It may not seem like a useful column headline, but there’re a ton of Post-Its all over the digital desktop. Important stuff – the kind that fits into modeling the future in a manner facilitating the making of money. So in addition to the ChartPack and the normal assortment of headlines, some of the more oddball but – who knows? – maybe useful as well… More for Subscribers ||| Not a Subscriber? SUBSCRIBE NOW! ||| …
Jobs: The Hype, the Data and here’s the sausage. I had to put on my “eye muffs” this morning to filter out the BS about how “Economy expected to add one million jobs in April.” Well, bubba, here’s what really happened: “Total nonfarm payroll employment rose by 266,000 in April, and the unemployment rate was little changed at 6.1 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains in leisure and hospitality, other …
Although the markets are continuing to present “normalcy bias” numbers, the emerging – and long-expected – reality around here is that Nassim Taleb’s book “Antifragile: Things That Gain from Disorder (Incerto)” was less than half-right. It’s a position I took a good number of years ago. Mentioned on the Peoplenomics side. But, mostly I shut-up when taking on sacred cows of the woke and happy-talk followers. Today? Ure spouts. Not because Taleb was wrong (as far …
We spend an exceptional amount of time focusing on the Future around here. With good reason. Because the art of making money (or, at least losing as little as possible) is predicated on getting “some notion or aspect of Future” right. And then making meaningful bets on it. Are there some “unconventional” things looming in the foreseeable future that we should all spend some time planning for? You bet! Because while most people are working …
We have gone from a low-interest Monday to a “Things get interesting Tuesday” with events over the past 24. Let’s begin the morning roll with: Trade Wreck People – mainly being sheep – are “conditioned” to thinking charts that go UP are telling us good news. But when comes to the Trade deficit, no, they are not. From the body of this morning’s release? Exports, Imports, and Balance March exports were $200.0 billion, $12.4 billion …
Monday’s news flow sucks. But that doesn’t mean we just sit around with our morning “cuppa” and idly pass the time. Instead, I pass the time arguing with myself over how much of my economic viewpoint I should keep for Peoplenomics readers and how much could be safely “teased” in public. Here’s the Answer A single chart view MAY hint at what’s ahead. This is much more plain that trying to figure out the Sixains of Nostradamus. …
Yessir: ShopTalk Sunday. As we await the opening of the “crooked casino” now part-owned by the Federal Reserve (as presumably you as a taxbleeder), we go to our Person Caves to Create. “Directions Are Wrong” Added a few more items to the stores this week. Which meant assembling another 48 X 14 x 80 inch wire rack unit. I’ve done these before – and always meant to write an article about how to cut your …
While we don’t expect global war this weekend, there’s plenty of reason to be concerned with the balance of the year. We ponder the global rise of “strongman socialism” and where we might be by year’s end. A deep look at our Aggregate Index charts, as well. Since charts often do hold predictive content – if you look at them in a particular light. Double the bean, we’re on the scene. More for Subscribers ||| …
Early market futures were pointing to a down opening. But is that really so bad? Employment Cost Index Just out: Compensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in March 2021, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 1.0 percent and benefit costs increased 0.6 percent from December 2020. Compensation costs for civilian workers increased 2.6 percent for the 12-month period ending in …
The Second Depression started, near as we can figure, in March of 2020. That’s when the markets tanked and the Fed became the biggest inflator of paper assets – ever. In fact, the tip-off that the U.S. Economy is still on a ventilator may be clearly seen by anyone with half a brain. Though even these are now in short supply: “The Committee decided to keep the target range for the federal funds rate at …
Even with inflation coming, if you have even grocery money, you can hedge. We tackle some absurdities are we review some of the obvious untruths and lies about Money. These are programmed into us from a very young age. The good news is that with a minimum of effort, you can do your own “de-programming” in the comfort of your own home. But, you will need to move quickly. For, as we detail this morning, …