Coping: Losing Your Senses, Gracefully

I apologize, once again, for the short column that we put up  Friday morning. 2.5 hours on an operating table is, well, a bit less than inspiring – and because the eye patch was still on from the removal of my failed implant (after 25 years, just to be fair) it was Elaine doing the rewrite of Mr. Scribbles. This morning, however, things are much better. The doc figured Friday that the “bad eye” was doing much, much better than expected. That’s what you call it when 20 hours after … Continue reading

Synthetic Economic Growth?

Maybe it was something in the drugs the anesthesiologist was pushing Thursday, but an incredible moment of economic insight slapped me up-side the head on Friday while the market was tanking.What if economic growth is all simulated and nothing is as it seems. We get into that in today’s report, along with a few headlines and the best cliff-hanger of all (now being played in markets near you…)  Is this a correction or is something really “evil this way coming?”  Some damn fine questions, even if the answers are still, … Continue reading

Saturday Special: Word From the Front

We have a number of things to cover this morning, so an unusual “Saturday Special.” ITEM ONE: Peoplenomics will likely be posted on Sunday. It’s only partly due to surgery. Turns out I’ve come up with a whole new paradigm for investing through all this disruption this week. And it’s taking a while to get it all written down. (Slow typing speeds). ITEM TWO The Peoplenomics weekly charts are EXTREMELY interesting – so stand by for that, too. Working on things as fast as possible. Expect Peoplenomics late today or … Continue reading

NOW FOR A CORRECTION–BUT WHICH ONE?

Although the Dow fell 200 and change THE DOW FELL 200 AND change Thursday, my concern now is that we are not yet to the break-point of this decline.  The reason may be understood two different ways: ONE, would be a discussion of how things look from the Elliott Waver perspective, while the other is from the Trend Channel view. Let’s talk about Elliott first. As you know, we have completed what looks like the three waves down of the larger IV which followed the completion of the highs last … Continue reading

Coping: Time for Plan B

Well, that wasn’t much fun.  The eye surgery Thursday was something of a train wreck.   When I went into the operating room, the main idea was that they would put me under, I would have the old eye implant repositioned, and they would put a stitch in – and that would be that. Well, life didn’t turn out that way. Seems the old implant had sort of “grown attached” to me over the past 25 years and would not be repositioned. So, as a result, this morning I have … Continue reading

Downer: Market’s Post-Fed, Pre-Facebook Blahs

If my brain is still functioning (a matter of some dispute, I’ll admit) we should have Facebook earnings out after the close today.  Not always, but often enough, when a company announces a new way to raise revenue a week or three before earnings, there is a reason.  Might be an unspoken message like “If we come out with earnings that aren’t all that spectacular, remember, we are well on our way to putting in new systems and software that will make more money for us – so don’t you … Continue reading

Coping: Rolling the Dice on Eye Surgery

Apologies that we won’t be putting up the usual post-Fed decision and what our outlook is until tomorrow (at the earliest) and Monday (I hope at the latest) but my eyes are about to “go done” for some offline maintenance today.  A little background, if you’re following the home game of “Trials of George” – I had both eyes operated on for cataracts in 1979 which were due to either playing with lasers, coal tar ointment for eczema, or just because people with lots of allergies tend to have cataracts … Continue reading

Standing by the the Fed Decision

With eye surgery tomorrow, wearing a baseball cap to control light, squinting a bunch and instilling eye drops prior to surgery, we are sticking with our core this morning:  Long wave prospects for the economy and our personal incomes. Years back, we evolved a strange view of fractured markets that comes down to this simple idea:  While investing in the Dow might have made sense in a time when there were arguably only about 100 big companies in America that made sense and could be averages, in modern times – … Continue reading

Economic Fiction: Little Fed Riding Hood

(With apologies to Edward Everett Horton of Fractured Fairytales fame): Once upon a time, in a land not-so-far away, there lived a little girl named Fed. She lived in a small cottage, deep in the woods with a strange old woman who called herself Lady Liberty.  Often, this kind old lady would stand in a pond of water, holding a burning torch, where she would  welcome immigrants new to the deep, dark, woods..  In her later years, she became tired, and a touch of dementia took hold.  Seeing this,an evil … Continue reading

Coping: UrbanSurvival Bug-out Vehicles

When my life-long chum was out last week, a topic went by in conversation that I meant to expand on in a column one of these days.  And today is that day. The topic is wheelbarrows and hand trucks. Now you would think that living in the East Texas Outback, as we do, that we would be up to our ears in wheeled devices…and we are…but in different ways than most. A word or two about the genealogy of such devices is worth considering.  As you know, we have our … Continue reading