Our “Big View” is scary: A “Synthetic Depression” is being rolled out. Not trying to make you paranoid, but we are following the data…. We think sometimes you don’t try to save all the financial Big Players, as the IMF planning to piss-away a Trillion Dollars which makes no sense. Unless, of course, you don’t … Read More
@ COVID Box Scores First The data early this morning @ 3:30 AM was looking pretty good. But, just in the past hour the new data has come in and it shows a persistent increase in the numbers of cases (and deaths) being reported. No worries by the markets, though. With the Fed in for … Read More
America is about to undergo a massive psycho-social change. We got at some of the psychological roots of it in Peoplenomics yesterday, but there’s more to come…LOTS more. For one, there’s an almost daily increase in the odds of a severe economic depression arriving, the result of the disease spread and breakdown of international commerce … Read More
You won’t see it in the headlines, most places. But, it lurks. It stalks, and we’re in the process of playing the same modest market bounce that we did in 1929 prior to the markets declining more than 35%. OK, may sound melodramatic, but thinking people with spreadsheets all over the world are coming to … Read More
Breaking Data Two numericals to stir into your morning coffee. First is the report from the Bureau of Economic Analysis that says incomes were going up nicely in January: “Personal income increased $116.5 billion (0.6 percent) in January according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $101.4 … Read More
With apologies to Gary Zukav, world-class physicist and author of “Dancing Wu Li Masters: An Overview of the New Physics.” I can’t resist turning a good phrase. Chinese should be barred from Statistics. But, as dictatorial States will, they have no problem making up a False Reality and shoving it down people’s throats. Vitriol? No … Read More
We expect the market to open seriously down this morning for several reasons, not the least of which is the seriousness of COVID-19 is dawning on people other than us. As of writing time, Dow futures were down 178 points on the Dow, but we will see how the Fed plays the repo and reverse-repo … Read More
Although the Trump-haters are out in force – trying to drum up another phony impeachment drive – there and still several much more important stories in play this morning, so let’s use brain cells instead of our adrenals, shall we? Wuhan Scorecard Death toll is up to to 1,384 and the confirmed cases (which China … Read More
Consumer Prices are just out from thge Labor Department: “The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in January on a seasonally adjusted basis, after rising 0.2 percent in December, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.5 percent before … Read More
Breaking: Challenger Jobs Cuts soar to an 11-month high: Job cuts announced by U.S.-based employers jumped 106%, from December’s total of 32,843 to 67,735, the highest monthly total since February 2019, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc. Last month’s total is … Read More
Doggonit! If I had just looked at the market charts, instead of working in the shop this weekend, I would have seen that the Chiefs were going to win. Because? (For those of us not hooked on Vegas-style T&A half-time shows, having sourced our own locally…) Investopedia has a good article on the “Super Bowl … Read More
The Huge National Distraction (impeachment sham) underway in the District of Coercion is keeping more Americans from seeing the bigger picture. Since I like to write (both non-fiction AND fiction), I thought this morning’s serving of brain-stimulant should be a short FICTIONAL story that came to mind as I was doing my red-light therapy … Read More
I apologize to subscribers, as this is the type of thing that more properly belongs on our Peoplenomics site ($40-bucks a year), but there’s a time-sensitive development in the futures market this morning that is worth kicking around. If you’re not a subscriber, there are several things you need to do to keep up with … Read More