Weekly Indicators for December 13 – 17 at Seeking Alpha
by New Deal democrat
Weekly Indicators for December 13 – 17 at Seeking Alpha
[Brief programming note: this coming week will only see existing home sales on Wednesday, and new home sales plus jobless claims on Thursday. In other words – don’t be surprised if I take a couple of days off. Omicron permitting]
My Weekly Indicators post is up at Seeking Alpha.
While the large majority of the strictly economic data continues positive in all time frames, it can be trumped at a moment’s notice by Omicron.
I expect the comments on this week’s post at that site to be “interesting,” but not in an intellectually challenging way, if you catch my drift and I think you do.
In any event, clicking over and reading will bring you up to the virtual economic moment and pay for my postage to send out all my Christmas gifts.
i saw a post that compared ant-maskers/anti-vaxx ‘rights’ claims, to those who would advocate for drunks to be able drive. both can kill, one kills about 26,000 the other about 200,000+ (this year alone)
but freedumb is more important than others lifes
The “ant-maskers” were a big hit back on Halloween :<)
I wonder how long until the insurance companies decide not to pay for end of life care for antivaxxers, and from there how long it is till hospitals start wheeling them out to the dumpster to gasp their last?
That said, I’m all for antivaxxer’s freedom to choose death. We need less of their unique intellectual gifts in this world.
The Bigger Picture?
Is the asset debt macroeconomic system a highly ordered mathematical self assembly system conferring on the subject of macroeconomics the properties of a science similar to the self-organizing properties of subatomic, molecular, and galactic systems??, is this the 1807 36/90/90 year maximum US hegemonic crash devaluation? The Nasdaq high occurred on 22 November 2021 and represented the peak valuation of the 14th day of the third subfractal of a 4 Oct 2021 nadir based and interpolated x/2.5x/2x/1.5x fractal series :: 7/17/14/10 days. The 1929 three phase fractal decay series :: y/2.5y/2.5y replay started on 13 October 2021 for the SPX representing a 11/25/25-26 day decay series. This is trading day 14 of the Spx’s third 25-26 day fractal decay subseries. (This is easily obsevable using the DJIA) From the March 2009 lows, the monthly series for the SPX is x/2x/2xy or 31/63/63 of 64 months with peak valuation growth at month 62 (November 22, 2021) of the third fractal series.(31/63/32 :: x/2x/2x) There are two months overlapping between the end of the spx’s 63 month second subfractal and beginning of the 64 month third subfractal. BITCOIN in US dollars is at a synergistic second fractal nonlinear collapse point at 27/58 of 59 months and a shorter 7/16 of 17 month first and second x/2-2.5x subfractal series. I believe the global asset-debt macroeconomic system is a self-organizing and self-balancing system with highly patterned very simple mathematical fractal growth and decay series. I believe these self-assembly easily observable patterns represent a science for the macroeconomy equivalent to the self-assembly and ordered subatomic, molecular, and galactic processes in the physical universe.
Wrong kind of mushrooms, my dude.
Erratum: 31/63/62 months vice 31/63/32 :: x/2x/2x) from the 2009 lows to the 2021 peak valuation.
The question about what causes market crashes is not a trivial one. The simple answer is peak bad debt accumulation, asset overvaluation, and asset overproduction. These elements are dependent on money and debt creation via central banks influenced by sovereigns and politicians. Qualitatively, excessive money creation results in excessive debt, excessive asset production and a worsening of peak overvaluation. Think of the Chinese high speed rail system or the construction of the empty cities in China. There is a lot of bad debt which will not be repaid in China. Or think of the excessive rail system built in the US in the late 1860’s and early 1870’s and the Panic of 1873 and ensuing depression.
If the transition from composite equity nadir values to equity peak saturation areas occur in a highly patterned and self-assemby manner, the global macroeconomic system has the quality of a patterned science. That’s not a trivial observation.
Moral arguments can still be made about economic fairness under the umbrella of how the glocal macroeconomic system actually operates and comments can be made about American CEO’s and lobbied politicians who chose profit over nationalism via NAFTA et. al.