QUESTION: Hello Martin, every day I read your blog. Today was about All Roads Lead to the Dollar and manipulation: First you say that the system cannot be manipulated: (“the system, which is crumbling before our eyes, cannot be manipulated. This is why BREXIT, Trump, and now Hollande in France are stepping out and Italy […]
The Nikkei closed today at its highest level for the year which included a well behaved Yen. Closing up +268 points (+1.45%) certainly puts it in good shape for the year end rally. Shanghai and Hang Seng were mutually off-set (+0.2%/-0.2%) with many just waiting for the ECB rate decision and being led by the […]
Government is on the verge of completely destroying the economy all because those in power are incapable of managing even a bubblegum machine. Local cities are desperate for money as their own pensions keep moving closer to collapsing. Instead of dealing with the problem, of course, they always choose to just tax the stupid people. Pasadena […]
COMMENT: I love your site and read your blog daily – thank you! Regarding the polls, I have a friend who lives in San Diego, CA. She and I spoke just before the election and she said that for the past week to ten days, she had been receiving several calls every evening asking how […]
TIME managing editor Nancy Gibbs wrote the essay naming Trump the Person of the Year. “So which is it this year: Better or worse? The challenge for Donald Trump is how profoundly the country disagrees about the answer.” TIME had ran a piece titled: Here’s Why Newspaper Endorsements May Matter This Year. Of course, they were […]
We tend to assume that the freedom of movement is confined solely to migration and travel. There are four aspects to the freedom of movement, and migration or travel is only one. Yes, we warned that the Schengen Agreement would come to an end and the European refugee crisis has enabled that decline. We warned that this agreement, […]
We are all plagued by the abuse of these red-light cameras that just rack up money for companies and governments. The former chief executive of Chicago’s first red-light camera vendor was sentenced to 30 months in federal prison and over $2 million in restitution for paying bribes to a city official to help procure the […]
Asia was encouraged by the wests acceptance of the Italian vote and especially the Euro’s strength. Bouncing off of the key 105 levels has created a triple bottom which, if breaks, propels the market lower. we were already aware of the Nikkei’s performance through the futures contract and so cash opening created the days highs […]
QUESTION: Marty, at the cocktail party you said you did not see the far-right in Austria winning for it was not the same. Then you got pulled off. Just wondering what was different in Austria? Thank you for the conference. Don’t know where you get the energy from. RP ANSWER: Cyclically, Austria was not […]
