It has been a wild week for many markets but will probably be remembered for the week European government markets were given permission to turn. With that Asian markets closing on a quiet note but ahead of US Non-Farms that was not a surprise. From its highs oil lost 10% at one stage and even […]
The EU summit on Thursday ended illustrating the deep divisions and how the EU is collapsing. Poland has rejected the re-election of President Donald Tusk, who is Polish, for his autocratic leadership that refuses to look at the economic decline. Poland tried to block his election and this has led to a deep disagreement between […]
On March 15th, 2017, the Ides of March, we will see the Dutch elections which are the next big test of nationalist populism as it is being called by politicians. Yes, “populism” is being smeared by the press and the politicians because this is actually democracy where the vote of the people is supposed […]
COMMENT: Marty; I have to say, the forecasting on Socrates in Oil is very impressive. It picked the high and then forecast a water fall in February even though February closed higher. From even a technical perspective, it did not appear that such a sharp collapse would unfold. Absolutely amazing KW REPLY: This is completely […]
While Marine le Pen has reversed her position on introducing a new French franc saying she will set the rate at one-to-one to the euro and then allow it to float, whereas previously she said she would peg it to a basket of currencies. Meanwhile, we are looking at the collapse of the Fifth Republic formed […]
When many people see great political leaders or business leaders, the shocking realization is that they mostly see only men. Why is that? The answer is actually cultural which has been embedded since ancient times, but not in all cultures. In ancient Rome, women had the office of the Vestal Virgin (Latin: Vestales) who were the priestesses […]
Markets and sentiment did not do too well in Asia today after the decline in the oil price yesterday. Energy stocks were hit as were commodity relations as we saw mixed data out from China and weaker JPY. China released better than expected Producer Price Index but was countered by slower than expected Consumer Prices. […]
Wikileaks has published Vault 7 which contained thousands of documents. Wikileaks now says the CIA has hacked into Apple and Android smartphones, Windows computers and Samsung smart TVs. Looking over all the documents, they seem to now describe how the CIA can spy by exploiting security flaws to access text and voice messages EVEN before […]
Understanding that one must watch the world to ascertain the trend even domestically is critical – this is what separates a domestic trader from a professional hedge fund manager. You simply have to know what is happening out there on all fronts. Connecting the dots allows you to see the full picture of what exactly […]
COMMENT: Experience is everything. Your interpretation of your model is also invaluable because you have grown up through life observing the order within chaos it has revealed. There is no one who can dispute the countless forecasts you have made right down to the Dow would make a new high from the depths of despair […]
