Posted on 15 February 2012
Share by Patrick Wood Economy In Greek mythology, Sirens (Seirenes) were seductresses who used compelling and mystical music to lure sailors to their death. As they sailed close to the rocky shores of the island, mesmerized sailors would simply walk off the deck of their ship and then drown. The ship itself would then crash […]
Posted on 08 February 2012
Baltic Dry Index hits 26 year low as shippers give away free passage. Dependence on government has risen to a new high as 70.5 percent of Federal spending goes to dependence programs. Are derivatives pushing stocks higher? Stocks continue to look stretched to the limit.
Posted on 01 February 2012
Signs of economic deterioration continue to accumulate. The trade deficit is rising again as exports drop. Stocks may move slightly higher before making a turn down.
Posted on 25 January 2012
Are libertarians also anarchists? The WEF meets in Davos to discuss the demise of capitalism. Stocks sport fully mature 5-wave moves up and internal momentum is waning.
Posted on 18 January 2012
Some additional forecasts for 2012 and beyond. Baltic Dry Index is crashing along with inter-modal rail traffic. Detroit faces bankruptcy. Stocks are again poised for major decline.
Posted on 10 January 2012
Looking ahead into 2012 with a few preliminary forecasts.
Posted on 03 January 2012
“There is no safety for honest men except by believing all possible evil of evil men.” (Edmund Burke) Stocks lack follow through on the first hour of trading this morning.
Posted on 28 December 2011
Holiday sales drop at Sears sparks 160 store closings in 2012. Is Sears in a death spiral? Malls will suffer as non-anchor stores bail out of their leases. Home prices headed sharply lower again in 2012. Gold & silver are plunging lower as the dollar rises. Stocks are again pointed down.
Posted on 21 December 2011
Christmas spending is up but prices are down. Huge sales before Christmas are signs of deflation, not inflation. IBM is working on a mind-reading computer. Stocks may be quiet until after New Years.
Posted on 14 December 2011
Deflation: Katie bar the door! European banks are throwing assets overboard in an effort to raise capital. Dollar rallies to new bull market highs. Gold, silver, commodities all hammered. Stocks likely in wave 2 down, and could intensify. Presidential candidate Gov. Buddy Roemer deserves a chance to be heard.