The US Department of State is considering the implementation of a refugee program to allow US citizens to accept refugees from abroad at their own expense. Interested parties would have to pay for airfare and provide accommodation and meals for the refugees. According to the head of the Refugee Council USA, Naomi Steinberg, the planning […]
American banks would rather return to the USA than strengthen their activities in the Eurozone. The U.S. banks, overall, now expect the EU to simply disintegrate. Brussels is not about to surrender its dream and is clinging to life as it slowly dies. The general view now is that the European banks are reaching the point of […]
Asia saw a mixed session with the Nikkei and Hang Seng lower whilst Shanghai rallied. The mood certainly appears heavy the past few days but more through uncertainty than actual news although we did see Chinese exports decline it did not halt the Shanghai’s performance. The impact of China’s data on European markets was evident […]
The Russian press is now reporting that the Russian Defense Ministry intends to turn the Crimean peninsula into an impregnable fortress. It will be not only a military outpost of Russia in the Black Sea region, but also be able to defend themselves, even when cut off from the mainland. Russia is now deploying a […]
COMMENT: You are certainly correct, the money hunt is escalating and it’s becoming ridiculous. I deal with it on a daily basis in the office. What a bunch of fools. J REPLY: This hunt for money is costing business vast amounts of resources and reducing world trade. In banks and brokerage, the back office typically now employs […]
The Republican Party is in self-destruct mode. Even the most recent polls show that 76% of Republicans think the party is hopelessly divided. This is clearly the result of the career politicians who prefer Hillary and the status-quo to any outsider coming in to upset the apple cart. This is a very serious development, for […]
QUESTION: Hi Marty, I have a question for you on the movement of the financial capital. Is there a reason it moved to NY (as apposed to VA, MA, or MD) in 1914? Also is it possible to predict what region in china it will move to, or can we just assume it will move to […]
Well, of course not. NOBODY is willing to run for office that you would say is truly qualified. The other crazy aspect is that people really think electing a president could change something. Hillary is the corrupt politician gone wild. Not that she is the only one by far. She is just the poster-child for everything […]
We are planning to launch Socrates hopefully with the WEC in November. Because of the constant problems with PayPal getting fined for various things from deceptive practices to allowing money to be transferred to people on sanction lists, the response back has been excessive scrutiny to the point of absurdity. PayPal is also not accepted […]
Another weak session for the Nikkei despite a brief run at the psychological 17k mark just ahead of lunch. However, it wasn’t to be and the sentiment from a weak US session finally penetrated what euphoria there was and eventually saw the Nikkei close around 1% lower on the day. In mainland China the Peoples […]
