Portrait of a “Tax Bomb”

Thankfully, the election is done and over – and in a second a few comments about it.  But, there are bigger fish to fry.  As we predicted Saturday, it looks like the first move post-election will be up (through Friday) as the market fires up this morning. 

More important?  We have been modeling drivers for the next economic downturn.  And this morning we’ll give you a thumbnail of  what’s coming.  A huge effective tax increase for people in high tax burden states.

Even if you aren’t a subscriber, you need to know that under the same “tax cut bill” that brought a lot of offshored capital back home, there is also a nefarious limit on deduction of state and local taxes of $10,000 per year.  After that, no further write-off for state and local taxes as we understand the law.

We ask wryly (or is that cynically?) note this is NOT something that anyone made a “big deal about” before the election.  However, it sure explains to us why the national media haven’t hyped the story and why so many D.C. old-timers decided NOT to run this time around.

We figure they don’t want to be around come the end of this year when the “Tax Bomb” we’re talking about this morning goes off.

Some election results first and coffee to make the ride out to the coming site of the financial trainwreck a little more pleasant…

More for Subscribers       ||| SUBSCRIBE NOW!       |||   Subscriber Help Center

Markets Eye Election Trigger

One of the questions that comes up often in our “Comments” section on the UrbanSurvival site is whether Elliott waves are really “useful.”

In fairness to people asking, the answer is Yes!  But you need to understand where the “civilian” confusion comes from.

This week, I spent some time with my friend Robin Landry who’s an expert on the wave structures.  This morning’s we will discuss how he can hold a different view than Robert Prechters when both are looking at the same data…

After some headlines and coffee, to make sure we get off to a good start..

More for Subscribers       ||| SUBSCRIBE NOW!       |||   Subscriber Help Center

Time or Price?

The fun resumes Monday, huh?

Markets like this are difficult to trade, especially when this may only be a first wave down.  We have our eye on November 27th as a possible “bad hair day” for markets.

This morning, a few ideas about time and price as we roll through the charts and fine-tune our look for the period just ahead…

More for Subscribers       ||| SUBSCRIBE NOW!       |||   Subscriber Help Center

The Global Depression of 2021?

This morning we make a steely-eyed assessment of a global move many Americans are missing:  A new wave down of our Global Index is screaming that what we went through with the January and March wash-outs could be just foreplay.

There are a number of tools we apply to come to this notion.  Not the least of which is our Peoplenomics “Brain-Amp” spreadsheet.  This handy thinking-tool – that can be downloaded from the Master Index page.  It allows you to put in the measurements of the A (or wave 1) Up or Down.  It will then offer ideas as to where the Wave B (or 2) retracement should fall, make an estimate of C (or 3), toss out another retracement idea (4), and then offer a better-than-wild guess at how far off the top is, or if a declining wave like we’re in now, how far down the bottom might be.

A few headlines first, but coffee and a note pad is recommended when we get into the discussion today since the biggest impacting event in the USA may be the rest of the world pulling us down with ’em.

More for Subscribers       ||| SUBSCRIBE NOW!       |||   Subscriber Help Center

Longer-Term Market Breaks

A novel thought has crossed my mind while looking at the data – and particularly in retooling our “trading Golem” this week.

Not completely original – since the idea is there in some of Didier Sornette’s work (see Why Stock Markets Crash: Critical Events in Complex Financial Systems ).  But, so far as I know, there’s been little longer-term cycle study.

Arcane?  Maybe…but that’s on the agenda as well as laying out a research plan after we roll through the few headlines worth mentioning.

More for Subscribers       ||| SUBSCRIBE NOW!       |||   Subscriber Help Center

Beyond ERP: LRP and PRP?

Peace with the Robots?  A Life Resource Planner to better use global resources?  Sounds a bit sci-fi, to be sure, but we may have no choice.

Today on the UrbanSurvival side, I offer a few public comments about the Lifealyzer concept,  That is:  Are we approaching a juncture where governments will need to cede social control to a global Ai platform…and if so, what’s the payoff?  Risks? 

Think of this is a kind of “latter-day virtual Technocracy.”  In other words, since humans are losing control, how do we take existing methods and “best practices” are get ahead of the problem?

Since I’ve been involved in a cyber security project, the need to look-ahead and make conscious decisions about the Man-Machine Coexistence (MMC) question has really solidified.  Especially since my colleagues in the new venture are former ERP colleagues quite expert in their fields.

So “Peace with the Robots?”  Planetary Resource Planner? And how do we migrate that way?  After a few headlines and the ChartPack plus the crash date matrix we’ll lay it out…

More for Subscribers       ||| SUBSCRIBE NOW!       |||   Subscriber Help Center

A Gentle Introduction to Mixed-Mode Modeling

Yes…today’s “deep thinking” piece is about mathematical modeling.

But the really good news is that we will use hardly any mathematical terminology.  Other than some of the most basic functions anyone acquainted with Excel (and clones) can already deal with.

Because we are in the “great hunter” mode – trying to spot the tracks of the elusive Profit Beast.

Considering how much dough Wall Street firms have poured in over the years, this may seem like a hopeless endeavor.  Yet, we operate from the premise that it’s often possible to find useful trading adjuncts because so many people of high mathematical ability are plagued by a peculiar type of schotoma.  One that keeps the apparent hidden in plain sight.

So we calculate and speculate, but not until we caffeinate and hypothecate about trading the period ahead..

More for Subscribers       ||| SUBSCRIBE NOW!       |||   Subscriber Help Center

The Clock Running Out

We skip the politics of insanity this morning to focus on our highest value:  Namely, using longwave economics and an assortment of analytical tools to take a reasonable guess at the future.

We don’t have to be 100% right; just somewhat so, in order to shade our outcome well ahead of the financial average….

So, after headlines and coffee…back on task…

More for Subscribers       ||| SUBSCRIBE NOW!       |||   Subscriber Help Center

ACNWTP – An Income Tax Solution?

Philosophy of Finance today:  Want an alternative to the Federal Income Tax system that’s in place now? You have come to the right place because we’re rolling one out.

Why, coupled with our plans to tax human replacing robots  (defining everything with more than 8K of RAM equivalent as an income tax generating human-replacer) – it means we should have plenty of jobs around when the Second Depression arrives and the our new tax scheme will ensure no one is a profiteer during the hard times to come.

First, however a few headlines and the charts to get the day rolling…

More for Subscribers       ||| SUBSCRIBE NOW!       |||   Subscriber Help Center

Our Longwave View Firms

Back to the “meat and potatoes” this morning as we focus on what we think lies ahead based on wave counts, news flows, channel development, international money flows, and where we are in the economic longwave.

Also, a long extract from my new book that comes out on Monday….

A few headlines as warm up, but our real focus today is on the longer-term (slow-motion) decisions that make money….

More for Subscribers       ||| SUBSCRIBE NOW!       |||   Subscriber Help Center

Real Secrets of Anti-Aging

Yeah, I know:  “What does this have to do with long wave economics?”

Well, EVERTHING.  Since not only is there the fine print of live that says “Must Be Present to Win” – but there’s also the matter of planning when, how, and in what asset classes to deploy your hard-earned game points.

So, this morning, a peak at some of the most recent science and how it may impact some of us who would not only like to “beat the market” but who would like to “beat death” for a while, longer, too.

More for Subscribers       ||| SUBSCRIBE NOW!       |||   Subscriber Help Center