Mario Draghi, extended the European Central Bank (ECB) $ 1.74 trillion bond purchase program to support the economy by nine months to at least the end of December 2017. This is far longer than most economists had expected. However, the monthly volume of currently €80 billion euros will drop to €60 billion euros from April 2017 […]
We are witnessing what a Private Wave is all about. The Italian Referendum came in on point with the NO vote at 59.4% against 40.6%. Our model is now four for four with BREXIT, Trump, Hollande in France exiting the election, and now Italy. We will see the same defeat for Merkel. What politicians do […]
Our computer has been doing a fantastic job forecasting BREXIT, then Trump and that Hollande would not make the final round for elections in France. But why are these events even important? No it is not that Trump will save the day. He will perhaps help give the USA some breathing room. But the collapse […]
Last July, Hungary’s polls showed that the people will NOT accept more refugees. Hungary’s Premier Viktor Orban was told his nation could be kicked out “forever” after “seriously” breaching basic values of the EU. He built a razor-wire fence along Hungary’s southern border to keep migrants out and even told Brussels to help Christian refugees before Muslims. He […]
In a very large demonstration against the planned constitutional referendum in Italy to take place on December 4th, 2016, the demonstrations are turning into riots. Hundreds of protesters threw smoke bombs, stones, and fireworks on policemen, who in turn used batons to beat the people. According to Italian media, one person was injured. The demonstrators tried to reach […]
Believe it of not, France is now imposing a 10k speed limit for those riding bicycles. They are using radar guns to ticket riders. When governments need money, they are very imaginative on how to come up with new ways to fine people to get their pound of flesh.
The Italian Prime Minister is calling for immediate help with the refugees. The EU refugee crisis is becoming a huge nightmare and Brussels refuses to simply admit it has made a bad decision. Italy is overwhelmed by the influx of refugees and is now calling for a fresh review. Italy cannot cope with a similar number of […]
The European banks are in much worse shape than their US competition. The reason being argued in Europe is that the US government imposed a ban on speculation after the financial crisis. However, that was imposed on September 19, 2008, and it ended on October 9, 2008. But some Europeans claim that is why US banks survived and want […]
COMMENT: Marty; I can’t make it to Orlando. I waited too long to book and you are sold out. But I wanted to let you know your forecast that the Schengen Agreement would die is spot on as you say. The travel between Denmark and Sweden requires an id check because Sweden took too many terrorists […]
