QUESTION: Hi Martin, First, thanks for this article (on Facebook shutting down AI) It is the first non-sensacionalist and serious post I read on this topic. Although, I found it somehow contradictory. Your main statement is that all the history is cyclical. But in this post you say “Therefore, we can create a computer that […]
We did not see a clear direction for core Asian indices today as we played between the positive and negative for most of the day. A typical August Tuesday with slow trade, low volume and no direction but we did have economic data to digest. Chinese released Export numbers for July increased by 7.2% whilst […]
Judicial Watch has filed a letter of intent that reflects a very serious problem in California voting. Eleven California counties posted more votes for Hillary than exists in registered voting population. We are looking at massive voter fraud in California that could seriously rock the nation when we consider that if we eliminate California, Trump won […]
The retail sector has been stagnant and most people are blaming AMAZON. A closer look is really required rather than the typical superficial analysis. Today, online sales represent only 8.5% of total retail sales. Amazon comes in at $80 billion in sales, but this merely amounts to just 1.5% of total U.S. retail sales, since 2016 total retail […]
All we ever hear is how Climate Change is caused by humans and it will destroy the world. They have been yelling that New Orleans and Miami will be UNDER WATER within the next century as rising sea levels put more than 400 US cities ‘past the point of no return’ unless we suddenly raise […]
The Finance Minister of Canada, Bill Morneau, has announced that the government is now targeting private corporations and fundamentally changing the way businesses are taxed. The Canadian government is focusing in on income sprinkling, earning passive investment income in a corporation, and converting a corporation’s ordinary income into tax-preferred capital gains. Effectively, the Canadian […]
New South Wales in Australia has doubled property taxes for foreign real estate buyers. Of course this violates international law, but governments are broke and they are doing their best to destroy the world economy from every which direction. The politicians are responding to Australians who see foreign buyers of property causing a real estate […]
Having watched the VIX break the psychological 10 level once again today, it looks comfortable in single digits having digested Fridays NFP’s report. YTD, it remains down around 25% but with volumes so low, we must ask the question – does this indicator still warrant such attention! As traded volumes decrease and market […]
QUESTION: Marty; back in the 1980s you would show your proprietary index on the overvaluation of the broad share market filtered in currency and capital flows. You have mentioned it is by no means an overbought market. Can you post an update of that index? You haven’t shown it recently that recall. I know you said […]
This year’s WEC (World Economic Conference) is time to address the beginning of the most important event perhaps in our lifetime that stands on the event horizon to begin in 2018. We have nearly reached our second target on the Dow Jones Industrial Index – 23,000. They laughed at our forecast back in 2011 that […]
