Cost of Living Surprise? 11.3%! Second Lockdown Ahead?

Two topics hold our rapt attention these days.  Money and Viruses.  Being “old people” on Social Security as we are, much of our Quality of Life is defined by a) Money and b) What we can do with it. Cost of Living: General Government fixes the annual Cost of Living adjustment for Social Security in … Read More

A “Final Fourth of July?”

Holiday ho! So we’ll roll with a deeper neuron firing exercise today… Data Bulge Worries Us Is something happening next Wednesday that I missed the distro on? I simply put dates into a search engine and…what’s this?  We will have to turn on the Princeton EGGs, too. Smart People Matter Economics and human behavior are … Read More

Housing Leads Higher

We know that stocks are up around 40% year on year.  But, whether much of that is actual growth or government inflation to “paper-over” a second Depression is a worthwhile conversation. One thing you do need – regardless of your station in life – is a roof over your head.  Usefully, the Case-Shiller/S&P Housing report … Read More

Painting the Tape – How Bad Could it Get?

Not to out the “secrets of intergenerational families” that really run everything, but just what does “Painting the tape” mean?  And, does it really happen? Some numbers to make the case.  and using the early futures pricing today from last Friday: The Dow was down a little over one-half of one percent (0.584%) The S&P … Read More

Money Supply vs. Market Prices (Simplified)

Oh, sure, of course.  That trade I mentioned Thursday morning (hinting at the DOG of a trade) handed-in a modest return before the close Thursday.  Love when the DOG‘s come home for dinner. It was expected, though I should have waited on my entry instead of going in during the after-hours session.  Still, it bagged a … Read More

Fed Meets, Retail, Ex-Im, and Moon Phases

Whew!  That’s-a some laundry list. But no worries:  Part of my new “less time writing” regimen (leaving more time for doing, at least in theory) demands we skip over the longish discussions and get right to the heart of the matter. Fed Meeting As often happens, credit for some keen insights goes to my consigliere for remarks … Read More

Misdirection Friday (Stocks, Biden, Economy)

No, last night’s Pandemic speech by Joe Biden is not a State of the Union speech.  As this little snip from the U.S. House website here says: “The formal basis for the State of the Union Address is from the U.S. Constitution: The President “shall from time to time give to the Congress Information of the … Read More

Powell’s Foot, Revisionist Data

Ah, wonderful wash-out on Thursday, no? I can almost imagine the conversation now (remember, this is fiction, right?): Some WH Idiot:  “What we need is to have the masks stay on longer, Dr. Powell.  So if you could think of something that would lows down the demasking so the whole CV-19 thing doesn’t look so much … Read More

Markets on the High Board: Replay 1929 – or 1998?

Those of us judging Long Wave Economics are ready with the flip-number boards as the market heads toward what we’d reckon – at first blush – to be at least a retest of the Thursday lows. After that, it’s anyone’s guess, although we sure like the look of a modest rally for at least a … Read More

Markets Set to Falter? Modern Bag-Holders

As our Peoplenomics readers have known for a good while, there has been a small – but larger-than-zero – chance the stock market would end its meteoric rise (on Made-UP-Money) around the President’s weekend. So far, that has evidenced itself by a slow-motion, rolling-top in our Aggregate Index work. While this doesn’t mean “The End” is … Read More

ShopTalk: A UFO “Conspiracy” Becomes Real…

Woo-Woo or Ultra-Science?  That’s the Question. It has been popular in American politics of late to diss all manner of disagreeable and still “information-controlled” alleged facts as “Conspiracies.” To this, the Denying Party then proclaims that ALL Conspiracies are Wrong. This morning, we show otherwise. UFO MATERIAL:  Recovered and Tested Although nothing new to our Peoplenomics readers, … Read More

Market Divergences – Expectations Dim

Right out of the chute today,  a nod to the National Federation of Independent Business.  Which issued a not-so-happy outlook today:  “The net percent of owners expecting better business conditions falls 55 points in 4 months.” Additional Details: “WASHINGTON, D.C. (Feb. 9, 2021) – The NFIB Small Business Optimism Index declined in January to 95.0, down 0.9 from … Read More

Market Pics Bucs, Ure Call Chiefs, Higher than ’29 Now

There is only one way the market can collapse next week:  That is if the K.C. Chiefs score a huge upset on Super Bowl Sunday. The hell of it is?  We think that’s a pretty good possibility.  But follow along the ‘business logic’ of it all and we shall see come Sunday night… Higher than … Read More