The lobbying is off and running is super-high gear to stop the Fed from raising rates once again. Governments all over the world have a very myopic view and focused only on the next quarter, or the next election. The Reserve Bank of India also fears that the US Fed’s impending interest rise would affect the external […]
The EU is just insane. They cannot comprehend how to run an economy. The abuse on taxation assessments in the EU has led to McDonalds relocating its international headquarters from Luxembourg to the UK. The U.S. fast food chain announced last week that a new holding company was being established in the UK, where most of […]
The Dallas Police and Fire Pension System’s Board of Trustees officially suspended all withdraws last week. The move stopped $154 million of withdraws requested last week alone. If those withdraws would have been allowed, the fund would be below the $600 million in liquid assets that is required to maintain the $2.1 billion fund. Over […]
Many are now blaming Colin Kaepernick for the sharp decline in American football ratings. Kaepernick began kneeling during the national anthem in the NFL preseason as a protest of the injustices against people of color because of Trump as if he has done something. Kaepernick has continued to protest in every game this season. Now, more than […]
I previously reported that Germany was teaching refugees how to get lucky with German girls. The education effort is continuing. In class, one tried the line “I love you. Can I sleep over at your place?” The professional lines being taught are “I really love the scent of your perfume,” or “You have a beautiful voice.” […]
President-elect Trump’s appointment of Scott Pruitt is a major change from the Obama Administration’s insane EPA ‘climate’ regulations. Trump’s pick of Pruitt clearly means that he is standing up to the green establishment. Historically, EPA chiefs have all been just climate change advocates. Trump met with Al Gore and Leonardo DiCaprio who are Global Warming advocates […]
Today, any information ahead of something like a rate hike is seen as insider trading. But back during the 1970s going into 1981, things were different. The banks were not big proprietary traders. I would routinely get a call that the Fed would raise rates in 15 minutes. It was not that someone was trying […]
Mario Draghi, extended the European Central Bank (ECB) $ 1.74 trillion bond purchase program to support the economy by nine months to at least the end of December 2017. This is far longer than most economists had expected. However, the monthly volume of currently €80 billion euros will drop to €60 billion euros from April 2017 […]
The euphoria created yesterday by the ECB continued in to Asia and especially Japan – again. The Yen has started to feel the heat as prices take out the 114 handle again and we make our way towards 115. The Nikkei closing the day up 1.25% has established a new high for the 2016. Producer […]
Geert Wilders’ Freedom Party soars ahead in polls and would win if the election were held today in the Netherlands. The political world is still in denial. Discussions circulating on Capital Hill are taking the route that Reagan was an outsider, so they just have to train Trump how this has to be done. Around […]
