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 & […]
The tension between China and Taiwan has been going on for decades. Historically, the Republic of China was a state established in East Asia from 1912 to 1949 on mainland China, which included Mongolia and Taiwan. It was preceded by the last imperial dynasty of China, the Qing dynasty, which was the last royal dynasty […]
Did $78 billion in gold exports from South Africa really go missing? Nope. As taxes rise, so does trade misinvoicing. This confusing term is actually a method for moving money across borders, primarily to avoid taxes. The Global Financial Integrity Group claims that $465.3 billion was underreported in 2004. They argue that this figure rose to just over $1,090.1 […]
