QUESTION: Martin, Last week, we had elected the weekly reversals at 24741.6 and 24395. Yesterday, we briefly recaptured, then re-lost those levels again. Do weekly reversals expire at the end of the week, expire once they are elected, or do they remain active from week to week? As always, thanks for all you do with your […]
What food is not hit by various Pandemic diseases, the weather seems to be wiping out the rest. In Germany, farmers have experienced 42% less crop in fruit in 2017 compared to 2016. According to the Federal Statistical Office, all crops are affected by drastic losses due to extreme cold. The reason is being attributed to the strong […]
We tend to think about a disease that infects humans or even animals that results in widespread crisis. However, what is also unfolding is a rise in a disease that infects the food supply. Wheat leaf rust is a fungal disease that affects wheat, barley and rye stems, leaves, and grains. This is now beginning to appear […]
Asia rallied, initially, with all core indices making solid progress in early trading following reflecting strong US markets. However, the Nikkei di not get into the mood opening lower and trending weaker into the close. Eventually finishing down -0.65% we saw a rush into the Yen against the USD also. Shanghai and the Hang Seng […]
QUESTION: Briefly, the National Security Agency discovered that the FBI and DOJ were abusing the surveillance system. As a favor of one security agency to another, NSA Director Adm. Rogers permitted the FBI and DOJ to rush to the FISA Court and confess their transgressions before the NSA informed the Court. The FBI and DOJ […]
The politics in Germany remain in turmoil. The CDU leader Angela Merkel is being attacked from within her own party. The dissatisfaction concerning Merkel has engulfed the CDU base. It has reached at times outright seething rejection of Merkel. The future of the Union really hangs in the balance. The CDU party congress takes place on February 26, and […]
We are moving into a crisis of monumental proportions. There has been a serious fundamental problem infecting economic policy on a global scale. This conflict has been between monetary and fiscal policy. While central banks engaged in Quantitative Easing, governments have done nothing but reap the benefits of low-interest rates. This is the problem we have with […]