The ECB is living itself in La La Land. It is demanding that British Banks wishing to do business inside the Eurozone after BREXIT must obtain a license. While this is the same type of requirement for any foreign bank seeking to do business in the USA, the idea that the ECB wants to make […]
Yen weakness continues to push the Nikkei, which helped the exporters but also the inflation outlook appears more positive. Todays CPI release was came in a smidgen better than the zero forecast at 0.1%, with National at 0.4%. In Shanghai and in the Hang Seng we saw declines ahead of Janet Yellen speech later in […]
I have warned that rates will rise BECAUSE the Federal Reserve will be criticized if they fail to do so when they are faced with a stock market that is rising. However, while one by one, several Fed officials have all signaled in recent days that the Fed is ready to resume raising interest rates […]
The singer Lana Del Rey is attempting to use witchcraft to remove Donald Trump from the Presidency. She Tweeted: “At the stroke of midnight, Feb 24, March 26, April 24, May 23… Ingredients can be found online.” The cryptic message is all about witchcraft. These dates line-up with the ‘waning crescent moon ritual dates’, which are the […]
The Oscars has plummeted in viewership. The Academy of Motion Picture Arts and Sciences’ was criticized last year for failing to nominate any minority actors for the second consecutive year. The whole thing has become political and Hollywood has assumed its importance is far more than what its industry simply was – entertainment. This year, […]
There are at lot of professional traders who really lack the in-depth knowledge of the historical track record of how markets really trade because they have not traded something like this which is similar to 195 blast-off or the bull market into 1929. This is a special type of market and it requires real research […]
The euphoria seen in the states followed on into Asia with the Nikkei returning almost 1% in today’s trading. The mood did not want to change from Wednesday, leading traders to think that many have finally thrown in the towel and are accepting that we are moving higher. The strange thing is the odds move […]
The EU Parliament voted to impose visas on all Americans forcing them to apply for visas to travel to Europe for business or tourism because Washington requires visas for Europeans coming from five EU countries (Bulgaria, Croatia, Cyprus, Poland and Romania). So while the world criticizes Trump for vetting people from certain Middle Eastern countries, […]
The EU Dream of creating a federalized Europe is collapsing. The immigration crisis was created by Merkel solely for he personal popularity was collapsing due to her hard stance against Greece. The Eurozone is collapsing and Brussels still refuses to recognize that they have gone too far beyond a mere trade union trying to create […]
