President Obama’s half-brother, Malik Obama, has come out in support of Donald Trump. He says he is unhappy with his brother’s leadership. Malik was Obama’s best-man at his wedding and has visited him in the White House. Nonetheless, Malik has come out and said Trump’s position against Muslims coming in to the United States was understandable, […]
More talk that the expected that the Japanese stimulus package could exceed the JPY 20tln and could even be as large as 28tln boosted the Nikkei and sent the Yen back to 104.50 level. Rumours have been circulating for a while and even yesterday stories were that the package would only be a fraction worried the market yesterday resulting in the 1.4% loss. […]
When is a stimulus not a stimulus? Talk in Japan that the eagerly awaited stimulus may not be enough (combined with some nervous profit-taking) produced a 1.4% decline in the Nikkei today. At the same time, the JPY saw the flight to quality and rallied over 1%; last seen trading mid 104. The contrast to […]
The European banking crisis is spreading rapidly. There are now concerns in Italy and in Portugal as well. The ECB cannot even understand why people would not want to keep their money in banks with negative rates. They are simply incapable of managing the economy. The ECB is bringing Europe to the brink of a […]
Goldman Sachs has been sued for $510 million in New York State Court, which is at least more viable than federal court. The case is Primus Pacific Partners I LP v Goldman Sachs Group Inc et al, New York State Supreme Court, New York County, No. 653885/2016. A shareholder of one of its former clients is suing […]
Support for Hillary continues to collapse. Wall Street’s previous expectation was that Hillary would win. That was the opinion of about 80% of the people on Wall Street. That has now crashed to 52%. As Hillary’s email scandal gets worse and worse, and the DNC email scandal adds to the fire, the opinions are starting […]
Obama has come out and blamed Russia for hacking the DNC. This, of course, is a diversion to create sympathy for Hillary and change the top of fraud, lies, and conspiracy against Bernie. WikiLeaks founder Julian Assange has responded by saying that “there is no proof whatsoever” that Russian intelligence is behind the thousands of hacked […]
The WikiLeaks release of the Democratic National Committee’s emails and documents have confirmed what has always been self-evidence to those behind the curtain — Hillary does not represent the people, she represents those who give her big money. Hillary takes money from the Wall Street guys and does their bidding. That is why the Clintons […]
The hacking of the Democratic Party has been an eye-opener. WikiLeaks dumped a massive load of e-mails from the Democratic National Committee onto the web on Friday. The thousands of internal e-mails have shown how crooked the party has become and revealed that a party official tried to use Bernie Sanders’ supposed religious beliefs to derail his presidential campaign […]
The hacker group Guccifer has released another batch of documents from the Democratic National Committee’s servers. The top-20 personal individuals donating to Hillary are mostly hedge fund and Hollywood titans: Haim & Cheryl Saban $10 million (financial services, entertainment, and media) George Soros $7 million (hedge fund) James Simons $7 million (hedge fund) JB & […]
