ShopTalk Sunday: Second Depression Fix-It Shops?

Play before Work, I always say. (But never actually do.) Where is the Welder Review??? There’s a “dog ate my welder” story in here… Today was scheduled to be a review of that Chineseum knock-off of the Smith Little Torch.  That one retails on the Zon for (take a look).  While the Chineseum was under $25-bucks – … Read More

GDP, Corporate Profits, U.I. Filings plus Shopping

Early futures were still pointing up when I first checked on them about 3:30 AM.  Apparently, our “pre-holiday” blow-off is continuing.  Although the mania formerly known as crypto mania is missing the boat.  BTC was under $29,000 last time I checked. Here’s the latest from the Economics Desk of Rip N. Reed: GDP Important to … Read More

Collapse: Readings from Jas, Jared, and Michael

Yes.  Global Systemic Collapse is coming into view. We’ve all sort-of known that the world has been living on borrowed time.  But, like that Library book you kept forgetting to return, we have skipped the actual doing something about it.  “Such a small daily fine, after all.” So, we have cheated, cajoled, polarized, and differentiated to the … Read More

Retail Sails, Slow Joe Blows Poll Shows

Might as well get the morning’s big econ story out of the way first:  Retail sales for March have just been released: “Advance estimates of U.S. retail and food services sales for March 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $665.7 billion, an increase of 0.5 … Read More

Gas & War, Job Cut Hype, Reaction Time Measures

Nice and businesslike this morning:  Starting with the odds-on World War III this weekend. War Risk Reduced? That might be a possibility if the happy-talk on point is right.  But, as you will read, we don’t think the “reportage” on this has been particularly objective. So, let’s roll with some of the good coverage and then … Read More

CFNAI, War, and Woo-Woo Reports

A dandy day of Spring, Sunday.  Second day of spring is a lot more “iffy.” Let’s begin with economic matters, especially the Chicago Fed National Activity Indicator which is just out: “The Chicago Fed National Activity Index (CFNAI) moved down to +0.51 in February from +0.59 in January. Three of the four broad categories of … Read More

Trash Pump Tuesday: Fed-in-the-Box, PPI Wreckage

I’ll save the more erudite discourse for Peoplenomics tomorrow.  Because those readers are more likely to find topics like Hysteresis in Financial Decision Making quite interesting. The general ides, though, is that of lag-times as the Future rolls into view. We are seeing this play out right now in Ukraine. The Ukrainians do X (cut off … Read More

$2,000 Gold, Screaming Oil, Dimming Prospects

Our future is Fertilizer.  Which takes a bit of explaining. When I said, a week or so back, that the market was rotating into position where a “make or break” was due – and a visit to the bottom of an obvious trend channel becomes likely. Today – and maybe carrying into tomorrow – we … Read More

Odds of WW III Fear Sparking Global Crash

Again, except for Peoplenomics.com reports, I will keep comments relatively short.  There is still much prepping to be done here before the arrival of “NSNW” Year, as we outlined back at Christmas. Yes, that’s right: We nailed future pretty damn well, if I do say so myself, in UrbanSurvival 2022: War Year? What KIND of … Read More

Train Wreck Chart Talk (Shelling and Data)

“May you live in interesting times.”  And, as Robert Kennedy said in a Cape Town speech (1966) “Like it or not we live in interesting times.” Although Kennedy attributed the quote to a “Chinese curse” there is no support in the literature for such a phrase.  We know a few multicultural white hats. This morning, … Read More

Warrior Moon vs. Turnaround Tuesday

Warrior Moon is tomorrow, or rather, tonight, depending on which side of the International Dateline you’re on. The term is rarely seen, outside of the old historical pieces, and even then, it’s often in concert with other language.  In 1907 it appears in Henry Smith Williams’ World History discussing a people who “worshipped a warrior … Read More

Joe’s Inflation. Supply Chain Wreck – and New Arms Race

It’s the trifecta from hell.  But, unless you’re making bets on Sunday’s Stupor Bowl, those are the games in progress. Sure, sure, the media is selling hard on Covid rules relaxation (“END OF COVID RULES?” leading here). But it’s only a “courtesy pivot” from the WEF’s “Great Reset” agenda – which is JAM (just another monetization) the way … Read More

Painting the Tape: See Suckerfish Dance

We never offer investment advice around here.  Just an odd way of looking at finances wrought by cobbling an F/U lifestyle of a complexified minimalist. The notion of minimalism is fine.  But, in a technological age, anyone trying to relive Thoreau’s Walden is crazy.  Even though we have been premature dropouts from high-pressure city life, we … Read More