People are getting angrier – with each other, with their unresponsive and defective governments, and with institutions frustratingly failing at their core missions. The reason for this is we’re all being shocked. When shocked in a cage, and without a means of escape, rats will turn on each other, deflecting their pain and anguish onto …
Uncomfortably Numb Read More »
We had four economic reports this week: Personal Income (PI): +0.22% month over month (m/m) [+0.26% month over m/m prior]; Slowing, negative. Durable goods, New Orders (DGORDER): +5.33% m/m, Shipments +0.50% m/m. Positive. Median New Home Sales Prices (MSPNHSUS): -16.9k m/m, New Home Supply: -0.2 [to 9 months]. Negative (for housing). GDP: +1.56% quarter over …
A Gold Divergence; Post Vaccine-War Impact Incoming Read More »
Orwell's "1984" described holes where unwanted news disappeared to be consumed in gigantic furnaces. They were called "memory holes."
Robert Kiyosaki explains that there’s a similar mindset involved in censoring speech and hating capitalism.
Our annual Peak Prosperity Virtual Seminar is coming up on the 28th and 29th. Check it out!
Signs and symptoms of recession this week: Retail Sales (RSAFS): -1.16% month over month (m/m), motor vehicles -1.62% m/m, food and beverage +0.03%. Bearish. Industrial Production (INDPRO): -0.73% m/m, manufacturing -1.32% m/m. Bearish Producer Prices (PPIACO): -2.00% m/m. Bearish. Baltic Exchange Dry Index (trading economics): new 3-year low. None of this looks good. Note that …
A Slowing Economy; We Are Past Peak WEF Read More »
Chris is going live at 1pm EST! Join us below!
They are effectively little more than the enforcement arm for the power-hungry mob that infests DC.
Here’s essential context so you can understand the FAA’s secretive change to pilot EKG parameters.
The Consumer Price Index (CPI) news was the primary economic release this week; allegedly, inflation dropped -0.08% month over month (m/m), and rose +6.42% year over year (y/y). But, while aggregate CPI (black line) fell fairly briskly, services inflation (red line) ticked higher. Services inflation continues to rise. What categories are pushing services inflation higher? …
More Services Inflation; Plebe Lives Matter Read More »
Scotland’s political “leadership” is seeking to drive the country to ruin. How? By demonizing their remaining fossil fuels with the intent of “leaving them in the ground” because of “climate change.” Okay, fine, but before doing this the politicians had better have a complete plan that grasps the fundamental laws of thermodynamics and is firmly …
California is flooding due to a steady stream of storms which some are blaming on climate change. Talk show host Ellen DeGeneres is one of those people, and her view is that “we” should be treating Mother Nature better – by which Ellen seems to mean that you should be consuming less energy. Her? She’s …
Ellen DeGeneres, California Flooding and Climate Change Read More »
There were two economic reports this week: Nonfarm Payrolls: +223k month over month (m/m) [prior +256k] (bullish) Durable Goods: New Orders -2.13% m/m, Shipments +0.19% m/m (bearish) My favorite section of payrolls that I use for detecting recession isn’t showing a clear signal of recession just yet; the FRED Series (LNS12032196) titled “working part-time for …
Mixed Data; These Are Our Stories Read More »
More people than ever are living alone or with another older person. If you are older or disabled and live independently, you can do plenty of things to make it through short to moderately long emergencies. If you have an elderly relative living independently, you can help them organize and prepare using this article’s guidance. …
Preparedness Basics for the Elderly or Disabled Read More »
Just before the Thanksgiving holidays, Chris joined the Unity Project’s CEO Laura Sextro on it’s Rumble podcast to discuss how Vimeo censored private Peak Prosperity videos. It’s an illuminating discussion that shows the 1st Amendment violations of Big Tech social media channels. (Click here to sign up) Hey Folks – I just wanted to …
Vimeo Files: Chris Discusses Vimeo’s Censorship of Peak Prosperity Read More »
There’s a massive recession on the way that will strike in 2023, of that I am about as certain as I can possibly be. Normally I keep my options open and of course I stand ready to be surprised if a recession doesn’t materialize, but the chances of being wrong here are so low as …
Major Recession On The Way Read More »
Equities fell 19.44% this year, and -5.90% in December. The December drop (and the “bearish belt hold” candle print) looks quite bearish, but my forecast model isn’t yet convinced. The Financial Industry Regulatory Authority (FINRA) margin debt has fallen some 28% from peak, and shows no signs of recovering. Margin debt and the S&P 500 …
Long-Term Market View; Turbulence and Disclosure Ahead Read More »
This week, I will use monthly charts because they provide a more long-term perspective on what has happened, and may provide clues where things might be headed. A teacher of mine once said, to see the trend better, pull back on the timeframe. In that spirit, this New Year post will try to focus on …
Long-Term Perspective, Crude and the 10-Year Yield Read More »