Florida Man kills python by throwing an alligator at it requiring insurance claims on three totaled tricycles? Last week, I let you know I was on a 9-hour train trip from NYC to Pittsburgh to visit my favorite cousin, Robb, and my Great Uncle Herby. Because they wouldn’t let me drive the train, I was … Read more
More than a year ago, I stopped writing about the employment numbers. In some ways, there is nothing more important to the economy than the number of people gaining or losing jobs. The reason I stopped was the “data” was clearly being faked. Month after month, we saw great job growth on the day of … Read more
Leading off the week was the Federal Reserve which took no action and surprised no one. DKI thinks this was the right move. Of greater concern, had they lowered the fed funds rate, we think the yield on the 10-year would have increased. The Fed remains trapped and irrelevant. US oil inventories are down at … Read more
authID ($AUID) announced earnings after the close today. The press release read better than prior versions and the call was much better than recent ones. Let’s go through the details. Revenue of just under $300k was almost double 1Q last year and reversed a two-quarter trend of declines. Operating expenses were down a bit … Read more
Overview: Today, we got the April Consumer Price Index (CPI) report which showed an overall increase of 2.3% for the last year and up 0.2% for the month. Those are both 0.1% below expectations. The 0.2% monthly increase reverses last month’s -0.1% deflation figure. The Core CPI which excludes food and energy was up 2.8% … Read more
Last week, I let you know I rented out my house in Connecticut and was going to spend a year working from all over the world. Whenever I told people about my plans, everyone’s first question was about where I was going to go. My first thought was about who I was going to see, … Read more
