“A confident close for the week” that was how one trader expressed the Asian markets today. A good solid recovery, from the morning sessions, ahead of the weekend and also the NFP. The PBOC fixed the Yuan rate at 6.5284 which was slightly firmer against the USD compared to Thursday’s fix (6.5412). A dramatic dip in the Shanghai index […]
Sometimes you really have to ask: Is French President Francois Hollande simply clueless? At a European Union summit, Hollande said he opposes Britain’s demands for special treatment for its financial markets as a way to keep Britain in the bloc. Hollande has bluntly said that Britain cannot veto what happens in the Eurozone. Hollande’s socialist agenda will […]
The president of the German secret service, Hans-Georg Maassen, has come out and warned that the uncontrolled immigration has created a serious safety risk to Germany because the authorities no longer know who is in the country. If people think U.S. politics are going in the gutter, look at Germany where politicians have created a […]
Since Jews founded Goldman Sachs, some people assume that qualifies it as a Jewish bank, which makes it evil. I think it should be pointed out that Hank Paulson, former CEO of Goldman Sachs who became Secretary of the Treasury under Bush, I believe deliberately allowed Lehman and Bear Stearns (two of the five main investment banks) […]
The Republicans have declared war on Trump simply because they fear that any outsider will cut them off from rolling in the perks. They have attacked Trump personally and have demonstrated that they are brain dead. This is no longer about Trump as an individual. They are simply ignoring why the people have voted for […]
The government is demanding Apple to create a program to hack phones under the excuse of “terrorism” as a threat to national security. The FBI in New York ordered Apple to unlock the phone of a local drug dealer, but Apple refused. On Monday, a federal magistrate judge in New York said no. Magistrate Judge […]
As we head into 2017, we are looking at the entire world coming undone at the seams. The year 2017 will be the political year from hell because the trend that is unfolding is global. The establishment Republicans are fighting for control of the party to ensure Trump does not get the nomination. Some even […]
Widespread polling booth and ballot malfunctions in several states bring into question the integrity of our voting system. By lunchtime on Super Tuesday, Election Protection, a nonpartisan coalition of groups that run election-day hotlines, said their hotline had received more than 1,000 calls. The majority of calls came from Alabama, Georgia, and Texas. Voters in Williamson County, Texas, […]
U.K. Prime Minister Tony Blair has recognized something that those in office either do not see or refuse to admit. Blair said at the Abu Dhabi conference that Donald Trump’s wins in the U.S. primary elections are disturbing for they illustrate that there is a rising popularity of insurgent political movements around the world. The mismanagement of decades […]
Moody’s lowered its outlook on China’s credit rating stable to negative. We have been warning that our models on China indicate that the bottom in the economy does not appear likely until 2020. This should be a 13-year contraction. So far, that forecast appears to be on target.
