The one thing that markets do not like is uncertainty and that is exactly what we have suffered from the past couple of days. Asia reacted to the Deutsche Bank news with heavy selling despite better than expected numbers from Japan and in late trading the futures have responded yet again. Having lost 1.9% in […]
COMMENT: Well Marty, I guess you are right and the lunatic fringe who said the world would end today and the dollar would crash all because the IMF would include the yuan of China in the SDR failed. These people always bad mouth you, but they are never right. Looks like the Dow is […]
QUESTION: I am a great admirer of your Socrates model, but there’s one thing in your personal pronouncements that seem to contain a contradiction. On the one hand you are predicting a decline of the U.S.A. and other western economies, mainly caused by excessive government interference in the economy. However, on the other hand you […]
The Hillary Clinton email scandal never ends. In all reality, one has to really question why Democrats are allowing her to run as their candidate. They seem to be making a choice between being a Democrat and being an American. Hillary’s email practices will not go away because most reasonable people know that you do […]
Private health insurance in Germany now faces a massive contribution increase in 2017 of more than 11%. Add to this the banking crisis and we will start to see the core economy in Europe turn down really hard. This will impact about 9 million people who are privately insured. The industry needs the money, which they could […]
