Biden sent a letter to fellow Democrats, appearing to dig his heels in. I do not think any speculation concerning Biden graciously stepping down before the Republican Convention is wishful thinking. This will play out at the convention in August. The big donors are bailing out, and that will decide the question. “The question of […]

Over the past few weeks, as we head into the presidential election, Project 2025 has come up in more and more conversations. “If we vote for Trump, that means we are supporting Project 2025. If we vote Biden, we are in support of going to war and innocent lives being taken.” It has been non-stop […]

Dow   “The Dow Hits First Target 40,000 – What’s Next?” (2024) “Dow Passes Record-Breaking 40,000 Midday – Jan 2020 Forecast Comes to Fruition” (2024) “The Dow Breaks Out to New High Closing” (2024) “A Look Back At Socrates’ Forecasts from January 2020” (2024) “Gold & the Dow Rally Together?” (2023) “The Dow Bounce & […]

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 […]

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  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 […]

The Dow surpassed 40,000 during midday trading for the very first time this Thursday. In a January 2020 interview with Andrew McCreath from BNN Bloomberg I explained that the Dow was heading up. The video was posted with the headline “DOW 40,000” and everyone dismissed my forecast as if it were my own personal opinion. […]