insult to injury, American citizens, born, bred, and shaken-down by the tax system here have to wait hours in lines pat-downs the nation’s airports because TSA doesn’t have the necessary resources.

Yet, at the same time, the administration is magically able to”move ‘em right along” to come into America without thorough vetting (and things like a cooling off period, and so forth). In fact, quite the contrary, one of the administration’s going away F/U’s to America ensures we will have IF (immigration fallout) for years to come! If not decades…

Unbelievably, this will likely help the stock market to rally this summer. Maybe even as early as coming weeks because Immigration is the “new growth industry” near as we can figure it.

Here’s why:

To begin with, arriving immigrants need to be processed. Let’s spend your tax money on that first. Hire staff, rent facilities, budgetize and mediaize.

The arrivals need relocation assistance because Obama’s policy seems to be designed to ensure a mosque in almost every city in America. Christian immigrants? Who?

And the flood means government paperwork in yet-another language. And then there will be housing (ignore the taxpayers will get stuck for at least part of the bill) and then will come ethnic food stores, automobiles, unemployment comp, welfare, ESL programs…need a free phone? When the whole thing blows up, we’ll invest in the for-profit prison industry. Yes, this is a clusterf*** of incredible proportions. But lined in green, in case you missed it.

And all because one fellow in Washington hasn’t admitted to two very simple facts:
#1 is that the Koran urges jihad on non-believers and #2 is that Islam is not just a religion….it’s a whole social and governmental system. It doesn’t like women’s rights, or gays (or did you miss Orlando?) or…well, you need to read the book – the complete one – when you get time. Did you know it’s OK to lie to infidels, like you?

If it was only a matter of starting one war, promoting it without a formal declaration of war, prosecuting it for years, and risking escalation with Russia (which is incredibly pissed about our runamuck State Department), the future might still be salvable.

In the meantime, Western headlines go to the idea that “Russia strikes U.S. backed rebels in Syria” says a U.S. Official. Who was the “official?” I didn’t find a name in most reports. I hate unattributed reports.

Unfortunately, there’s the other border…and thanks to the administration’s brilliance, I now live in a state where the Zika virus is in full outbreak, brought here by?

Oh…we must all pay for that mass of “dreamers” (and drug runners) and the administration’s “Catch and Release” program, which includes classifying illegal aliens as “awaiting processing” so as not to report the real magnitude of illegal immigration. This is a fine kettle of fish.

So I return to the question raised at the outset this morning:

Who the hell is in charge?

And since we know the answer to that, would it be OK is we asked him to leave early? Enough is too much.

The Brecit Killing: A Little Too Pat

The Washington/Amazon Post reports today that the “Suspected killer of (a) British lawmaker had ties to neo-Nazi Group, watchdog says.”

Pardon my skepticism here, but this has too much odor to it.

The pro EXIT people were gaining in popularity and were on track to click out of the European Union’s clutches. But today, once again, the BREXIT campaign is on hold.

Who was the “watchdog group” cited as the “source?” Why it’s the Southern Poverty Law Center, which is a DC-based organization.

This news about the alleged perp seems little too smooth for my tastes…and something doesn’t seem to fit. Not this close to the vote.

Could it be that this is one of those cases where Big Money (which wants the Brits in the EU) might have influenced events and conveniently laid it on a “neo-Nazi?” We have to wonder.

And we also wonder if this is a trial run of a template of how other Big Issue elections might be influenced in the future and in other countries?

Here’s another odd point which hasn’t been plastered across the press: The Brits live in one of the most gun-restricted countries in the world. And we’re asked to believe in a home-made gun?

If that’s the case, what does this do to the presently renewed press for gun control here in the US?

Obviously, low-information voters will be fed the simple “It was a shooting of a lawmaker” headline. What they won’t be reminded is how this is another stunning example of how gun control doesn’t work.

The idiocy of gun control is that criminals by definition don’t give a damn about laws… but the gun grabbers want to take away your ability to defend yourself with lethal force, in any event.

Insanity? Uh, well, now that you mentioned it…

Still, it is a sad event and sadder still, we still really do have supremicist groups, both here and abroad that do crazy shit.

This close to the Brexit vote? It feels almost surreal. When things feel surreal, like this, it opens inquiry into deeper conspiracies.

Well, enough.

Come on back Monday and have a great weekend.

Peoplenomics tomorrow is about the growing role percentage-wise of your life partner, the government.