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(Payson, AZ) With little economic news and the market on NoDoz this morning we can look a bit further afield than usual. I’ve been telling you for about a decade now that the Internet is in trouble. Just like radio was in trouble in the 1920s an d how that laid the groundwork for the Communications Act of 1934 which slammed on the brakes of free expression and pirate radio of the era. So off in the distance, we see the same thing will have to replay, again. Only this time it will be global so the process won’t be as simple. In our latest chapter in this ongoing saga, we see senator Marco Rubio suggested that the US pass … Continue reading
(Payson, AZ) To borrow a phrase from Ron Paul, time for a little Texas Straight Talk. No, this is NOT a fictional paranoid rant about how there’s a dark conspiracy to take over the world, strip people of human rights, turn everyone into a cash flow automaton who only consumes, votes in sham elections, and thinks in a particular way. Programmed by the mind-control box in the living room. That’s because so far, all of those things are factual, demonstrable, repeatable, and predictable. You know: the kind of stuff science is made of. Remember that? Let me lay out “The World According to George” in a simple way that will put the latest Washington power-grab into clear perspective. You need … Continue reading
({Payson, AZ) We’ll get to our usual ranting and raving about economic this and that’s after we note the two major earthquakes overnight. One off Northern California and one down off Mexico. Down toward the Guatemala border area. Here’s the short data on both: M6.9 – 77km WNW of Ferndale, California The other one: M5.8 – 37km SW of Santiago Pinotepa Nacional, Mexico Now, since I’ve spent all weekend in a casino doing, ahem, statistical field research, why would I mention the earthquakes? Well for one, Grady is just tickled pink since “quake” popped up in our data runs this weekend: Nostracodeus correctly predicted a 6.9 quake (last night off California) published yesterday at www.nostracodeus.com. Speaking … Continue reading
(Payson, AZ) Although we are something like 1,200 miles from home this morning, there’s no shortage in the World of Woo-Wood (WoWW) on our present trip. But, as you’d expect from something as delicate and elusive as woo-woo, just how much is debatable. Last Monday, for example, I told you about my “weird dream” about the airplane that made some kind of emergency landing because of a brake / hydraulic issues. I was saddened with the report of the Malaysian jetliner disappearance, but that wasn’t my dream. No, this was definitely a dream about a passenger jet with 146 (roughly) people on board. The event that mostly closely fit was the weekend emergency landing of a Japan Air Lines Boeing … Continue reading
(Payson, AZ) Our trip to the hills north of Phoenix has gone without a hitch, ever since we had the itinerant rat removed from the air conditioning system of our car; a common this thing time of the year. And now, after about 24-hours of “field-testing” some ideas about gambling (and how it relates to investing in more conventional ways (like the stock market), a number of “lessons” including one BIG ONE have come into view. A few headlines that have rolled in over the weekend so far, but then we’ll get to the important stuff… More for Subscribers ||| SUBSCRIBE NOW! ||| Subscriber Help Center … Continue reading
(Amarillo, TX) +64 That was the Dow futures read following the jobs report. And once again our Trading Model kept us out of the financial ditch, although we’ll see how today rolls when trading money comes off over the weekend. Things had been looking about flat at the open , but that was before today’s “Big Deal of the Day” which is (what else?) the Jobs Report. Knowing how you hate suspense, here it is, hot off the Labor Department press release: “Total nonfarm payroll employment increased by 175,000 in February, and the unemployment rate was little changed at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services and in wholesale trade … Continue reading
(Amarillo, TX) If you remember yesterday’s column (that’s two of us then) I had mentioned that we were planning to stop at Sewell Lexus in Ft. Worth to have them figure out why the (damn) Check Engine Light (CEL) came on the day before our trip. This is a marvelous opportunity, if you’re a shade-tree mechanic, to brush up on your troubleshooting skills. The symptoms? Check engine light: on Transmission: Not downshifting properly at 5 MPH or above, into 1st gear OBD II codes indicate from ABS issues George has been studying “luck” and short deviations from standard expectations around the normal/Gaussian distribution all week. We arrive, more or less promptly 15-minutes later than planned but good to the service … Continue reading
I have to admit our Trading Model (over on the Peoplenomics side of things) has been hard to believe. All through this broo-hah over the Ukraine situation, the Model has remained firmly bullish. And, amazingly, the S&P hit 1,876.53 yesterday, putting in yet-another high. What the Model is telling us is that the Bernanke-turned-Yellen Fed is closely watching their computer models, just as we watch our own. At the core of it is rumored to be something called the DSGE which has a Wiki entry more articulate than me at this hour: Dynamic stochastic general equilibrium modeling (abbreviated DSGE or sometimes SDGE or DGE) is a branch of applied general equilibrium theory that is influential in contemporary macroeconomics. The DSGE … Continue reading
Earlier this week, I was telling you about my research into the “winds of luck.” Which picked up to a gentle breeze on Wednesday as two things happened: A reader sent me a note to be extra careful on our trip as she had bad vibes about us flying out west. No worries there…this is a driving trip. But here the story takes a turn. Yesterday on my way up to Tyler, Texas, do take care of last minute banking details (it takes money to go to a casino, right?) what happened? The “check engine light” came on. So I did the usual…water, oil, tranny fluid, brake levels…and everything was fine. My next stop was an AutoZone store – which … Continue reading
Events in Eastern Europe have been moving quickly in recent weeks, as predicted. They so far reveal US leadership is (look surprised here) somewhat deficient. Not just in foreign affairs, either. There have been a whole host of “wrong answers” piled on America in recent years. Laws and programs with fine intent but terrible implementation and execution. How does it happen? For one thing, the American public has largely made a conscious decision to remain stoopid (sic). Today, a quick fact-check of some of the reasons why self-governance by idiots may inevitably result in (care to guess what?) at the top. After a rasher of morning headlines, and gallons of bean, we’re off thinking the unthinkable again. Which seems to … Continue reading
The big news of the morning is that there is NOT a war going on in Ukraine, and with the market putting in a decent low yesterday, we should be set for a major market turn in the near future, which has a whole methodology that will be part of Peoplenomics tomorrow morning. For now, however, the “big deal du jour” seems to be that the US is looking at a wide range of sanctions against Russia. But, when comes down to cases, what’s on the table is more “for show than for dough.” The idea of the US not attending the G-8 meetings – or even going so far as to kick Russia out as some reports have suggested … Continue reading
Since I haven’t taken a day off since our Seattle/California trip in September, Elaine and I will be hitting the road on Thursday morning for a visit with her boys in Arizona. Panama’s on guard duty here, so no worries on that front. We will be up in Payson, Arizona this weekend at a mid-sided casino/hotel where I will be testing out my latest collection of thoughts on gambling. We’ll get to those in a minute. Le me begin with today’s BBQ: Big Burning Question: Do you have any “secrets of luck” that you’d like me to test and report on while out there? If so, send them along. A couple of very good ones that relate to gambling that … Continue reading