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Market Talk – January 4, 2017

January 4, 2017

Japan was certainly the star performer today after we saw the PMI (Purchasing Managers Index) print far higher than expectations. The forecasted number was 51.9% but the release came in at 52.4 a sign that the economy is making significant sentiment in the right direction. This also comes on the heels of this similar number […]

The 401K – The Pension Crisis Coming Your Way 2017

January 4, 2017

COMMENT: Martin, A few weeks ago (12/13/2016) my wife received a notice from her company about changes to her 401K and I thought I was in a Kafka film. The notice basically identified “the investment elections you can make and the actions that will occur if you do not make you elections by the deadlines […]

Sturgeon Incompetent to Lead Scotland?

January 4, 2017

Nicola Sturgeon, the  First Minister of Scotland and the leader of the Scottish National Party (SNP), has said she is determined for Scotland to respect the decision to remain in the EU in 2017. Unionist party leaders urged her to abandon threats of a second independence referendum. Sturgeon is clearly uninformed and will lead Scotland to […]

India is the Guinea Pig for Electronic Money

January 4, 2017

QUESTION: Dear Marty, What could be the true intentions of Prime Minister Narendra Damodardas Modi in India cancelling the currency overnight. I have been suspecting some foul in his demonetisation move but cannot correctly understand why he did it? Counterfeit currency, Black money, prevent terrorism all his publicised motives have been shown false. If this move […]