ASIA:   China’s annual consumer inflation rate accelerated in December, driven by rising food prices even as domestic demand wavered amid restrained economic activity. The consumer price index (CPI) in December was 1.8% higher than a year earlier, rising faster than the 1.6% annual gain seen in November, data from the National Bureau of Statistics […]

Elizabeth Warren’s Wealth Tax is now moving forward in the leftmost Democratic States – California, Connecticut, Hawaii, Illinois, Maryland, New York, and Washington state. Naturally, Pennsylvania, Delaware, and New Jersey are paying very close attention as they lick their lips at the thought of untold billions in new revenue to cover faltering government employee pension […]

    Last month, Jacinda Ardern confidently said bring it on. Schwab’s prize student progressive was confident about reelection. Even last January’s poll rating saw her drop to a new historic low of 35%. It appeared in December she was living in denial. But her polls were dragging down the party and there was no […]

We always hear that some high-profile case is always a giant Ponzi Scheme. As soon as you hear that, you know the charges are FAKE NEWS! Why, because the actual legal definition of a Ponzi Scheme means that there was “no legitimate business” and the entire thing was a fraud. By calling it a Ponzi […]

ASIA:   China’s central bank continued to inject funds into the financial system through open market operations on Wednesday. The People’s Bank of China said on its website that it has conducted 133 billion yuan ($19.67 billion) of seven-day reverse repos at an interest rate of 2 percent, and 447 billion yuan of 14-day reverse […]

Besides the Swiss government sending in 5,000 troops to guard Schwab, the other professional trade that besieges Davos are the prostitutes. In fact, they strongly advise that women should NOT attend Davos UNESCORTED because they will be taken to be a member of the guild. The 2016 Democratic National Convention was a presidential nominating convention, held at the Wells Fargo […]

For those who just read the news and believe whatever they report, in the industry, everyone talks all the time. If Madoff was losing billions trading, everyone would have known. It is one thing to have a portfolio of assets that itself collapses in value which would NOT involve trading. Such an event presents a […]

In writing the Greatest Bull Market in History, published in 1986, I had to do all the original research. I read all the newspapers daily year after year to come to the realization that attitudes shift back and forth. It became very obvious that before FDR and the introduction of Marxism to the United States, […]

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