Re: Higgenbotham's Dark Age Hovel
Posted: Sun Jun 04, 2023 8:32 am
Higgenbotham wrote: ↑Fri Jun 02, 2023 8:38 pm2023 followed by 2008. These have been compared a lot but now there is a pattern match in my opinion.
Generational theory, international history and current events
https://gdxforum.com/forum/
Higgenbotham wrote: ↑Fri Jun 02, 2023 8:38 pm2023 followed by 2008. These have been compared a lot but now there is a pattern match in my opinion.
Higgenbotham wrote: ↑Tue Mar 21, 2023 9:34 amI'm starting a short position this morning. The S&P is at 3994. I expect the manipulators to create quite a bit of pain for shorts before the market turns down again. I want to be in the largest short position since the bear market began at wherever the top of this rally ends up being. So far this morning I've done about 1/10 of what I'd ultimately like to do.
NEoWave Webinar
The S&P has reached a crucial inflexion point, which is why this EMERGENCY WEBINAR is necessary.
In today's presentation, I'll provide Specific Price/Time TARGETS to watch for in the cash S&P over the next few WEEKS, MONTHS and YEARS to confirm my long-term Wave structure and outlook.
YOU DON'T WANT TO MISS THIS PRESENTATION!
Join Now by Clicking the Link Below...
https://register.gotowebinar.com/regist ... 9512634457
See you there,
Glenn Neely
NEoWave, Inc.
https://dailycaller.com/2023/06/03/that ... cPMrWwsV_w‘That’s Not The Whole Story’: Seemingly Rosy Jobs Report Reveals Worrying Workforce Trends, Economists Say
JASON COHEN
June 03, 2023
The U.S. economy added significantly more jobs than anticipated in May, but key data in the latest jobs report reveals cause for concern, economists told the Daily Caller News Foundation.
The country added 339,000 jobs in nonfarm payroll employment in the establishment survey, which collects data from nonagricultural businesses, according to Bureau of Labor Statistics (BLS) data published on Friday. The household survey, which collects data from households, revealed some indications that the economy is headed in a worrisome direction, according to experts who spoke to the DCNF.
“While the headline jobs number blew away expectations, that’s not the whole story,” E.J. Antoni, research fellow for Regional Economics at the Heritage Foundation’s Center for Data Analysis told the DCNF. “When the report is viewed wholistically, as opposed to cherry picking a single datum point, it is further evidence that we are headed toward recession.”
The household survey showed that the number of Americans working multiple jobs went up and unincorporated self-employment went down, according to the BLS data. “When people move from self-employment to working for a business, or when they take a second (or third) job, that increases nonfarm payrolls, even though the actual number of people employed hasn’t changed,” Antoni told the DCNF.
The household survey does not count any “duplication of individuals” because they are only counted one time, regardless of how many jobs they work, according to the BLS.
“The household survey showed the opposite [of the establishment survey], with a loss of 310,000 jobs,” Antoni said. It also showed a drop of 23,000 full-time jobs and that part-time jobs plummeted by 220,000, according to the household data.
He said the report shows that the labor market has moved from “growth to contraction.”
“The report dovetails perfectly with other data showing cash-strapped consumers getting additional jobs, or leaving self-employment, because their wages aren’t keeping up with inflation,” Antoni added.
Chief Economist at the America First Policy Institute Michael Faulkender told the DCNF that Friday’s report was confusing.
“If you ask companies, they are employing more people,” he said. “But if you ask households, fewer people are working.”
“There is a divergence between the payrolls and rate data that suggest that the data is not capturing some key information,” economist with the American Institute for Economic Research Pete Earle told the DCNF.
Antoni told the DCNF that the lack of accuracy in government data can have serious consequences.
“The accuracy of official government data ha[s] declined, and the Biden administration owes the Federal Reserve, Congress, and the American people an explanation,” he said. “All three groups will have additional difficulty making important decisions without reliably accurate data. We therefore run an increased risk of implementing ineffective public policy.”
Unemployment rose .3% to 3.7%, according to the report. Faulkender explained this rise came from the decline in workers recorded in the household survey and that this could be an ominous sign for the economy. “If gig workers get hit with labor reduction / layoffs before salaried employees, this could be an early indication of job impacts that are coming,” Faulkender told the DCNF.
https://twitter.com/SquawkStreet/status ... adw5cuAAAAFormer Home Depot and Chrysler CEO Bob Nardelli gives his take on retail shrink.
"We're in a lawless society right now," he said.
https://www.kxan.com/news/crime/cedar-p ... -shooting/CRIME
Cedar Park Police charge man with murder in Circle K shooting
by: Cora Neas
Posted: Jun 4, 2023 / 09:55 PM CDT
Updated: Jun 4, 2023 / 10:42 PM CDT
CEDAR PARK, Texas (KXAN) — Cedar Park Police arrested a suspect Sunday in connection to a fatal shooting at a Circle K gas station Friday night, according to a press release from the agency.
Bradley Stanford, 23, is charged with one count of murder, a first-degree felony.
Prior to the shooting, a “verbal exchange” occurred in the gas station’s parking lot between Stanford and 24-year-old Akira Ross, according to Cedar Park Police.
Officers responded to a 911 call reporting a shooting around 9:50 p.m., and found Ross dead when they arrived. The gas station is located at 12020 N. FM 620.
At around 5:15 p.m. Sunday, Cedar Park Police and San Patricio County Tactical Response Team arrested Stanford in Ingleside, Texas. According to the press release, the Aransas Pass and Ingleside Police Departments also assisted in the case.
The agency said that the shooting is still an ongoing investigation.