The correction has begun with the uneasiness of the two political scandals surrounding Trump – Russian meeting and now a Comey memo saying Trump asked him to kill the investigation into Flyn. The first is not really an issue legally, but the second could fuel the quest to impeach Trump which is really led by […]

QUESTION: Martin; it seems the Emerging Markets are back in favor just as interest rates are on the rise and their dollar borrowings have exploded. Is this the final bubble that is unfolding? When the WSJ writes about a trend it is usually the end. They are noting that significant flows of funds are now […]

QUESTION: I very much look forward to reading your blog every day and feel that I am learning much. I don’t know much about BitCoin but I note that it has almost doubled since the beginning of the year. Does your model have any insight into the future of cryptocurrencies like BitCoin. MR ANSWER: The problem […]

Governor Jerry Brown never saw a problem that could not be solved by just raising more taxes. This time, the state pension fund is going broke as we have been warning with the building Pension Crisis thanks to mismanagement and low interest rates championed by Larry Summers. California has already increased its gasoline tax by 50% […]

Angela Merkel was the first phone call Emmanuel Macron made after the election.  My point about the election for Macron would be the worst possible outcome for the Euro was not just reflected in yesterday’s outside reversal to the downside. Merkel has already made it clear that she will not relax Eurozone spending rules to […]

Believe it or not, the California Politicians & Regulators just spend all their time trying to figure out how to tax something new for they will never reform, it’s always give me more. California wants to collect taxes from space transportation companies based upon, get this, a formula of how frequent a company launches spacecrafts out of […]

COMMENT: Hi Marty, The hunt for taxes is really getting out of control. I enjoyed a week of vacation in Italy and on my way back home I had a few hours to kill in Milan. So i decided to spend some time in the City center of Milan before leaving from Linate airport. I […]

The American Health Care Act (HR 1628) finally passed by the House yesterday reducing taxes on the American people by over $1 trillion. The bill abolishes the most abusive taxes imposed by Obama and the Democrat party back in 2010 known as Obamacare. The Democrats helped the insurance companies and burdened the youth trying to […]

COMMENT: Martin, OK, so I don’t follow major media at all.  However, there was a link to a story from the Washington Post on Google.  Silly me–I followed it.  There, in white letters on a black background was the WP’s logo and motto:  “Democracy dies in darkness”. And there you have it:  They told the […]

Andreas Schieder (born 1969) is the parliamentary head of Austrian Chancellor Christian Kern’s Social Democrats. He is a typical career politician since 1997 and the very type of person who has no idea about the world economy no less human nature. He is a highly dangerous bureaucrat who only looks at people like cattle from […]