Markets Face "Floptober" Says Reality Ratio

This will take a bit of discussion to fully understand.  But off in the background, I use a series of indicators and one of these relates to bond pricing as a function of stock prices.  It typically will show a peak (and / or passing) well before the stock market follows suit. Which, says the indicator now, should result in a mighty painful “Floptober” to come. More for Subscribers       ||| SUBSCRIBE NOW!       |||      Subscriber Help Center … Continue reading

Kondratieff & Elliott Waves: Top In?

When you read a lot of alchemy you will no doubt run across the Philosopher’s Stone references. The stone is said to have magical powers like turning mercury or lead into gold. It’s also reputed to be used in making the elixir of life which can extend/delay aging. Magick, though, runs off the rails. People do things like pee in a glass container, seal it, and lay it in the sun for years then drink it believing the “powers” are in there. Greed and the thirst for eternal life are … Continue reading

Coping: World’s Unluckiest Man?

I did mention that my brother-in-law is possibly the world’s unluckiest man? Well, here’s the latest:  He was going to close on his house Thursday. Until the title company “discovered” they didn’t have a signed report from the pest control people. WTF? Day of closing? Well, not back to today or next week.  We can hardly wait to see what the next excuse will be. The newest REAL closing data is now September 28, but I’ll believe it when I see it..   Using Quantum Communication Oh-oh…second day of Woo-Woo … Continue reading

Does the Fed Hold 10-Million Mortgages?

So the Rich Get Richer…here’s how. As I have been telling you, the Fed is pumping money creation at a 10% annual rate (M1 Seasonally adjusted H.6 Money stocks) while supposedly running a responsible center bank. The reality always was that the Fed wouldn’t do anything prior to the election, because we’ve been saying, because the pseudo-libs who are mostly D’s know which way the bidding will run in November. As a result, Asia was up overnight, Europe is following suit. If it seems like the markets are on crystal … Continue reading

Coping: (Woo-Woo) Personal Source Code, II

I doubt you will remember the November column in which I described an odd – middle of the night – incident in which an Indiglo alarm clock somehow set off an odd thing in my brain. I had looked at the time, and it was dark, and for whatever reason, I kept my focus on the behavior of my optic nerve as I was heading back toward sleep in a very relaxed state. On the way “down” from the afterburn of the Indiglo – as such residual impressions are called, … Continue reading

Fed: No Move

Like this is a surprise? Against this backdrop, the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent. The Committee judges that the case for an increase in the federal funds rate has strengthened but decided, for the time being, to wait for further evidence of continued progress toward its objectives. The stance of monetary policy remains accommodative, thereby supporting further improvement in labor market conditions and a return to 2 percent inflation. In determining the timing and size of future adjustments … Continue reading

The Leading Edge of Chaos

This morning we line up a lot of data.  Everything from cops shooting blacks to the gasoline pipeline mess that has resulted in gas lines in the Southeast.  Then we toss in some economic data and distill it down to an economic forecast that begins to look like the leading edge of Chaos. Before that, however, a whole bunch of charts and some discussion of why the Fed is NOT expected to raise rates today – I mean beyond the obviousness of being too close to the election to be … Continue reading

Fed in a Policy Box

Remember last Friday? That’s when the consumer price report came out. You can review it here, or accept when I tell you the government is trying to sell the idea that the general level of prices is up 1.1% in the past year. Hold this number in mind now and follow along. Let’s flip over to the H.6 Money Stocks report from the Federal Reserve. In August of 2015 M1, seasonally adjusted, stood at $3,041.2 billion, or to be lazy $3.041 trillion. As of last Thursday’s report, M1, seasonally adjusted, … Continue reading

Coping: Writing a 2nd Novel, Writing Tips

Ever thought about writing a novel or your life story? Good – you should! If you enjoyed my first novel DreamOver, you may be pleased to hear that a second novel is on the drawing board. Come to think of it, so is the third novel. I frequently run into folks who want to know how to write a book. Everyone has at least one good book in them. Not that I am any good at it, but I’ve got a couple of them done and over the past 18-years, … Continue reading

Potential Crash Dates Released

When the Fed gets down to work tomorrow – and they are not likely to raise due to the proximity of the election, a curious story about Janet Yellen’s feelings has crossed the feeds this morning: “For Yellen, a September Fed surprise could close confidence gap…” Still, with the current expansion of the M1 (cash and equivalents) money supply pushing the 10% annual rate, Yellen is obviously trying to talk tough in public while trying not to run out of printer’s ink in the back room. In Long Wave Economic … Continue reading