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What happens when the sheep wake up?
Revelations unfortunately are often painful events, particularly when one has been conditioned to accept and trust an authority. For Saul, it took some temporary blindness and a fall off his ass and on to his arse, but for many in the West this clearly is going to have to be a considerably more heart rendering […]
Continue reading“A huge miss” says CNBC for Nov US jobs. Not really!
“A huge miss” was how CNBC’s Rick Santelli framed the November US jobs report, which revealed a ‘mere’ +235k net new private sector jobs were estimated by the BLS to have been added in November. Perhaps if Mr Santelli was to add back in the -175k decline in the seasonal adjustment that the BLS included […]
Continue readingOmicron variant panics (spoofs) markets
I guess no one saw this coming, did they? A new variant of the coofe, which is evading those expensive gene therapies and frightening all us sheep to keep taking our medicine and sign up for our social credit passports. Notwithstanding that these scary variants are a direct product of pushing a mass vaccination programme […]
Continue readingHobson’s Choice – Rising rates or a currency crisis
Just how much red pilling can a market take? How about the realisation that the economic recovery following the 2008 financial crash as been an illusion based on monetary easing that was conducted in a way to disguise the inflationary consequences, overstate economic growth while forcing investors up the risk curve, where they will be […]
Continue readingSingapore – another canary!
Is it a coincidence that Singapore, like Israel before it, is currently experiencing a surge in COVID deaths at almost exactly six months after the start of its vaccination programme? Both countries were early adopters of a mass vaccination strategy to an approx 80% coverage, with Israel kicking off in earnest around the start of […]
Continue readingNorway – the COVID success story illusion
Norway stands out as an apparent success story on managing the COVID pandemic. Assisted by its small population and inaccessible communities, the strategy of digging a hole and hiding in it until a vaccine is available appears to have been vindicated by the low rate of infections and mortality, notwithstanding it having also pursued a […]
Continue readingUS debt ceiling and the point of no return
What is the drifting gold price trying to tell us, because rising inflation and reckless government fiscal policies suggests impending currency debasement? Is this just another case of cognitive dissonance, that has accompanied COVID-19(84), or perhaps a temporary phenomena such as a big holder being forced to sell gold to raise USD to cover some […]
Continue readingJune employment data – enough to keep the various bull(S) spin machines fed
June’s US non-farm payroll numbers probably contain enough straws for punters to continue to spin a positive prognosis for markets. A further rise in monthly private sector jobs of +662k, suggests the US recovery is building, but the modest increase in average earnings, given these are focused on the lower paid and more transitory jobs […]
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