QUESTION: Marty, the Republican platform supports the return of Glass-Steagall. Is Trump for that? Thanks for all you do PL ANSWER: Yes. If there was anyone who would actually do that, it would be Trump. However, keep in mind the act would still have to get through Congress and the bankers would buy every vote […]
A reader from Austria sent this photo from Paznauner Taja Ischgl. It was snowing there on July 14. Unfortunately, we are heading into a global cooling period.
Data storage is rapidly shrinking. Now, a team of nanoscientists led by Sander Otte at Delft University of Technology in the Netherlands has just announced the densest method ever developed to store re-writable digital data. The method of moving around individual chlorine atoms on a flat sheet of copper can write a 1 kilobyte message at 500 terabits per square inch. […]
A volcano is coming to life just outside of Rome where the Pope’s summer villa sits. Castel Gandolfo is a town located 15 miles (24 kilometres) southeast of Rome in the Lazio region of Italy. An analysis of rocks from the region revealed a history of past volcanic eruptions whereby the volcano Colli Albani enters an eruptive phase […]
Those in the establishment are truly beside themselves. People like Jon Stewart are bashing Trump supporters saying, “You Don’t Own America,” which means only one thing — shut up and let the rest of us control government as we always have. The Trump supporters are the main backbone of America who have been ignored, lied to, and abused in […]
After months of controversy over the labor market reform that was designed to end excessive socialism in France, the French Government has bypassed the final vote in Parliament altogether. Given the resistance in his own camp, Hollande and the Prime Minister Manuel Valls in the National Assembly are using a special rule that allows them […]
QUESTION: Hello Martin, If i have exposure to various banking counterparties in europe – what do i do from running a fund mgmt business as i m a bearish on banks….but i cant shut my business as i m fearful of banks…..what do you advise….how can one hedge or think about getting away from this […]
Talk that the BOJ was preparing even more stimulus to be announced at next weeks central bank meeting certainly helped the Nikkei and also sentiment for most core Asian exchanges. After yesterdays 13% fall in Nintendo shares today was reasonably quiet closing just 0.8% higher on the day. The Shanghai and Hang Seng indices were […]
The European Central Bank (ECB) announced it will decide in the coming months whether monetary policy should be eased any further. Clearly, Draghi is completely losing control for he cannot entertain the remote possibility that negative interest rates will only cause hoarding and capital flight, and not stimulation. People only borrow when they see an […]
QUESTION: Marty; I see these people ranting about Trump and how outraged they are. They seem to have no problem with the outrageous amount of lies Hillary has carried out or the fact that the bankers only donated to Hillary. They seem to be mindless and beyond rational claiming he is proposing that we build a wall […]
