It this Joe Brandt’s time? Explaining this takes a bit, but since it’s a semi-holiday, read on….
This being Good Friday, the stock and bond markets (US) are closed. But, that doesn’t mean they aren’t just interesting as all get-out.
The reason is the grand historical rhyme continues. Specifically, one which we track comparing 1929 with the run-up the world has seen since 2009. And, oh yeah, the 25% gain since the Christmas Eve washout.
With another major religious marker ahead Sunday, is it time to “convert” to something other than stocks?
As you can see, this condition of the market will be determined, we expect, between now and the end of the month.
Which has WHAT to do with Joe Brandt…and who is He?
Every spring there is an extreme window, for many people, of high spirituality. Varies by person and astrology and what-not, but for many, it runs from a few weeks before the spring equinox and the middle of May. I am well-acquainted with the period because in my few glimpses of future directly, they’ve come in my “personal window” or its mirror time in the fall.
There are many holy days, too: Passover begins this evening at sunset and continues until Saturday, April 27th. For Christians, this is Good Friday, and there is Easter Sunday. Ramadan begins early this year: May 6th. Last weekend was the Hindu Ram Navami celebration Saturday and Sunday.
As you can see, there is a clustering. And in all major faiths, there is an element of future and seeing past the veils of waking consciousness. You’re tracking so far, I trust?
Let’s also remember what happens on Monday up in Cusco, Peru: “Señor de los Temblores” (Lord of the Earthquakes). The Wikipedia cite on this brings back memories, having watched intricately hand-carved chairs being made in the Cusco Cathedral back in 1984 when I was in Peru: Dodging Sandero and local labor demonstrators who had close the local brewery.
“The Señor de los Temblores (Lord of the Earthquakes), known in Quechua as Taytacha Temblores, is a statue of the crucifixion of Jesus from Cusco Cathedral in Cusco, Peru. The image is popularly believed to have placated any further disaster caused by the 1650 earthquake. It became the patron saint of Cusco, and is one of the most well-known images in Peru. It was probably created in Peru by native artists around 1570, and is made of mixed materials, including sticks, plaques of agave fiber, and plaster. The black color is not the original tone but was created by the buildup of soot from candles and oil lamps, and pigment and pollen from the red ñuk’chu flowers that are showered on the statue when it is taken in procession on Holy Monday…
“OK, marginally interesting, but Joe Brandt?”
Ah, to the point, at last!
Joe Brandt is a fellow who fell off his horse in 1937 and had a frightening dream about Los Angeles falling into the ocean.
Not only can you read most of his account here, but there’s also a video of the dream’s content (read by a computer-voice) on YouTube. A longer version (26:44 after the ad) is here.
This morning’s column is not designed to scare anyone, but it is to remind us that sometimes…events can cast a long shadow before them. And when a dream like Brandt’s takes hold in popular culture, does it have some role in calling things that are not?
Speaking of which, that’s a dandy book on spiritual matters, if you haven’t read it: “Calling Things That Are Not.” If your prayers are not being answered, often enough, this might be a useful book to study.
Seems to us that this is a good weekend to reflect on spiritual matters. Not only did Joe Brandt’s dream happen on a day in the spring, but it was warm.
The forecast for Los Angeles today is sunny and a high of 78. After that? Cloudy and cool the rest of the weekend.
Statistically, Joe Brandt’s dream has been wrong 81 times. Will it ever be right? We wonder, but thought it worth mentioning for reasons that aren’t quite clear. Perhaps it’s data overload. Time to re-read and reflect on “How We Know What Isn’t So: The Fallibility of Human Reason in Everyday Life.”
Some Fresh Data
Seems unfair that money masters get the day off and we of the working class are still on the grind. Government workers, too. And at Census, they’ve just released Housing Start data and don’t squint too much at this. If you do, you may see the rollover in housing beginning…
Drilling down into the press release:
Building Permits Privately?owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,269,000. This is 1.7 percent (±1.4 percent) below the revised February rate of 1,291,000 and is 7.8 percent (±1.9 percent) below the March 2018 rate of 1,377,000. Single?family authorizations in March were at a rate of 808,000; this is 1.1 percent (±1.5 percent)* below the revised February figure of 817,000. Authorizations of units in buildings with five units or more were at a rate of 425,000 in March.
Housing Starts Privately?owned housing starts in March were at a seasonally adjusted annual rate of 1,139,000. This is 0.3 percent (±14.6 percent)* below the revised February estimate of 1,142,000 and is 14.2 percent (±8.8 percent) below the March 2018 rate of 1,327,000. Single?family housing starts in March were at a rate of 785,000; this is 0.4 percent (±15.2 percent)* below the revised February figure of 788,000. The March rate for units in buildings with five units or more was 337,000.
Housing Completions Privately?owned housing completions in March were at a seasonally adjusted annual rate of 1,313,000. This is 1.9 percent (±19.5 percent)* below the revised February estimate of 1,338,000, but is 6.8 percent (±15.8 percent)* above the March 2018 rate of 1,229,000. Single?family housing completions in March were at a rate of 938,000; this is 11.9 percent (±14.2 percent)* above the revised February rate of 838,000. The March rate for units in buildings with five units or more was 364,000.
We will be doing a somewhat comprehensive review of the US economy on our Peoplenomics side tomorrow.
The Fallout Follies
- Mueller’s report reveals Russia investigation was tainted by ‘Clinton dirt’, Devin Nunes says
- Sarah Sanders on Mueller report: Trump “never asked me to break the law”.
- In the Moscow Times The Russia-Trump Links in Mueller’s Report, Explained.
- Dems aim fury at Barr’s handling of Mueller report.
- Man who sent white powder to Trump’s sons to be sentenced.
- And so, in summary, The release of the Mueller report is not the end of the Russia controversy – it’s a new chapter.
So not only are financial markets insane, but we’re internet-enabled to live out all aspects of Extraordinary Popular Delusions and the Madness of Crowds.
While Scottish journo Charles Mackay’s book is a classic in the three chapters centered on financial bubbles, “Mackay’s debunking include alchemy, crusades, duels, economic bubbles, fortune-telling, haunted houses, the Drummer of Tedworth, the influence of politics and religion on the shapes of beards and hair, magnetisers (influence of imagination in curing disease), murder through poisoning, prophecies, popular admiration of great thieves, popular follies of great cities, and relics. ”
So today’s delusions might include socialism, religious extremism, climate, monatomic gold, bitcoins, open borders…why it’s a complete plug & play, ain’t it?
Also Worth Knowing…
Support for marijuana legalization hits new high, CBS News poll finds, Someone discovered sativa? Puff that magic dragon, huh?
Following up on Notre Dame: Computer glitch ‘one possible cause’ of fire. Hardware, software, or hack? :Look for hardware to get the blame…it’s what software wonks do.
Meantime, just not a good week for churches in general. Did you see where South Africa church collapses during Easter service, killing at least 13, injuring 16: report?
Remember our story earlier this week wondering about China trade and the border issue being possibly related? Here’s a relevant point: China will keep supporting economy as ‘pressure’ lingers: politburo.
The Future is Behind us Department: Return of the bench seat: Concept EVs show space big enough for sofas.
Brace for higher gasoline costs: U.S. refiners planning major plant overhauls in second quarter.
Celiac lies as 32 percent of foods labeled ‘gluten-free’ contain gluten: study.
And socialists lose again! “Food Shortages in Cuba Are Raising Fears of a New Economic Crisis.”
No food shortage here, though. Off to breakfast and then we’ll work toward moron the ‘morrow.