I have been hearing about the Obama Administration wiretapping and trying desperately to uncover links of Trump and Putin without success for months. Obama was desperate to blame the Russians for Hillary’s loss. I have warned that Obama’s OFA was circumventing state level Democrats. The rumor mill alleges that this was a Valerie Jarrett operation which was […]

Yen weakness continues to push the Nikkei, which helped the exporters but also the inflation outlook appears more positive. Todays CPI release was came in a smidgen better than the zero forecast at 0.1%, with National at 0.4%. In Shanghai and in the Hang Seng we saw declines ahead of Janet Yellen speech later in […]

I have warned that rates will rise BECAUSE the Federal Reserve will be criticized if they fail to do so when they are faced with a stock market that is rising. However, while one by one, several Fed officials have all signaled in recent days that the Fed is ready to resume raising interest rates […]

A few stories over the weekend from a potential vote for Scotland to a Le Pen victory could create a “worse than Lehman” moment. Asian equity mood and markets reacted to nervous weekend press as they watched the GBP lose 0.5% (before a mid-day bounce) and watched most core indices lose close to -1%. The […]

We can probably count on one thing – the people from Goldman Sachs advising Trump will most likely do what they always do – assume the manipulation and “influence” is all that is needed to change the trend in the dollar. Donald Trump’s top trade adviser Peter Navarro has hit out at Germany and accused the country […]

We saw another weak session today for stocks in Japan as the BOJ kept its position on monetary policy unchanged but selling pressure continued. The main concern remains centred around the US action for immigration despite the explanations offered. The USD lost its safe-haven bid with JPY strength resulting in a push closely breaching the […]

Chicago is where they dragged a man out of his car and beat him because he voted for Trump. Well, what’s going on at Hampshire certainly also gives us some pause. According to reliable sources there are some really serious issues brewing at this college. A group of Hampshire students took down the American flag on […]

We are all plagued by the abuse of these red-light cameras that just rack up money for companies and governments. The former chief executive of Chicago’s first red-light camera vendor was sentenced to 30 months in federal prison and over $2 million in restitution for paying bribes to a city official to help procure the […]

The release of Newsweek’s now famous Madam President before the election was decided is a mistake that is not intentional. “Dewey Defeats Truman” was another major mistake when the Chicago Daily Tribune on November 3, 1948, announced Truman lost to Dewey. The paper became famous when it was held up by Truman at a public appearance […]

Been a crazy day for many markets today but stocks have not really been one of them! Oil was the crazy sector today following yesterdays 7% price decline today we saw a healthy 9% appreciation on news OPEC plans a production cut. However, that was not until late European trading so lets just recap Asia […]