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Market Talk – December 12, 2022

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 58.68 points or -0.21% to 27,842.33 Shanghai decreased 27.91 points or -0.87% to 3,179.04 Hang Seng decreased 437.24 points or -2.20% to 19,463.63 Kospi decreased 16.02 points or -0.67% to 2,373.02 ASX 200 decreased 32.40 points or -0.45% to 7,180.80 […]

Market Talk – December 9, 2022

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 326.58 points or 1.18% to 27,901.01 Shanghai increased 9.60 points or 0.30% to 3,206.95 Hang Seng increased 450.64 points or 2.32% to 19,900.87 Kospi increased 17.96 points or 0.76% to 2,389.04 ASX 200 increased 37.70 points or 0.53% to 7,213.20 […]

Market Talk – December 8, 2022

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 111.97 points or -0.40% to 27,574.43 Shanghai decreased 2.27 points or -0.07% to 3,197.35 Hang Seng increased 635.41 points or 3.38% to 19,450.23 Kospi decreased 11.73 points or -0.49% to 2,371.08 ASX 200 decreased 53.90 points or -0.75% to 7,175.50 […]

Flirting With the End Times?

QUESTION: You have said you have backtested your ECM into ancient times. Have these cycles been consistent? Have you arrived at a conclusion as to why? Thank you. It was a great WEC. I for one always lean a lot. EL ANSWER: Yes, I have reconstructed the monetary system of the world using the coinage […]

Market Talk – December 7, 2022

  ASIA:   The major Asian stock markets had a negative day today: NIKKEI 225 decreased 199.47 points or -0.72% to 27,686.40 Shanghai decreased 12.91 points or -0.40% to 3,199.62 Hang Seng decreased 626.36 points or -3.22% to 18,814.82 Kospi decreased 10.35 points or -0.43% to 2,382.81 ASX 200 decreased 61.90 points or -0.85% to […]

Futility of Price Controls

COMMENT FROM HUNGARY: Dear Marty, You were correct again. Price controls do not work in the long run. The Hungarian government introduced a price cap on gasoline and diesel a few months ago, but a few hours ago this evening they had to let it go(they “tried everything in their power to help but the […]

Market Talk – December 6, 2022

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 65.47 points or 0.24% to 27,885.87 Shanghai increased 0.72 points or 0.02% to 3,212.53 Hang Seng decreased 77.11 points or -0.40% to 19,441.18 Kospi decreased 26.16 points or -1.08% to 2,393.16 ASX 200 decreased 34.30 points or -0.47% to 7,291.30 […]

Europe’s Leadership – Pure Insanity

Europe is trying to impose a cap on Russian oil at $60 a barrel. Russian authorities rejected a price cap and threatened to stop supplying the nations that endorsed it. Australia, Britain, Canada, Japan, the United States and the 27-nation European Union agreed to cap what they would pay for Russian oil at $60-per-barrel. The […]

Market Talk – December 5, 2022

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 42.50 points or 0.15% to 27,820.40 Shanghai increased 55.67 points or 1.76% to 3,211.81 Hang Seng increased 842.94 points or 4.51% to 19,518.29 Kospi decreased 15.01 points or -0.62% to 2,419.32 ASX 200 increased 24.10 points or 0.33% to 7,325.60 […]

Trading v Forecasts

COMMENT: Marty; you should not be so hard on yourself. Nobody has tried harder than you to alter the outcome. Socrates is just unbeatable. I shared your hope that gold would have just cracked $1000 and that would have been a sling-sot up. But it stopped at $1045 and the reversals were elected and that […]