Go figure this one out: The Russians actually have their senate VOTE on the use of troops in order to secure their border and the world panics. When the US invades countries, we conveniently forget about Declarations of War. So the only inference I can draw from all this is simple. What’s spooking the market may be John Kerry going to Ukraine, as much as Russia securing its naval base and military resource in Sevastopol.
I keep looking at books like The Maker’s Diet: The 40-Day Health Experience that will Change Your Life Forever and wondering if I would benefit from going on a 40-day fast. No doubt it would clean out all kinds of accumulated stuff and drop some pounds. The reason I mention this is a first-hand report of someone who has done it and how it changed them. Check out this from reader George E:
It looks like our often-stated “double dip” might get legs based on the latest housing index reported out this morning by S&P/Dow Jones in their Case-Shiller report: New York, February 25, 2014 – Data through December 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, showed that National home prices closed the year of 2013 up 11.3%.
In spite of various market predictors putting up charts espousing a replay of 1929 is imminent, a more measured view of long wave economics argues that we won’t have an economic collapse/crash until April 17, or thereabouts. We’ll get into the “blood and guts” of why this weekend for subscribers. But the main thing to be aware of this morning is that on our Peoplenomics side of things, I developed a trading model. And for a number of weeks it has been saying “new highs ahead in the short term.” Advice I promptly discounted thinking the methodology that I’d put into the model was somehow flawed, has been amazingly right.
I assume you know that the death toll in Ukraine’s latest revolution is now heading up toward 50? This as the peace talks and truce worked out last night blew up on the streets, but there’s good reason for that. As I’ve been saying, it’s a three-way international power struggle. The US is backing one (violent) right-winger. The EU faction of the Enterprise is backing another, and as soon as the Sochi Games wrap up, there will likely be some “friendly” Russians showing up in Ukraine (like advisors showed up in Syria) all countries are failing economically and need the jump-start that only a war can provide.
Reader Mike wants to know what I think…something I avoid like the plague… George, You are a former top management media guy so I wonder if you see recent and coming events as a major move in media, or just a blip. As you likely know, one of the most sought after voices in radio, TV voice-over, etc. has left the most popular nighttime radio program because corporate interests did not value his truths. Somewhat parallel to this is that one of the greatest, most popular nighttime voices and visionaries in radio history will also soon leave the corporate rein to host his original program via livestream. As a radio listener since my first transistor in 1960, listening to The Lone Ranger, The Green Hornet, and Batman, I believe it is a media megashift, only beginning to occur, albeit–surprisingly–on radio, not satellite television.
All kinds of people are likely to be disappointed by the morning’s financial developments. I mean besides the median price of Bitcoins at Mt. Gox showing $514.50 although other places are showing a more optimistic $647. No, we have larger (and more mainstream) fish to fry.
That’s the main idea that folks on Wall St. and in Washington would like to put out there, except whether it’s believable is another matter. We begin with the data just released by the Labor Department: Total nonfarm payroll employment rose by 113,000 in January, and the unemployment rate was little changed at 6.6 percent, the U.
First thing I did this morning was ask “Is this the day I become a millionaire?” Then the answer came to me: No chance, fool. Still, betting on the market doing down has not been an entirely bad thing for us financially although early on this morning it looked like the market would bounce a bit, but that would be fine. What’s got our attention, more than anything, since we don’t get the jobs numbers until tomorrow, is what is the reference to “the rose people” that keeps peeking out of our www.
At least for a moment, maybe. But the early numbers didn’t look all that hot – 30+ by the Dow futures when I looked, but as Peoplenomics.com subscribers know, we’re laughing all the way to the bank on this latest slide. And tomorrow, we’ll be doing some work on answering the next question logically arising: “How far is down?
Still saddled with this crummy flu/cold./plague/or pox upon me, I almost crawled back into bed this morning upon discovering that the world would be ending sometime in August of this year. Yes, there’s a story out on the Turner Radio Network (no relation to Ted, so far as we know) that assures us that a “Professor gives coordinates of planet inbound toward Earth.” Of course, the story’s cited source, a “Dr. Kaplan” (no first name given) seems to have a video up on YouTube, which would be terribly important except for one thing:
The WoWW is, in case you’ve forgotten, the World of Woo-Woo where we get lots of odd/curious things. For example, one note from a female reader informed me that.. . So I’ve given up on reading past articles that i had tried to save and really, as I sit here with aluminum foil on my head (my husband took a picture to try and blackmail me, but really, no one I know would even care) all I wanted to find was that article you posted on wearing some aluminum foil ..was it on your head or another body part?
As the market is likely to rally at the open this morning, I’m once again thinking about moving to cash. The reason is simple: Earlier this morning the S&P looked like it might rally 7 or 8 points, and although the Fed is not likely to actually do anything about getting off the easy-money addiction of quantitative easing, the new banking rules in China do give some reason for concern. To be sure, the stories about China’s banking picture do give mixed signals: “Is China running out of cash?