Cycle alignments are still mostly bullish, but now extended. The 6 month cycle remains bullish, and already stratospheric cycle projections for the S&P and QQQ have gone even higher.
How much more can an erstwhile bear take? How much more should they? Here are some suggestions.
For anyone deluding themselves that the COVID19 pandemic is going away, here are the latest global counts
Things are going swimmingly in the ‘best healthcare system in the World’, Not.
For those interested in the current events in the U.S., here is a data-driven background to police violence as a systemic problem: https://mappingpoliceviolence.org/.Couple of key charts, focusing on systemic and broad reach of the issue:The chart…
I try to stay laser-focused on the analysis, conscious not to stray into the conspiracy realm. The Fed may buy S&P futures contracts at key market junctures and the government might at times fudge the numbers. I don’t know, and I’m not going there. Some will question the veracity of Friday’s payrolls data.
To the degree that it’s true, the idea that the US economy is recovering is a catastrophic notion for the financial markets. Surprisingly, the withholding…
Honestly, what did everyone think was going to happen? I know, I’ve seen the analyst estimates. They were talking like another six or seven perhaps eight million job losses on top of the twenty-plus already gone. Instead, the payroll report (Establishment Survey) blew everything away, coming in both at two and a half million but […]
The bill for extreme wealth/income inequality is now overdue, and the penalties for ignoring the bill will be as extreme as the inequality.Our socio-economic-political system–let’s call it the status quo–has been hollowed out by extremes of weal…
Some updates on the jobs report this morning for the U.S.Political reaction:Reality bites:New initial unemployment claims last week: 1,603,000. Putting this into perspective:Which brings latest non-farm payrolls figures back to 1Q 2000 levels:So, yeah,…
Total nonfarm payrolls as reported by the Trump Regime Bureau of Liar Statistics rose 2.25 million on a not seasonally adjusted basis, before downward revisions for March and April. This is based on a comparison of the year to year change for May vs. the year to year change for April.
Hidden beneath the headlines was a lot of bad news.
