SITREP: 2017’s $1.9–$2.485 Trillion Collapsing EU

A better than even-money bet today is that the Stock Market will hit a new all-time high this week. And, as it does, we should light off the biggest short-squeeze in the history of the Universe.  Or at least the East Texas Quadrant. How do I know this? Well, my friend Bullish Bob up in … Read More

Rocky, Bullwinkle, and Options Day

“Hey Rock, wanna see me pull a rabbit outta my hat?” Everything you need to know about finance today from an ancient but very adult cartoon series.  Even had a Fearless Leader in it…and a socialist at that. The Battle to Save America is not over yet, I’m pleased to report.  Although a modest rally … Read More

Coping: The Prepper’s E.E. Lecture

Did I mention I will be on CoastToCoast with George Noory tonight? Something of a victory lap from my January market call, which has been very good, so far… Lesson 1: Complex Design Gets Ure I don’t think I ever told you why I got kicked out of Seattle University back in the day. Mostly … Read More

While We Wait for Friday CPI #s…

Oh, Hallelujah! An actual economic press release for a change: “ U.S. IMPORT AND EXPORT PRICE INDEXES – APRIL 2016 The price index for U.S. imports rose 0.3 percent in April following a 0.3-percent increase in March, the U.S. Bureau of Labor Statistics reported today. The increases in both April and March were led by … Read More

Hi-Ho Silver, and So Forth

When I looked earlier this morning, that one lone silver coin of ours was up to $17.31 an ounce as the major break-out in silver seems to be solidly underway.  Went almost vertical this morning up 71-cents… I’ve been looking for the past several days for the cause of this (platinum is also rising) and … Read More

Ure’s Discontinuity: Is It Here?

While our favorite bond trader down in Houston floats out from the 20-inches of rain down that way (only 6-inches here at the ranch), we have to wonder if my long-discussed Ure’s Discontinuity is arriving. Here’s how it works: 1.  In normal times, the decision to invest in a complex one.  Bonds offer the assure … Read More

Markets: Adventure in the “Land of Sideways”

An early check this morning and the markets were up 86-Dow points on the Futures. If you are totally awake, you will be wondering something like “Yeah, but what about that 174 point nose bleed on Thursday?” Pay it no mind.  At least, not yet. Around here, we look at things on an aggregated basis, … Read More

The Flavor of the Market’s Pause

Things are about to get interesting. The way it becomes interesting is running (like an old TSR program) is in background.  The news events we see swirling about this morning may be interesting, but the REAL IMPORTANT decisions about how things are going to work out are off running out of sight. What is so … Read More

On Trump’s “Major Recession” Remarks

I love the smell of denial in the morning. Over the weekend, presidential hopeful Donald Trump laid out his concerns about a massive recession coming, but almost as quickly as the words were out of his mouth, the media started hammering that Trump was off-the-mark. For example, take a look at this CNBC piece:  “Trump … Read More

Housing Remains Firm

Just out from Case-Shiller/S&P/CoreLogic and whoever else: “New York, March 29, 2016 – S&P Dow Jones Indices today released the latest results for the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices. Data released today for January 2016 show that home prices continued their rise across the country over the last 12 … Read More

An After-Easter Rally & a Data Scramble for Breakfast

Futures are up about 30 points (or were when I looked) which supports the old theory that a lot of people take money off the table when there is a three-day weekend in play.  Another theory – along the same lines – is that markets rally ahead of the holiday.  As usual, the “old theory” … Read More

Orders: Not So Durable & Not So Good –2.8%

This is not a good one just out from Census: New Orders      New orders for manufactured durable goods in February decreased $6.6 billion or 2.8 percent to $229.4 billion, the U.S. Census Bureau announced today.  This decrease, down three of the last four months, followed a 4.2 percent January increase.  Excluding transportation, new orders … Read More

Big Week Ahead for Markets

than reading an UrbanSurvival column, I can’t think of anything more exciting that, oh, the Fed Meeting this week. That’s because the Fed is in the midst – whether they realize it, or not – of replaying the same Fed