Perhaps it is just cyclical, but the Cleveland Republican Convention will be the first time that Cleveland has held a political convention since the fateful 1936 election, just prior to the 1937 peak in the recovery from the Great Depression. This has the potential to be very bad for the city insofar as it will expose […]
Obama came to office yelling about “fat cat bankers” and “corporate jet owners.” He then rescinded all the Dodd-Frank restraints against the bankers, and Goldman Sachs was the largest donor behind the University of California. Whatever these politicians say they stand for during an election, you can bet is pure bullshit. Whatever they say they […]
QUESTION: Dear Marty, Whether in a Phase-transition or a Slingshot Move in the Dow, you made it very clear that such moves will be driven by capital inflows to the USA due to the alternative flight to quality to the private sector, both internationally and domestically. It is now just so obvious, it is unfolding […]
It really should be no surprise to people that we saw some retracement after a 3.3% rally in a day. That is exactly what we saw today in the Nikkei after yesterdays euphoria. Most dealers were hoping China’s GDP release was going to provide the end of week support for the markets but that failed […]
