A lot of e-mails are coming in from people who are asking to join in for the IPO of Socrates. A few companies have now offered to buy in and pay for an accelerated...
Back in May of 2013, Paul Krugman said there was no bubble in bonds. Now he is back saying that debt is good and there is not enough of it. So just what is...
Asian shares are still struggling on Wednesday as it begins to dawn on investors that the Chinese economy really is slowing. The implication for that is more...
The closing of the Dow at 15666.44 was below support at 15824.73. Additional support lies at 15176.26 and a closing beneath that level will warn of a break down to...
Dennis Lockhart, President of Federal Reserve Bank of Atlanta, stuck to his guns late Monday by stating that he still expects the Fed to raise short-term interest...
COMMENT: I carefully read through all your missives you had sent over the weekend, highlighting the importance of Monday for the Dow, and the levels given. You...
The Asian contagion that began in Shanghai has now decoupled, leaving Monday the 24th as the low in Europe; it is expected to be the same in the States. A three-day...
I keep telling people that the central bank of China is far more professional than any other central bank. When I was invited there during the Asian Crisis, I was...
The world share markets remain volatile yet should begin to stabilize now showing tentative signs that the panic of Monday is starting to subside. The reported...
In the Dow, we can see that Energy bottomed out so we have a counter-trend at work right now. We do have a pair of Daily Bearish Reversals at 14769. We continue to...