With the DOW having broken the psychological 20k level in early US trading and all the hype and coverage surrounding that, there really was only ever one direction planned for today. In the absence of any other significant market related news, Core Asia responded accordingly that saw both the Nikkei and the Hang Seng close […]
Link to download Saturday’s slides at end of video. NO SLIDES USED SUNDAY
The 2017 outlook report provides an overview of the world economy by connecting the dots. Included is a global table on the yearly level for all major world markets that includes 2016 closings, buy and sell signals for annual closings, trading prices (as of the completion of this report), resistance, support, and the historical high […]
We hope to see you at the 2017 World Economic Conferences in Orlando and Hong Kong. We will make an announcement once tickets are available for purchase.
Recent studies are discovering that each generation is becoming increasingly stupid. A study from Iceland has highlighted a downward spiral in human intelligence. The genetics firm in Reykjavik found that groups of genes that predispose people to spend more years in education became a little rarer in the country from 1910 to 1975. The sample size […]
Columbia University Economist Joseph Stiglitz says that the United States should phase out currency and move towards a digital economy. All of these people advocating such policies are ignorant of the real world and advocate total government control. Stiglitz told the World Economic Forum that there are “benefits that outweigh the cost.” He hailed India for […]
Of course, the left is focusing on how much the “rich” pay while ignoring the entire issue of taxes. When I debated Steve Forbes and Governor James Florio at Princeton University, it was the Democrat Florio who I turned. I simply said that the tax code borrowed from the poor and middle class, handed them […]
Having seen a strong cash performance in US markets has certainly helped sentiment flowing into Asia this morning. Aiding the +1.4% return seen in the Nikkei today was the Trade data release where the numbers were way better than expected (270bn forecast was released at 641.4bn). Interestingly, the JPY has not seen such volatility remaining […]
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While every story you read from the press is negative about Trump and one in every three California residents supports the withdrawal from the union, according to a new Reuters report, the stock market is pressing to new highs now that Trump is in office without being assassinated by Democrats who refuse to be American […]
