A positive opening for the Nikkei, trading up +1% at the opening bell but sadly could not hold onto the gains and we eventually closed little changed on the day. The Hang Seng was the poor performer closing down almost 1% whilst Shanghai was a touch better. Asia really had little top topics but we […]
Well, when a politician refuses to admit she made a mistake, what do you do? You go all the way. Believe it or not, Germany is creating flirting courses to help refugee men get lucky. Yes, taxpayer money is now being used to get the refugees lucky with German girls. So if you thought you […]
Protests broke out in Greece over the weekend in Athens and the northern city of Thessaloniki. The government is yielding to Brussels and has not figured out that this policy is destroying its own people and their future. The government passed reforms that they hope will persuade lenders to release more financial aid. They are cutting […]
Political instability is rising in Saudi Arabia. The Saudi king has fired his longtime Secretary of Energy and the head of the central bank has been replaced. The royal family is now fighting to sustain power. The fall in the price of oil is having a political impact within the power structure of Saudi Arabia. Eventually, […]
It was a solid day all around the globe which was a little surprising given most markets backed away from yesterday’s gains late in the day. China’s data was marginal given what had been expected, but the positive momentum, strong oil, and a reviving commodity sector made everything feels sunny again. The Nikkei has recovered […]
We have issued a special report for the Euro & the US Dollar Index. A special report on the fate of the dollar and the euro is now available. This 61-page report provides the long-term view for the dollar and euro going into 2020. Since this key element is central to all other markets, this […]
Well, all the fools who believe in climate change/global warming will be ecstatic to know that they can help the planet through the new proposal from the United Nations and World Bank. These wonderful entities are now forecasting a shortage of water in places like the Middle East by 2050. The solution will be simple: they […]
While many are slamming Trump for suggesting that the U.S. buy back its debt for less than face value, the truth is that he is at least talking about the issue. When criticized by George Stephanopoulous, Trump responded, “You never know. At some point, they [China] might want to get out. Maybe they need their money, they might […]
Donald Trump named Chris Christie, the New Jersey governor, to lead his transition team as reported by the FT. This is rather important. No doubt, Christie would take the position of Attorney General should Trump win. But the real critical aspect here is that Christie was the ONLY candidate to tell the truth about Social Security. […]
