Politicians are all the same no matter what country, color or religion. Once someone tastes power, it simply kills them to hand it back. In the little know West African country of Burkina Faso, protests were sparked by the government’s attempt to push a constitutional change through parliament to allow the 63-year-old President Blaise Compaore to seek […]

Reuters has published the result of what is being touted as the Ignorance Index. The one question as an example: “Guess how many U.S. girls aged 15-19 give birth each year. Go ahead, guess. If you calculated the number at 3 percent you’re correct; if you guessed 24 percent, you’re American.” I rarely watch TV. […]

QUESTION: Hi Martin, You talk quite a bit about deflation in your comments, especially in Europe.  Can I assume you’re referring to monetary deflation arising from a slowdown in the velocity of money?  Which I’m guessing stems from banks using the plentiful money that’s available to them to purchase government bonds, using 30-1 leverage (as instructed by […]

The Japan’s Government Pension Investment Fund (GPIF) is now set to change allocation increasing stocks and lowering the debt investment. They will allocate 25% for the NIKKEI and 35% for debt.

Obama is going down as perhaps the worst President in history. One would think he would be concerned about his personal reputation. Nobody wants him campaigning for them – they call Bill Clinton before Obama. In a rare appearance on the campaign trail on Sunday with a rally to support the Democratic candidate for governor […]

  Here is Thursday and we have broken back up to new highs on our cyclical models without electing a bullish reversal yesterday. Resistance stands at the 17195 level and a closing below 17000 today will imply that we have a high in place. Closing resistance will stand at 17010, 17143, and 17246. We need […]

Greek bonds were being sold again sharply today. The 10 year bond spreads to Germany are wider by 60 BP on the day! Rumors are always floating around and maybe we should just expect more intraday volatility; especially given that the chasing opposition SYRIZA party have been gaining steadily in recent polls! Brussels will only […]

British intelligence service has finally admitted that is seizing the information on people without any legal warrant or supervision. They are accessing raw material collected in bulk by the NSA in the USA and other foreign spy agencies without a warrant (reported the Guardian). What is really taking place is secret deals. It is illegal […]

The new trick the IRS has been doing is attacking small mom and pop businesses on a ROUTINE basis. The number of reports coming in from around the country are outrageous where small businesses deposit daily receipts under $10,000 kicks off their rule about what is known as “structuring” – depositing money under $10,000 or […]