Having seen a strong US close on the back of potential tax reforms sooner rather than later, Asia responded with positive returns across the board. Well, actually the Hang Seng closed with a small loss of -0.06% which almost felt like a gain. Obviously, after such a volatile week traders have squared books as much […]
The United States is now reviewing the Visa Waiver Program for the European Union. The entire problem has been the porous borders of Europe created by Merkel’s unilateral decision to accept refugees which was NEVER put to a vote for all of Europe. Brussels has simply been dictated by Merkel. Then, she imposed her unilateral […]
Critics gave former Vice President Al Gore grief for predicting in An Inconvenient Truth that major cities, including lower Manhattan, would be underwater if severe ice melt occurred. Now Gore is rewriting history to claim his prediction came true in promotion footage of his upcoming film, An Inconvenient Sequel: Truth to Power, which debuted at […]
John Redwood, a prominent and experienced Brexit MP, posted on his blog today (http://johnredwoodsdiary.com) about doing an interview on British Press: The BBC wants to change the news, not report it By JOHNREDWOOD | Published: APRIL 20, 2017 Yesterday I was phoned to be asked onto the BBC Radio 4 Today program this morning. They said […]
Financials, energy, and resources took Asian markets weaker early in the sessions but had reversed all by the close with only the Nikkei not managing a gain. The Yen lost a lot of momentum today having faded the 108.00 level and late this US evening plays around the 109.40 range. Data released from China has […]
Reuters is reporting that a lawsuit was just filed on Tuesday in federal court in Chicago seeking an injunction to stop Bose’s “wholesale disregard” for the privacy of customers who download its free Bose Connect app from Apple Inc or Google Play stores to their smartphones. The lawsuit alleges that Bose Corp spies on […]
The first round of the 2017 French presidential election is set to be held this coming Sunday on the 23rd of April 2017. Should no candidate win a majority, which is usually the case in France, a run-off election between the top two candidates will be held on May 7th, 2017. Macron and Le Pen […]
One of the greatest monetary experiments in financial history has been the global central bank buying of government debt. This has been touted as a form of “money printing” that was supposed to produce hyperinflation, which never materialized as predicted by the perpetual pessimists. Nevertheless, the total amount of Quantitative Easing (QE) adding up the […]
Most of the talk yesterday concerned Europe and specifically the UK’s snap election decision by the PM, Theresa May. In Asia, we saw the reaction to the news which resulted in most core indices closing lower on the day; with the only positive from core being the Nikkei, but even then only just! The Yen […]
The Democrats blast CEOs and the super rich always demonizing them for elections. They look at their perks and compare them to the average worker to incite class warfare for every election. However, the super rich have nothing on politicians. They can create foundations for tax free living like the Clintons, or rent yachts, like […]
