The Fed told Congress it would buy stocks if Congress allowed it. This statement has caused a lot of people to scratch their heads. Will this cause all the stock bears to rethink their prognostications of a major stock market crash? This was not even on the radar of most people. Some have reported this […]

The one thing that markets do not like is uncertainty and that is exactly what we have suffered from the past couple of days. Asia reacted to the Deutsche Bank news with heavy selling despite better than expected numbers from Japan and in late trading the futures have responded yet again. Having lost 1.9% in […]

  The markets have been coiling, and quite frankly, this reminds me of when Pope John Paul II was shot, which was the first attempted assassination of a pope, on Wednesday, May 13, 1981, in St. Peter’s Square in Vatican City. Mehmet Ali Ağca, a Muslim, shot and wounded the Pope while he was entering the square. It did […]

Once a politician, always a politician. They are just incapable of telling the truth. The New York Post, who may become the American version of the British Guardian, has now exposed that Obama used a fake name to communicate with Hillary on her private server because he KNEW what she was doing. While tens of thousands of Clinton’s emails […]

Many people have asked are we collapsing as did Rome? The answer is absolutely YES. Like Rome, the state always turns against its people as its need for money always expands. Like the Romans, we have lost our independence, our integrity, and our freedom. The world political economy is melting down before our eyes as […]

For the first time in history, the total private debt of the Canadian public has exceeded the total national Gross Domestic Product (GDP) after reaching 100.7%. This is significantly higher than in the United States, which has been declining since 2008. Household debt in the United States is now under 80% of GDP. Clearly, Canada’s […]

  With each peak in the Economic Confidence Model, a different sector becomes the focus. The peak in interest rates occurred on 1981.35 and was the peak of the Public Wave that followed the 1929.75 Private Wave. The Public Wave bottomed on 1985.65 during the summer of 1985. This event marked the birth of the current […]

QUESTION: Is there a correlation between the GDP rate and interest rate ? Best regards, BL ANSWER: No. What central bankers fail to take into consideration is that the interest rate is the OPPORTUNITY COST of money as reflected into the future. This is why interest rates naturally decline during a recession because of the future expectation of what […]

Asia was a mixed with a strong Hang Seng (+0.75%) an unchanged Nikkei and a slightly weaker Shanghai (-0.55%), which after yesterdays ECB Q+A session was actually very promising performance. However, it was not to last and as soon as Europe opened then the selling began. It started in the fixed-income markets but by afternoon […]

QUESTION: Marty; Why do you say your opinion is not worth much? You have been around for some time and you are the only analyst to have been behind the curtain. If anyone’s opinion carries any weight, it has to be yours. RJ ANSWER:Yes. Experience is everything. You cannot forecast something you have never seen, […]