Jeff Bezos of Amazon loses about $80 million for every dollar the stock goes down. No billionaire was hit as hard by the drop this week in the share market than Jeff Bezos. During the Wednesday selloff alone, the Amazon founder and CEO lost more than $9 billion. This is how they measure people’s worth by the value […]
While the IMF chief Christine Lagarde has come out expressing her fear that not only a trade but also a currency war may emerge that could dampen the growth of the global economy, there are some serious issues that need to be addressed. The problem with misunderstanding currency and its role in the floating […]
QUESTION: Hi Martin. I see that you have reported a lot about the coming global cooling. Here in Scandinavia, we had a warm and dry summer, the warmest and dryest in about 250 years. Is there an opposite reaction to the global cooling here in Scandinavia? regards, TK ANSWER: No. What is happening is clearly climate […]
COMMENT: It really does appear that the IMF is following you and repeating your forecasts. They first said the world economy was booming at the start of the year for the next several years. Now they have revised that forecast and saying we are at risk of a decline. Any comment? HK ANSWER: Yes, at […]
A much welcomed relief rally seen in Asia today, which was a refreshing surprise given how most opened. China did publish the best trade export numbers toi the US in sometime, but is being negated by the storey US firms maybe front-loading imports in fear of increasing trade tensions. Steady progress was made from the […]
PRIVATE BLOG – US Dow Jones OPENING 10/12/2018 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
PRIVATE BLOG – View of the DAX Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
COMMENT: The view of John McCain from outside the United States is completely opposite of how the American press portrays him. I even heard like Hillary, he too had a foundation that people had to donate to for him to sponsor certain bills. HJ REPLY: Oh yes, there is no question that the press outside […]
An independent audit of the key temperature dataset that is being used by climate models has exposed more than 70 problems with the data which render it “unfit for global studies.” Problems include zero degree temperatures in the Caribbean, 82 degree C temperatures in Colombia and ship-based recordings taken 100km inland. The audit has concluded that […]
PRIVATE BLOG – US Dow Market Update For the Close 10/11/2018 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
