Eruption of volcano Agung in Bali Over the past few decades, there have been several research papers in the scientific press that submit there is a correlation between cosmic-solar radiations and destructive geological events such as earthquakes and volcanic eruptions. On top of this, there are correlations with climate change that kick in where volcanoes […]
The final hours of the US trading session was a major concern for Asian trading this morning, which probably was not helped when the RBA (Reserve Bank Australia) left rates unchanged. This move certainly helped a bounce for the A$ but didn’t help stocks with the ASX closing down around -0.25%. The Hang Seng traded […]
The top story in Britain is the collapse of BREXIT negotiations thanks to the stupidity of Northern Ireland. If Northern Ireland wants to remain inside the EU, we already have Scotland saying they would want the same deal and the Mayor of London adds his two-pence to the issue think he will save the City […]
I have warned that all the protests against Trump’s Travel Ban were just politics. It was by no means discriminatory against Muslims, it was targeting the countries where terrorists come from. As I have said before, we employ people of every race and religion. We have no problem with our Muslim staff flying in from […]
Several people have asked why I could not confirm or deny that the cause of earthquakes is the slowing down of the Earth’s rotation. As previously reported, this new theory was published in Geophysical Research Letters earlier this year by Roger Bilham of the University of Colorado and Rebecca Bendick of the University of Montana. The theory […]
The Danish Central Bank has come out to warn that there is another financial crisis ahead. The central bank identified several indicators that point to growing risks from its analysis perspective. It is recommending that the banks in Denmark begin to raise their capital risk buffer. The primary concern centers on household credit where banks have lent […]
Asian markets were unsure how to respond to the weekend news of the US tax move. Whilst it was assumed the move was positive news for US futures markets, it is not necessarily good news for its competitors. The realisation that cash is now being beckoned by US markets, others realise they will be […]
COMMENT: Mr. Armstrong; It is so clear you understand the basic human response that drives the economy. It is amazing why the entire world does not listen to you. Within 24 hours, German companies are demanding tax cuts to compete with the Trump tax cuts. They realize what you have been saying. The USA will […]
The tax cut critics are really just morons if not outright evil people who just want to rob anyone who has more than them. Their analysis put the bill’s total price at $1 trillion, contradicting the Republican argument that the measure would essentially pay for itself. They act as if this is somehow different than […]
The Trump Tax Reform is a very major deal. There are seven brackets in today’s individual tax code. The Senate version of the Trump Reform is not a windfall for the rich lowering their bracket from 39.6% to just 38.5%. The seven tax brackets currently are: 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%. Changes […]
