Monday, December 31, 2018

Summary, 2018

Moral: Wherein we show most-read posts.

Prior years:  2009201020112012201320142015, 2016, 2017 (missing).

Remarks: Modified: 12/30/2018

12/30/2018 --

Monday, December 24, 2018

What goes up ...

Moral: The markets (ca-pital-sino) seem to be in a free fall. People are asking why. Example: The US is now officially in a bear market and the Dow had its worst week in a decade. Since President Trump took credit for the good economy, will he accept any responsibility if we go into recession? Of course, there is a political flavor.

Look, over a year ago. Expectation of unwinding. Tantrums are not mature.

So, teaching opportunity? Let's look at a few details that will be germane to the analysis that will come ex post facto. These are implied in the answer to the above question. All of this has been covered here, from the beginning. As we proceed, we'll look back at our on-time analysis over the period since Ben turned on the spigot, Janet kept it on, and there was some recent closing off. That a factor? Sure. But, ETFs (and their ilk of gaming) are to boot. Plus, many other things, especially technology.
  • The whole mechanism, take the DOW, inflates as the thing goes up. Puffery. On the downturn, it turns the other way and squashes real quickly. 
  • The FED wanted people to run after the risky. They flayed the reasonable. Who are those? The savers. I have it all here, folks, including things not written yet. 
  • On the political, jaw boning (twitting, whatever) has an influence. That would be 'in the spirit' of the thing. So, bull (crap?) to bear (claws)? Good thing that nature has balance. We sure like to get our little selves way out of any rational balance, it seems. 
  • Mathematics and computing? Being misused. I said that from the beginning. Hence, one major focus has been truth engineering (will be, too). 
So much more. This is a brief statement of direction and intent. 

Remarks:  Modified: 12/24/2018

12/24/2018 --

Update

Moral: Wherein we start to look anew, at the issues.

So, we're past what is called the mid-term (something like that) election. And, the blues took the House from the reds. That ought to dampen some of the whining. We will see. The Fed has started to quit the flaying of the savers. Some savings rates are up to 2% and more.

We never whined here. No, it has always been righteous indignation (;>). Like the prophet of old, we could not see much but thing going crazy.

However, now is the time for reasonable folks to step forward, and we intend to do so.

Of late, our creative juices have been spent on two avenues: Thomas Gardner Society, Inc. site and blog; Quora, the indescribable, so to speak.

Remarks:  Modified: 12/24/2018

12/24/2018 -- Example Quora question: What goes up ...

Tuesday, September 19, 2017

The Great Unwinding

Moral: Wherein we look at the Fed's departure. Hah.

Long ago, we asked Ben to unwind. The first request was 2009. Then, 2012 seemed like a good time.

Then, we had the taper tantrum. Poor Ben, had to leave it to Janet. Who has only did little changes, so far.

BTW, 'Great Unwinding' is a headline in the WSJ for today (09/19/2017).

So, we are at some point in time that was anticipated long ago. Much ado about nothing?

Remarks:  Modified: 09/19/2017

09/19/2017 --

Monday, July 31, 2017

Billow and/or bubble

Moral: Wherein we look at the billowing markets.

Billow? As in, clouds fluffing and puffing up. BTW, has the Fed gone to the Tetons, yet, where the clouds will wafer up from Colorado's myriad of smoking joints?

The Dow is close to 22K. And, that is not seen as a bubble?

Hey, let's get it back to 12K.

At least, the 4T balance sheet gets news. Yes, it's to be trimmed, This time, there was no taper tantrum. Not as yet, anyway.

Meanwhile, savers, in come cases, are getting a penny on the dollar. Isn't that nice?

Remarks: Modified: 07/31/2017

07/31/2017 --

Tuesday, June 27, 2017

Trickle

Moral: Wherein we wonder how much a little trickle can sustain, say of some little plant in the desert of little moisture.

Much analysis is pending.

Well, we got another $0.25. I know. Just think what one gets $100 for a year. Gosh, back in the 50s, that might have bought a candy bar or two. So, we're talking a little snack for one day of the year.

On the other hand, the Fed is to reduce their huge balance sheet which is a good decision.

Remarks: Modified: 06/27/2017

06/27/2017 --

Monday, May 1, 2017

EconoSpeak

Moral: Wherein we let others talk a little.

What to say about Janet and friends that has not already been said?

Well, let's look elsewhere. This comment to a post was very much apropos to the point: Is Authoritarian Nationalism Mostly A Rural Phenomenon? Yes, what science do we find with economics? Ah, the FED and its pretense?

I'm not a bumpkin, but I was recently in DC. Oh Lord, it is not the intelligent little place that it was 40 years ago. What the heck happened? Yet,  there are little islands of rationality such as those being managed by old civil servants who remember when there was some notion of class and responsibility.

Now, it's money, money, money (thanks, ABBA).

I'm thinking that we need some type of agrarian resurgence. See this on Quora: Is there an alternative to consumerism to keep economy going?

Remarks: Modified: 04/30/2017

04/30/2017 --