Looking Backwards … LB #1 We start today with an article by Alexander Kaufman over at Huffpost.com. Nuscale Power is one of the latest new energy startups that is struggling. This has been a recurring theme for us here at the C Thomas Printer Cooperative, but this is actually a technology that could be a …
Welcome to 2024! Today is our second annual forecast where I say things that will not happen in the future. This is a very popular tradition this time of year amongst sports bettors, market analysts, economists, and astrologers. Oh boy, I think I just lost our Capricorn crowd, but we must push on. In preparation …
Looking Backwards … LB #1 The first thing to do is to make note of an error that I have been making repeatedly. I wrote a piece about the B&B boys- Biden and Blinken, and I misspelled Antony Blinken’s name throughout. Antony doesn’t have an H. Errors must be quickly noted when made and not …
I apologize about the double header, but it is the holiday week and I know none of you are actually doing any work anyway so you have plenty of time to listen to our conclusion to the mystery of the magical Christmas rally of 2023. “China has its route to Europe on the Silk Road …
Much like a rerun of Baywatch, I got a little cheeky last week discussing Old Man River Joe Biden. Do we really think that he hoodwinked the world and whipped inflation, lowered interest rates, found a buyer for the bond markets, cured cancer, and won Dancing with the Stars all while showing the Saudi Crown …
Looking Backwards … LB #1 The bond market had a 20 year auction this week and it went off terribly. We talked in Bygone Relics this week about the massive turnaround and huge rally in stocks and bonds and what were some of the catalysts. Geopolitical risks, bond sales sleight of hands, maybe even the …
Last week after writing my tour de force against technology and AI, I pushed myself back from my typewriter and went outside and hitched up my two horse team to my buckboard and went for a ride in the country. Sometimes when I am analyzing markets and world events, it is easy to say I …
Looking Backwards … LB #1 The markets were definitely picking up what Jerome Powell was putting down as the Fed left interest rates flat on Wednesday and Powell’s presser came out with a more dovish tone than expected. He didn’t pivot, but he alluded to a pivot and that was all the markets needed. We …
I’ve been told that AI stands for Artificial intelligence, is that like I can’t believe its not butter, because that is not butter and I am beginning to think AI is not intelligence. OAN’s Brooke Mallory wrote an article this week about AI use in Carl’s Jr, Hardee’s, Del Taco, and Checkers. Presto Automation offers …
Looking Backwards … LB #1 Last Sunday night in the Asian markets, gold broke out above $2,100 running all the way up to $2,135 before it triggered a wave of selling. From up almost $60 an oz overnight to down $40 at the end of the Monday session, gold is moving. We go to the …