The one thing that markets do not like is uncertainty and that is exactly what we have suffered from the past couple of days. Asia reacted to the Deutsche Bank news with heavy selling despite better than expected numbers from Japan and in late trading the futures have responded yet again. Having lost 1.9% in […]
QUESTION: I am a great admirer of your Socrates model, but there’s one thing in your personal pronouncements that seem to contain a contradiction. On the one hand you are predicting a decline of the U.S.A. and other western economies, mainly caused by excessive government interference in the economy. However, on the other hand you […]
The Hillary Clinton email scandal never ends. In all reality, one has to really question why Democrats are allowing her to run as their candidate. They seem to be making a choice between being a Democrat and being an American. Hillary’s email practices will not go away because most reasonable people know that you do […]
Private health insurance in Germany now faces a massive contribution increase in 2017 of more than 11%. Add to this the banking crisis and we will start to see the core economy in Europe turn down really hard. This will impact about 9 million people who are privately insured. The industry needs the money, which they could […]
What was initially a healthy start to the day following a strong Asian session all that changed mid-afternoon when reports about Deutsche Bank hit screens yet again. So, rather than me recapping the whole day lets just concentrate on the final few hours where all the excitement accorded. The rumours hit the trading floors that a […]
Ten of the large hedge funds are withdrawing from Deutsche Bank. What must be understood here is that Deutsche Bank is the main clearing house for trades in Europe. The problem the hedge funds have is where do they move for clearing? Short-term, they can move to New York or London. With over $60 trillion […]
In Dresden, Germany, right-wing activists are retaliating against the Muslim refugees. They are said to be behind two huge terror bombs at a mosque. This is the first attack on Muslims using bombs. This will not be the last. What Merkel has unleashed on Europe will continue to escalate as the economy turns down. Anti-immigrant movements correlate […]
Despite the slew of announcements that Hillary was the victor of this week’s debate, the latest polls are still showing Trump ahead with 47% to Hillary’s 43%. Trump has come out to the criticism and said he will hit Hillary harder in the next round. The foreign press (seite_1_tages-anzeiger_2016-09-28) supports Hillary, as does the local press. They […]
The talk behind the curtain is that Hillary has a brain implant to calm her Parkinson’s disease. This way to deal with the disease is becoming more common as the FDA has approved such implants. This video shows the dramatic results of how this technology works. The rumor is that this is why Hillary was not publicly around for […]
