The Work and pensions secretary David Gauke have revealed that parliament proposes to raise the pension age to 68. The pension crisis that is brewing throughout Western culture reflects the insanity of lowering interest rates to try to “stimulate” the economy. This policy has set the stage for the next great crisis brewing, which […]
Asia closed broadly positive following yet more European and US stock records. Given stock strength has reversed the yens gains and in late trading see the currency back above the 112 level. The Nikkei added an additional 0.5% with automakers benefiting as European rivals suffer from detrimental events but also as better than expected results […]
William Felix Browder is all over the news trying to play into the whole Russian/Trump affair muddling the waters. Browder founded Hermitage Capital to invest exclusively in Russian companies. Edmond Safra, the notorious banker who was the center of what was called the Money Plane, put in $25m of seed capital for Hermitage Capital and Safra’s Republic […]
The recent attacks in schools that have people calling for the banning of guns that are portrayed as always the worst in history. We clearly do not grasp that such events are not isolated and they are not limited to only guns. The Bath Consolidated School in Michigan remains as the biggest attack upon children after school board […]
Another mixed session for Asia but we did see a healthy bounce in the ASX as the currency behaved itself. We did see better levels during the trading session for the Nikkei but could not be held for the close. Those loses have been reversed in US trading as futures follow the healthy US market […]
SPD chancellor candidate Martin Schulz has come out and warned that if Italy is not given support, then it will send the refugees to Germany which it can no longer afford to accept any more. Schulz is warning that the refugee crisis in Germany will explode, IF Italy is not provided support from the European […]
A new report by the Robert Koch Institute (RKI), has confirmed that there has been a sharp rise in disease since 2015 with the arrival of the refugees in Germany. The disease is tuberculosis and just being exposed to a person in the same restaurant carries the rise of you becoming infected as well. Of course raising […]
Poland’s foreign minister has proposed forming an army out of the refugee men arriving in Europe. His logic is that Poland could ill-afford to send its troops to the Middle East. That may sound good use of refugees, but there is a serious problem. If Europe creates an army out of refugees, Brussels will then have the […]
A clear distinction was drawn between Shanghai (+0.4%), Hang Seng (+0.5%) and SENSEX (+0.7%) exchanges and the ASX (-0.6%) and Nikkei (-0.6%) as they both suffered declines. Some Chinese industrial profits have been encouraging, possible regulatory changes and improving economic data continue to support momentum. The yen trades comfortably with a 110 handle – a […]
