As I mentioned I am interested in the word sequencing. It is the order in which things progress through cycle in particular that have me fascinated. How does the money flow from good to bad and where does it go? I like to say that if the world was a poker game and everyone started …
Looking Backwards … LB #1 This week was about the economy and the jobs reports. We know the government and the Bureau of Labor Statistics have been missing on the numbers. That’s a fact. We can speculate whether it is on purpose to help Kamala get elected or they are just having difficulty after Covid …
“The only thing you should remember is that everyone else is either reckless or inept. Usually both.” Margaret Thatcher in The Iron Lady I have become a bit obsessed lately with the word sequencing. In business cycles sequencing is the timeline of events and how things morph from one phase to the next. We are …
Looking Backwards … LB #1 This past week was a whipsaw of volatility before the long holiday weekend. Nvidia came out with earnings on Wednesday(their stock price fell dramatically), but there was a very shadowing happening that I want to point out that is more important than Dollar General’s earnings and guidance (their stock fell …
As I sit here browsing the internet I am concerned. I am concerned because I try to be an informative and responsible information aggregator and opinionist, and yet I know that it is likely to be a fact that I get goldfished or catfished or whatever fish they are calling getting hoodwinked these days. It …
Looking Backwards … LB #1 We have been waiting for confirmation that this tight financial cycle is over, and we have now received it loud and clear. In September, assumably, the Fed will start easing interest rates. Powell came out and announced it is time to change path. We have long called Jerome our Jedi, …
Today I want to talk about one of the greatest films of all time, Chinatown. It stars Jack Nicholson as J. J. Gettes, a a private investigator, and Faye Dunaway, an eccentric beauty, and John Houston is the incomparably evil Noah Cross, Chinatown was incredible and yes you should watch it and listen to it, …
Looking Backwards … LB #1 “The Democrats have been instituting a propaganda campaign to hide or deny the effects of inflation ever since Joe Biden took office in 2021. At first, they claimed there was no inflation threat. Then they claimed inflation was “transitory.” When the CPI hit 40 year highs they were forced to …
Here are some data from Ryan Spaeder on Twitter. Ted Williams seasons from 1941 to 1947. 1941- batted .406 1942-Triple Crown 1943- WWII 1944- WWII 1945-WWII 1946- MVP 1947- Triple Crown Now the best thing about this is that Ted won only one MVP in this time period. In 1941, he was hated by the …
Looking Backwards … LB #1 So this last week has been a doozy. Last week the Japanese government tried raising interest rates into their economy that is in a recession. I told you that we tried a similar thing and it led to the great depression. Well the stock market in Japan dropped about 20% …