Fridays NFP in the US did not help support the Nikkei despite the DOW’s strong closing rally. We did see a bounce off of the 16k figure but given that the Chinese markets were closed, holding any gains on the day proved just too lonesome. Late news on Friday about oil production continues to haunt […]
Trump’s latest comments over the weekend regarding the economy are interesting but still fall short of reality. He argues the unemployment number is really in the 20%+ zone, and the number that was provided was deliberately contrived to make politicians look good. That is basically true, but his number is a bit high. He says the […]
Part of the crisis in the EU is the fact that there is an inherent anti-democratic foundation because Brussels has been attempting to force uniformity upon all of Europe which cannot possibly work. To the shock of some, I have stated many times that what made America function was DISCRIMINATION. Every group coming to America — German, Italian, […]
I have been asked to explain the differences between socialism, fascism, and communism for some people seem to mix them all up. A “socialist” is akin to a fascist for there governments seeks to dictate control. They do not pretend to own private property. Communists seize all private property and place it in the hands […]
The pension crisis is brewing and the one state that appears to be heading toward a complete bankruptcy is Illinois. Clients should not own ANY debt from Illinois, be it city, municipal, or state. Just get out before the curtain falls. The Illinois Constitution plainly states that pension benefits, once granted, “shall not be diminished or […]
