Juan Manuel Merchan is a Colombian-born American judge and former prosecutor. Most curious, he is NOT a formal judge, he is ONLY an acting justice of the New York State Supreme Court in New York County. How did a former prosecutor  who is NOT a formal judge get assigned this case? This is not just […]

President Donald Trump                                                                                     March 19, 2020 White House 1600 Pennsylvania Ave, NW Washington, DC 20500   Dear Mr. President, As an economist with a proven track record, I have been called in by former presidents, world leaders, and central banks around the world during crises since 1985. I was summoned for help during […]

Former President Donald Trump was found guilty of 34 felony counts of falsifying business records, as a jury of 12 unanimously returned their verdict on May 30 after two days of deliberation. With this result, President Trump becomes the first ever American president to be convicted of a crime. Of course, he will appeal a […]

What completes a phase transition? Simple — capital inflow to the United States. For example, when oil was in the $10 range in 1998, we forecast that oil would rise to $100 by 2007.15. In court, the Department of Energy wanted us to develop a model, but Alan Cohen of Goldman Sachs blocked that project. […]

I discussed how the rising costs of childcare surpass the cost of rent by 25% to 50% across the United States. The cost of raising a child is directly reflected in the birth rate crisis we are seeing across the world. Another new phenomenon is permanently altering the family structure as a result of economics […]

In an interview on May 11, 2014, I explained on USAWatchdog that confidence always outweighs reality. “It’s basically what you believe. There have been all sorts of studies on fundamentals that say if interest rates go up, stocks go down.  It is simply not true.  The stock market has never peaked with interest rates twice in history.  […]

  I appeared on Russia Today over the weekend because it is important to show the Russian people that the West is not all hateful Neocons. However, the forecasts are NEVER my personal opinion. That is why so many governments turn to us. I do not tell them only what they want to hear. Ukraine […]

Biden Signed an Executive Order Granting the Entire World the Right to Vote in 2024 if their government is Labour/Left, except for China, Russia, North Korea, Iran, Texas, and Florida along with Men can just “identify” as women in sports to end discrimination. The Staff will write it up later.

  COMMENT: It is baffling why you are not on the front page of the WSJ, Barons, London FT, NY Times, and every financial newspaper claiming to be interested in markets. In the ’80s, when the Dow was 1,000, you forecast it would reach 6,000 by 1996. On the day of the 1987 low, you […]

Powell reiterated this week that he does not see any short-term need to lower interest rates. The Fed remains delicate in its speech to the public. They knew that inflation would continue rising due to various factors but had to say they were awaiting incoming data. The data is in for Q1 and nothing indicates […]