As we have reached the turning point for the conclusion of this 8.6-year wave, there is so much going on even politically it is mind-blowing. Everything from Impeachment of Trump which may bring a surprise, European army, constitutional change in Russia, riots in Iran, a new record high in the US share market, the bounce […]
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ASIA: The Trump administration is looking to make progress in phase two trade talks with China, according to a statement made today by White House trade adviser Peter Navarro. The US wants to work on preventing China from subsidizing its state-owned enterprises. “It’s just insane that Chinese government officials continue to hack into American businesses […]
QUESTION: Sir, You have advised us to avoid sovereign debt after the ECM date. I imagine that the crisis will affect nations unequally. It seems obvious that money would leave bonds in the more challenged, negative rate countries (EU and Japan). Might these flows come into US Treasuries, thereby stabilizing US rates, at least short-term? […]
QUESTION: OK, you have shown articles from the 1930s and 1970s where they talked about climate change. So are you saying that people have always been talking about climate change for decades? This is not something new I presume. SK ANSWER: The climate has always changed. Even during the 1840s when there was a major […]
Back in 2008, a California Socialist activist was gathering signatures in an attempt to impose a state wealth tax on the ballot that would have imposed a new 35% income surtax on top of the Federal income tax. He realized that people would flee the state, so the solution was to impose an exit tax, […]
