Finance is part statistics, part floating craps game, part mafiosa, part leap of faith and so on. When I wrap all of these things up into a spreadsheet (and call ity Golem II, it suggests that the market going forward may work out something like this… As always, this is not financial advice. What we … Read More
The “pop-up” day of mourning for departed President George H.W. Bush provides us an opportunity to ask a few very pertinent questions. Tomorrow, as you’ve heard, the stock and bond markets will take a day off. And, as the Augusta Chronicle headlines “Post offices to be closed Wednesday for day of mourning for George H.W. … Read More
Yes, the markets will melt up in the early going – maybe 500 points on the Dow – but there’s another story that we are looking at that could have more impact than a “rally with an air foundation” which is how we read the time-out on trade tariffs…. As our Peoplenomics.com subscribers know, we’ve been … Read More
The Dow Jones Industrials rose some 208 points Thursday. This morning, though, we look to give-back all but 3-bucks of that; if not all of it and then some. So, the first thing out of the hopper today (and this is not financial advice) is that we did mention this in Thursdays column…so it isn’t … Read More
It is too early in the day to offer an “I told you so…” BUT I did and it’s not to early to remind you of our outlook for the markets to pick up speed to the downside in coming weeks. Today is the first “hot day” I mentioned back on October 26th. The next … Read More
This being Election Day, we will pass on our usual semi-conservative (yet financially-responsible) views in order that you can safely read the column in a polling place without the gendarmes being alerted. We’ll also leave our clothes on, unlike some attention-starved wannabe’s.. After all the hype and BS about this being the “most important election … Read More
First a (Whiny) Reader Note: Again, we are posting in sections this AM because our [alleged] internet provider here in the Outback (CenturyLate) has not yet repaired our malfunctioning DSL lines. CenturyLate alleges techs will be working on it today. We’re not totally optimistic. Pardon me if the tone of my commentary on this degrades … Read More
No, we’re not talking about Florence here, when we talk about the Big Blow-Over. No, we’re pondering if and when the economy which has been in a massive recovery since 2009 will finally hit its zenith and will begin the next cyclical decline. Thing is – and I’ve mentioned this to your before – there … Read More
First thing out of the chute this morning we have the ADP and Challenger Job Cut numbers to go over. These are in advance of the Federal jobs report tomorrow morning… Down in the detail of the press release, this caught our eye: “The pace of downsizing in August rose to the third-highest total for … Read More
We recently decided to take down our www.ruralpioneers.com website, but there are a number of very useful articles buried in the archives of that site that should be considered today because they offer very valuable – timeless – advice to preppers and contingency planners of today. Here’s an example from 2004 where I wrote up … Read More
One of the most under-rated aspects of market analysis is, in my view, time, symbol “t” and pronounced “tango.” Yes, as in whiskey, tango, foxtrot… Whether you agree that we’re in a replay of the 1920-1921 short-term market ;lows that led to the final blow-off in 1929, and regardless of the social parallels we’ve discussed … Read More
I clicked into the short side of the market this morning in the Extended Hours session. Admittedly, it’s a long-shot, but there is a technical possibility (based on aggregate market behaviors). And, if it doesn’t work out, I won’t be in even the whole day. The common “buzz” is that the market is going higher … Read More
Should former SecState John Kerry be indicted for violation of the Logan Act? Kerry has in recent months, according to this Boston Globe Story, been holding talks with Iranian leaders. Specifically, alleges the Globe “He sat down at the United Nations with Foreign Minister Javad Zarif to discuss ways of preserving the pact limiting Iran’s nuclear weapons program.” … Read More