Yes, in a sense, it’s a quiet one this morning. Fine time to practice short column writing. But tomorrow will be bigger. Be patient. That’s because that’s when the Federal Reserve will be holding it’s FOMC meeting and Wednesday we will get a sense of how much taper to expect and how quickly. There’s other … Read More
We have some new data to go over: International Trade and Productivity in a sec, but before we launch, let’s consider some things: Russia is still moving arms into position opposite Ukraine. China is expanding into the Atlantic, may have container missiles, and Taiwan is as good as gone, as we see it. Then we … Read More
Honestly, very little has changed in the past 24-hours since our last Big Picture of coming events. Russia and the West are pouring war materiel into Eastern Europe. China is still whipping up anti-American sentiment. Markets are getting worried at a deep core level. And above all, 2022-2024 is shaping up as a period when … Read More
We’re set for a rally today. But no wonder! Ure broke his “no day-trading” or “index sniping” and bagged a better than 2.7% gain in the process. I’m also willing to bet our “down under” bear-lover Len had a pretty good day, as well. Since the Lockstralia market was down 21-odd points. Lockstralia is a … Read More
The big news around isn’t markets set for a “dead cat bounce” today. Instead, it’s the return of Mr. Ure’s tractor to 100% with the stump-jumper back in place. I’ve sworn-off fits of day-trading until several major projects around here are done. Hard to do ranch improvement and build-outs (like decks and new rooms) when … Read More
Signs of holiday madness are all around us. Like the crazy events up in cheese land where 20 injured when SUV plows into spectators at parade in Wisconsin. Or, overseas where our late winter war jitters for as early as late January are firming up: Ukraine Expects Russian Assault | National Review, “War’s coming” takes … Read More
We should deal with the Fall Fizzle, first. As I explained for Peoplenomics subscribers in a lot of depth this weekend, the “good news” is that Taiwan’s reunification is now looking like September 2022. For this morning, our Market view is we may get one more leg higher this week, since only the very lowest of our … Read More
No report on my whiz-bang installation of tile in the kitchen this weekend. Because other events overwhelmed “The Plan.” That’s OK, though. Gives me a chance to talk about Project Planning. Which is a seriously important aspect of Life in the Shop. Steps and Pitfalls Given that most Home Shop Projects involve usually four operations (measure, … Read More
Markets are likely to rally today, which we will get to in a second. (Told you that last week if you were paying attention…) More important matters first. Because something much more insidious is going on: The Internet has spawned collapse. You may not see it directly, but what was once a nice – evenly … Read More
We might have made a little lunch money this week. The reason is the market declines from Friday the 13th have been amazing. I mean besides Damning pic of a weak leader: Devine (nypost.com). The real driver is taper talk at the Fed. Seems the party-punch spikers have figured out that sobriety has to come along some … Read More
Two data points to consider as we sneak up on the weekend. The usual unemployment filings – improved: Highlights are the non-seasonally adjusted (no BS actual) numbers. Screaming And the Producer Prices: Bad: Over 12% Annualized Rate: “The Producer Price Index for final demand increased 1.0 percent in July, seasonally adjusted, the U.S. Bureau of … Read More
Got out of bed this morning with an unusual urge. So unusual, that even after standing in front of the recycling station, it persisted. “What’s going on?” I wondered. Then it hit me: The Typical Summer High seems to be in play and with the market’s action Thursday, our Aggregate Index was screaming more upside…for … Read More
Another morning in the land of Shills and Shrills opens with Ure all set to take on another over-scheduled day. What happened to the notion of retirement? I swear, if someone would offer a fair price for UrbanSurvival, I’d retire to a low profile twice-weekly Peoplenomics report and spend more time puttering in the shop. … Read More