Depends on Your Zoom Level In the study of qi (qigong), the adept is advised to look for the mysteries on at least three levels: The transient mysteries, the great mysteries, and the Grand mysteries. (Some qigong practitioners prefer subtle wonder, mysterious wonder, and incredible wonder as classifications. Qigong teachings date back thousands of years, emanating the mountain … Read More
10 Things Better Than the Debate OK…I watched it. What a freakin waste of time. OMG! What would have been better? Going to bed 90-minutes earlier. That would have had health benefits. Listening to some smooth jazz and meditating. Although, I would have been asleep in 5… Praying. But that would still land me sleeping … Read More
Another Market Inflection Point? Several readers have asked about where the market could be headed. The simple answer is? “It’s almost anywhere…” You need to survey the currents and counters swirling about: This morning Jerome Powell (jefe d’ Fed ) speaks. Markets generally “play nicey-nice” while official-speak is being dispensed. The other Fed reveals this … Read More
Students of economic depressions may be pretty clear on where America “went wrong.” Well, at least they should be clear in about five-years or so…the point of today’s outlook: The American economic system? Strong as ever. But its fatal weakness? Economic contraction. We living in a system that has been optimized as a growth model. … Read More
Covered my first “real” election in Seattle back in 1970. Wes Uhlman was elected mayor that year. Stayed up – did the “victory party rounds’ jammed an old Sony TC-110 cassette recorder mic in everyone’s face. Winners said the same this as today – ditto for losers. Well, except maybe the losers then were a … Read More
This morning features DDD – Decent Data Density and a chance for people to ponder whether typical pre-holiday optimism will show up. At the same time, the flood waters may be receding a bit as we’ve had our own adventures with rain here at the ranch. Making Up Money Dept. Let’s start with they data because … Read More
Another scorcher coming up here in East Texas. With all the hype and BS about “climate change” we should be in the middle of a desert by now. But, lo and behold, just two days of 100+ temps likely this summer – and that’s counting today. This is a first couple of weeks of August … Read More
To get “out of the Rat Race” you don’t have to “kill all the rats.” You just have to out-think them. We’ll run down the job cut data and more, in a sec. but it’s important to start with the big contexts and then gnaw our way toward the cheese. You see, most people don’t … Read More
There’s a very subtle shift going on in America right now: We’re slowly seeing the underpinnings of society under attack on the one hand (monetization of racism, Marxist-Digital Insurrection). But on the other, we’re seeing the hollowing-out of the modest residual purchasing power remaining in the “American Dollar.” In fact, if you Wiki “Federal Reserve … Read More
The Future is sometimes terribly easy to see. But, when you look at it square-on, it can be really ugly. As a result, faced with a declining set of prospects of achieve “health, wealth, and happiness” people turn their faces. Averting their gaze is what America is doing a lot of right now. Tomorrow, an … Read More
Pick a disaster…plenty to choose from…no crowding, social distance, please! And so begins another Thursday. Besides the Fed data on “jacking up the money supply” – after the close today – there is the small matter of the implosion of the once middle-class in ‘Merica, as revealed in the Wednesday consumer debt report. In it, … Read More
“Economists” call it “Modern Monetary Theory.” Wiki it and you’ll find the idea is dreadfully simple – make it up: “MMT argues that governments create new money by using fiscal policy. According to advocates, the primary risk once the economy reaches full employment is inflation, which can be addressed by gathering taxes to reduce purchasing … Read More
Breaking: Weekly Unemployment Data Just out from Labor: “In the week ending June 13, the advance figure for seasonally adjusted initial claims was 1,508,000, a decrease of 58,000 from the previous week’s revised level. The previous week’s level was revised up by 24,000 from 1,542,000 to 1,566,000. The 4-week moving average was 1,773,500, a decrease … Read More