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Democrats in Civil War Against Obama’s OFA?

Of course the brainwashed Democrats send in emails saying Obama is not behind the shenanigans of civil unrest. They just prefer to blame everyone but themselves and live in their little bubble world. They are totally unaware that the Democrats are themselves experiencing an internal civil war and it is the state level Democrats that […]

Market Talk- February 16, 2017

It was a mixed story in Asia today with the Nikkei still cooling after its recent performance, but given Toshiba’s performance, -3.5% again today – having missed its publishing deadline, certainly did not help confidence. The Nikkei ended the session down almost 0.5%, but we do have the Tankan to be released later this evening; […]

Trump v 9th Circuit

QUESTION: You said Trump should concede that his immigration order does not apply to people already with green cards and visas. Your position seems to be practical. Was the order properly written and interpreted? Thanks PY ANSWER: The order was not written by anyone who understands Constitutional Law in my “opinion” for it should have […]

Market Talk – January 30, 2017

Asian markets were weaker today with many Traders explaining that the reason for the market jitters was around President Trumps immigration policy and the consequent rally in the safe-haven currencies such as US Dollar and the Japanese Yen. The Nikkei lost around -0.50% despite the fact that volumes were heavily reduced with many of the […]

Trump’s Tax Reduction Follows John F. Kennedy Approach

Of course, the left is focusing on how much the “rich” pay while ignoring the entire issue of taxes. When I debated Steve Forbes and Governor James Florio at Princeton University, it was the Democrat Florio who I turned. I simply said that the tax code borrowed from the poor and middle class, handed them […]

The Effort to Undermine Trump Continues

What is getting really interesting is just how desperate many in Washington seem to be about Trump. It seems they are really concerned that he will cut off the gravy train in Washington. Even the Republicans hoped they could train him, fearing that his ban on lobbying for five years could be a deathblow to […]

Market Talk – January 9, 2017

The demand for safe-haven JPY returned with a vengeance today even though Japan was on a national holiday (Coming of Age Day) but in the futures markets the Nikkei lost almost 1.3%. The Yen traded stronger all day and in late US trading was seen slightly under the 116 level. Both the Shanghai and Hang […]

Forecasting Economic Numbers – Do They Matter?

QUESTION:  Hi Martin, You have mentioned on numerous occasions, that the Socrates has inputs from around the world to come to very accurate conclusions. I assume, it has plenty data from within the USA as well. Can it also predict the NFP? ADP?. (few days BEFORE.) Don ANSWER: We have put in such information from […]

Everything is Connected – Connecting the Dots

Trying to understand forecasting will be critical as we move forward. The HUGE turning point appears to be 2018 and that is most likely when things will start to come unglued. How do I even make such a statement? This is not a claim that I make based upon some gut feeling. I arrive at […]

What Type of Government Should We Strive For?

Some ask why I only criticize the left and not the right. As the Guardian wrote, the left is on the rise. There are 50 shades between left and right. If we are talking about the 1%, that is really small business, for that begins at $250,000 annual income. Everyone confuses the 1% with the “super-rich” who are […]