History is being rewritten all the time for the timeline of the past is far from definitive. Ancient Roman Coins issued under Constantine I the Great have been excavated from the ruins of a castle in Uruma, located in Okinawa Prefecture., This is the first such discovery made in Japan of Roman coins. Four copper coins […]
Sears, Roebuck & Co. is an American department store that was founded by Richard Warren Sears and Alvah Curtis Roebuck back in 1886. It was based originally in Chicago and it gave birth to the mail order industry. It was the Amazon of the 19th century. Sears issued catalogs that were distributed throughout the country […]
The Fed told Congress it would buy stocks if Congress allowed it. This statement has caused a lot of people to scratch their heads. Will this cause all the stock bears to rethink their prognostications of a major stock market crash? This was not even on the radar of most people. Some have reported this […]
CNBC came out and said it is breaking its non-endorsement policy to say Trump is unfit. While the press should never endorse anyone, this election is revealing just how corrupt the press really is. They are conspiring against the people, if not the entire world, to maintain politics as-is. Yahoo reported, “Getty Images Investor Howard Marks […]
The one thing that markets do not like is uncertainty and that is exactly what we have suffered from the past couple of days. Asia reacted to the Deutsche Bank news with heavy selling despite better than expected numbers from Japan and in late trading the futures have responded yet again. Having lost 1.9% in […]
COMMENT: Well Marty, I guess you are right and the lunatic fringe who said the world would end today and the dollar would crash all because the IMF would include the yuan of China in the SDR failed. These people always bad mouth you, but they are never right. Looks like the Dow is […]
QUESTION: I am a great admirer of your Socrates model, but there’s one thing in your personal pronouncements that seem to contain a contradiction. On the one hand you are predicting a decline of the U.S.A. and other western economies, mainly caused by excessive government interference in the economy. However, on the other hand you […]
The Hillary Clinton email scandal never ends. In all reality, one has to really question why Democrats are allowing her to run as their candidate. They seem to be making a choice between being a Democrat and being an American. Hillary’s email practices will not go away because most reasonable people know that you do […]
Private health insurance in Germany now faces a massive contribution increase in 2017 of more than 11%. Add to this the banking crisis and we will start to see the core economy in Europe turn down really hard. This will impact about 9 million people who are privately insured. The industry needs the money, which they could […]
What was initially a healthy start to the day following a strong Asian session all that changed mid-afternoon when reports about Deutsche Bank hit screens yet again. So, rather than me recapping the whole day lets just concentrate on the final few hours where all the excitement accorded. The rumours hit the trading floors that a […]
