Let The Bail-Ins Begin

Portugal is starting to bail-in banks. The fascinating aspect that nobody seems to see is that this is a total failure of socialism. The U.S. Federal Reserve was formed in 1913, with the shareholders being the banks, to provide the … Continue reading

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Market Talk – May 16, 2024

ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 534.53 points or 1.39% to 38,920.26 Shanghai increased 2.50 points or 0.08% to 3,122.40 Hang [...]
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Will Biden Debate Trump?

The WORLD would love to see Donald Trump and Joe Biden square off in a debate. The American people deserve a fair debate and it is absolutely preposterous that the [...]
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Powell Pessimistic After Q1

Powell reiterated this week that he does not see any short-term need to lower interest rates. The Fed remains delicate in its speech to the public. They knew that inflation [...]
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