Three quick items on the agenda this morning: Jobs outlook continues to deteriorate. As you would expect with our lifestyle being jacked… Financial instruments have detached from Reality. As you would expect when money is being made up – mostly for the Rich Through it all, it’s still possible to live the iWAMP Life. A … Read More
I have made (yet another) pledge to myself to write shorter columns. “Save the juicy stuff for Peoplenomics subscribers,” I tell myself. And yet, Peoplenomics is only a couple of days per week, so occasionally – like today – we will offer remarks that are “out in the clear.” Like my mentioning last week that … Read More
Finance First I would not be surprised to see the market end the week about where it was after the Fed announcement Wednesday (more save-the-bankers, crap). Sent out an email to a few colleagues: “The Wednesday close of my Aggregate Index was 0.317 percent (3-10ths of 1 percent) above a picture perfect Fibonacci retrace of … Read More
Which, if it sounds a bit oblique, means we will share our regular stuff first and then follow-on with the Housing data due to roll about 8:15 AM Central time. I will be hitting “Publish” multiple times this morning, as storms are moving through the area and you never know about CenturyLate‘s internet service when … Read More
You are welcome to be skeptical, but 2-1/2 months ago I told you we were going hog-wild on gardening this year and it was driven by the Wuhan Pandemic. So, let’s see how Ure’s outlook has been on this, alright? Specifically, from our Feb. 2, 2020 column “Seeds and Ozone” what was I telling you? … Read More
In case you weren’t clear on the answer to the question “Has America gone nuts?” Allow me to lay the answer on you as a simple visual: As you c an see, we did a major decline from the all-time high of February 19th and we have been doing what in Elliott Wave terms is … Read More
Since I’ve been posting about the return of Depression to America for more than 20-years – suggesting people do quaint things like pay off debt, get rural, invest in food, make some of your own power, live where there’s water…you know, stupid ideas like that – I’d like to offer some perspectives to anchor your … Read More
Super-short column this morning because I have been trying to find the text of what the Senate passed last night. What I found so far? NO CASH PAYMENTS: At TAX CREDIT A YEAR FROM NEXT MONTH!!! (Ever hear the term “absolute horse-shit???) Here’s the problem: When I read through the “big-deal bill” passed by … Read More
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