This morning in Asia markets were still playing off of the US ADP data and enjoying that its continues to support the recent bull run. Confidence was obvious in markets when the JPY traded back to 111.70 (losing its safe-haven bid) but then NFP’s were released. We’ll comment on this in the US session update […]

The president of Venezuela’s opposition-run Congress led by Julio Borges came out and accused Goldman Sachs of “aiding and abetting the country’s dictatorial regime” after a report that Goldman had bought $2.8 billion in bonds from the cash-strapped country at 31 cents on the dollar. They paid $865 million. There have been two months of opposition […]

QUESTION: First question: Disappointed I have not heard an opinion concerning OPEC’s continuation of reducing oil out put. Can the US shale drillers fill the void and or can the Canadian and Mexican producers ramp up any shortfall into the US Second Question: What is your opinion on the Chinese Yuan being pegged to the […]

QUESTION: Hi Martin,   Long time… perhaps you can reflect on the indicator of the Shiller CAPE ratio? Not that it is a predictive sell/buy signal in itself, but it is an indicator showing history R ANSWER: The Shiller Cyclically Adjusted PE Ratio known as CAPE,  is a particular PE ratio invented by Robert Shiller of […]

When I was a kid, most police were kind, respectful, and actually there to protect society. Sure, there was some towns that were just greedy. My father took a local post as a judge in Cinnaminson, New Jersey. It was the politicians who told him they want the maximum fine for everything. My father refused […]

QUESTION: Hi Martin, I am a long time reader and so appreciate your daily blogs, You have taught me so much about the global interconnectivity of markets and human nature of the “herd”.Thank you for your life dedication to the pursuit of Truth and justice. You are appreciated more than you know. My question is that […]

The Washington Post, New York  Times, and CNN, among others, are desperately trying to get rid of Trump to support the status quo, the deep state, and prevent any economic reform whatsoever. Jeff Bezos bought the Washington Post for $250 million and cut a deal with the CIA to build their cloud getting $600 million. […]

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: Marty you warned previously that an April high would have the potential to create an important temporary high with a decline into 2018 and then a slingshot up. Is that still a possibility? ANSWER: Yes. We have the S&P500 and the NASDAQ Composite making new highs but NOT the Dow. This raises some concern […]

  I have warned that whenever a government creates a solution to any crisis, that solution becomes the next crisis. This is what I have called the Paradox of Solution.The unfolding of the exit of the central banks from the Quantitative Easing monetary policy will become a much more serious threat to the financial markets than […]