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.
The Central Bank of Australia, known as the Reserve Ban, has come out bluntly and stated that it is entirely possible that Australia will end physical notes and coins and move to digital currency. The Reserve Bank is joining a growing crowd of governments advocating electronic money to really increase tax collection.
Part of the collapse in confidence we are experiencing with government stems directly from the fact that politicians engage in far more criminal behavior than anyone in the corporate world. While bankers may manipulate markets to trade against clients, politicians just lie to keep their jobs. The fact that they are incapable of managing the […]
Trump took at least seven (possibly eight) states. Rubio won only Minnesota; Cruz won on religion, taking Texas and Oklahoma. If the people actually prevail, and that is a BIG “IF”, then it appears we will have Trump vs. Hillary. But the establishment Republicans do not appear to be willing to accept this result. Some […]
We did not elect any bullish reversals. March remains our Directional Change target and the Dow could not close above 16934 for February. Looking ahead, we see the weeks of 03/14 and 03/23 (array posted on the private blog for the Investor level). We have also not elected any Weekly Bullish Reversals. The 17000 level […]
The private blog is available to Socrates subscribers. Currently, the private blog is available on the homepage of the Investor level. Please note that the private blog is not available on the WEC Trader preview site at this time. Many people prefer us to keep certain information private that is specific to investing in a […]
Barclays shares in the UK have fallen 9% after it announced further restructuring, a dividend cut, and an 8% decline in statutory pre-tax profit. As part of the restructure, Barclays is looking to sell off its 62.3% holding in its African business. They followed the trend of commodities and now they are following that same trend […]
In Russia, an Islamic nanny beheaded a four-year old child that she was hired to take care of and paraded down the streets of Moscow with the child’s head. The nanny, Gyulchehra Bobokulova, from Uzbekistan has been arrested. She beheaded the little girl, Anastasia Meshcheryakova, who she was supposed to care for. Bobokulova was reportedly shouting, […]
