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Market Talk- July 6th, 2017

July 6, 2017

Geopolitics has taken centre stage today as Trump comments on the severity required towards North Korea and prepares for his meeting with Russian President Vladimir Putin. German Chancellor Angela Merkel has talks with President Trump are expected to be frosty as she commented, “He is the most disruptive and egotistical leader at the (G20) summit”. […]

Illinois – Poster Child for the Coming Sovereign Debt Crisis

July 6, 2017

Illinois House had voted 72-45 to pass a 32% income tax hike as government refuses to address the real issue of a never-ending need for more and more tax revenue to keep state employees rolling in their pensions. The governor vetoed the tax increase and he was overriden. There is absolutely no hope for Illinois. […]

North Korea – ECM & War

July 6, 2017

It was just one day after the first test of an intercontinental rocket by North Korea, that the US demonstrated military strength and threatened further sanctions against the isolated state. We have to understand that we are dealing with a pampered Kim Jong Un who will never yield to sanctions and countermeasures of rocket tests. […]