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Market Talk – January 22, 2021

ASIA: Barring another wave of COVID-19 infections, the worst is over for India’s economy and policymakers may soon have more room to support a recovery, the central bank said in its January bulletin released on Thursday. The RBI slashed interest rates early last year to cushion the shock from the coronavirus crisis, but has left […]

No Taxation Without Reform

QUESTION: In your opinion, how serious is the idea of taxing unrealized capital gains? That would sure make the decision a lot clearer for big money on where to park. 3% in China sure beats big taxes in the Dow. Unless big money doesn’t trust China. DS ANSWER: I seriously doubt that they will do […]

The Confusion & the 180-Degree Turn

The market will come to a decision probably in Feb/March about just how crazy Biden will get. The greatest fear is they will pump up the numbers of COVID to justify a national lockdown following the WHO and Europe which is really all about crushing the economy for the purpose of Build Back Better green. […]

NY to Lose Financial Capital of US to Miami?

The first financial capital of the United States was Philadelphia. A walk down Chestnut street and you will see all the old banks which have been turned into mostly restaurants. That was the home of the Bank of the United States which Andrew Jackson was intent on destroying. But Philadelphia continued to be the financial […]

Market Talk – January 21, 2021

ASIA: The Bank of Japan kept monetary policy steady on Thursday and revised its economic forecast for the next fiscal year, signaling that it has delivered sufficient stimulus, for now, to cushion the blow from the COVID-19 pandemic, Reuters reported. As widely expected, the central bank kept unchanged its target for short-term interest rates at […]

Are The Democrats Really in a Bear Market?

QUESTION: You say that the Democratic Party is on the decline but it would appear to be the exact opposite. The GOP proved to be traitors when they turned against Trump, and many people I know have said they will never vote Republican again. Also, now that the Democrats are able to rig elections and […]

Conspiracies & Emotional Depression

  COMMENT #1: I understand and appreciate your skepticism about conspiracies. However, before the covid attack and the sell off in the stock market last March, you did not believe in conspiracy theories at all. You thought the world was run by stupid people and they were incapable of doing anything like what we are witnessing. […]

QAnon & The Conspiracy Craziness

COMMENT: Well, you seem to be the only one who is real. The army was supposed to come to the rescue. Trump was to be sworn in by 11AM. Trump was supposed to have signed this Insurrection Act and they said their sources said this is not a drill. This event seems to have separated […]

Market Talk – January 20, 2021

ASIA: Alibaba Group founder Jack Ma has made his first appearance since Chinese regulators cracked down on his business empire. The billionaire met 100 rural teachers in China via a video meeting on Wednesday, according to local government media. The Chinese government slapped sanctions on former Secretary of State Mike Pompeo, former National Security Adviser […]

The Enslavement of Fear

QUESTION: I just can’t understand why the military armed forces and secret intelligence services all agree with the Marxist left.  Why? MG ANSWER: Make no mistake about it. The left seeks to enslave everyone out of fear. The mass of the military, military establishment, and the intelligence services want war. They do not want peace. […]