The EU summit on Thursday ended illustrating the deep divisions and how the EU is collapsing. Poland has rejected the re-election of President Donald Tusk, who is Polish, for his autocratic leadership that refuses to look at the economic decline. Poland tried to block his election and this has led to a deep disagreement between […]

While Marine le Pen has reversed her position on introducing a new French franc saying she will set the rate at one-to-one to the euro and then allow it to float, whereas previously she said she would peg it to a basket of currencies. Meanwhile, we are looking at the collapse of the Fifth Republic formed […]

The EU is in serious trouble on all fronts. They are lashing out trying to maintain the supremacy of Brussels to dictate to the rest of Europe. Now the Polish MP Jacek Saryusz-Wolski has been threatened with expulsion for opposing the European Council President Donald Tusk, who is a believer in federalizing Europe by force. The […]

We are perhaps witnessing the political crisis of a life time. Our model has been projecting this crisis and I warned more than 20 years ago that the Democratic Party was in serious decline. Keep in mind that Trump effectively became a third party candidate within the Republican Party. So by no means is this […]

The weekend and overnight news surrounded Chinese growth downplay and the North Korean missile tests. The former certainly helped the Shanghai and Hang Seng market with closes of around +0.4% whilst the later hindered the Nikkei closing -0.5%. China Parliament opened at the weekend with the Premier Li calling growth target lower to around 6.5%, […]

Standard & Poor’s (S & P) is being touted as once again trying to influence political elections as they did in Britain without success. While the US Congress wants to investigate Russia trying to influence US elections, they should look at the US track record of influencing foreign elections by the CIA and also the […]

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 […]

COMMENT:  The Insanity of the EU Bureaucrats and the European Court of Justice (ECJ – The Vnuk Case Summary: In August 2007 Slovenian Damijan Vnuk working on a farm was injured when the farmer who was parking his tractor and trailer in a barn accidentally reversed into the ladder Vnuk was up on. Vnuk sued for […]

It was the speech that most claimed lacked substance that just did exactly what most thought it couldn’t – rally global stock markets. Yes, Japan’s Biz Cap-Ex released at 3.8% compared to the previous 1.3%; that woke markets, then Manufacturing PMI released a smidgen worse but when the JPY started to fall, everyone blamed Trump. […]

COMMENT: Marty; Some people are trying to claim that China in bypassing the Swift System, they are undermining the dollar. The latest absurd statement is that Japan will bypass the dollar and SWIFT System to transact using China’s CIPS system in inter-bank settlement. I really had to laugh at how ignorant this statement is for it […]