A mixed session in Asia in what was very much an overhang from Friday’s session but also very weary of the Fed in two days time. It is interesting that European equities continue to trade heavy (DAX, CAC, FTSE -1.75%) … →
The first Christmas tree in NYC was erected in 1931 during the worst year of the Great Depression. During this time, almost all of the foreign sovereign bonds defaulted on Americans and caused massive bank failures. The first tree was … →
Next year, we will open up access to allow users to ask Socrates questions. You will be able to ask questions such as where support or resistance is, when the next turning point is, how much risk is there in a … →
Those in power never understand markets. They are very myopic in their view of the world. The assumption that lowering interest rates will “stimulate” the economy has NEVER worked, not even once. Nevertheless, they assume they can manipulate society in the Marxist-Keynesian … →
