The left-wing Syriza Party of Greece is starting to question what Prime Minister Alexis Tsipras is up to. Merkel is demanding austerity FIRST before any loans. Additional murmurings behind the curtain claim that Merkel wants a list of all assets owned by Greece. If Merkel thinks that she can seize Greek assets upon a default, she is […]

Only an hour into this morning’s trading and the news broke of the possible Greek Deal. Bunds were hit hard (down over 170 tics) and BTP’s (Italian Govt. Bonds) rallied 2 full points, pushing all peripheral spreads tighter. Greek 2yr Govt. Bond traded down 600bp to 23.75%. Equities loved the news and have been in […]

The EU is simply self-destructive. There was no way to merge all these economies together without debt consolidation from the outset. The euro will collapse and break apart. Brussels is just brain-dead for they cannot force austerity upon the rest of Europe with the upcoming economic decline. Talks at an EU Summit with Greece collapsed. […]

The global warming pseudo-scientists are desperately trying to keep their funding. Now these con artists are trying to claim that that the oceans’ surface water is cooling and below the water is warming. Those who stop driving to work, opting to walk or ride a bicycle instead, are perhaps speaking at least of what they […]

Alexis Tsipras, Prime Minister of Greece, has sold his country out to the failed ideas of the euro. There is no possible way for this deal to work for it will bring only more austerity to Greece that will continue to grind its economy to a halt. Raising taxes will not create jobs and it […]

The renewed compromised has, in the eyes of the market, already been accepted and everything is back to normal and all is forgotten! Well, that is certainly how the markets have reacted today after the new austerity news broke. Of course this too will fail as the economy turns down and these politicians, who always view […]

I reported that we sold my mother’s house in one week. I too follow our model. The bounce in real estate into 2015.75 seems to be unfolding on time. What will make the peak is a rise in taxes. You have Chicago looking to raise taxes by 30%. Even in Texas there are growing protests over tax increases everywhere […]

Why is Donald Trump #2 in the polls? This very interesting trend illustrates what our computer has been forecasting for 2016. While Trump is inside the Republican Party, he is acting like a Third Party candidate. He is rising in the polls because of his stance on illegal aliens. That is a common problem everywhere […]

This is the end of an era. The Chicago trading pits have closed after 167 years. What is a shame about this is that great traders need the “feel” and you just do not get that from looking at flashing screens. It is like playing chess against a great opponent vs. the computer or flying […]

On Wednesday, China’s Securities Finance Corporation — known as CSF — announced that it will lend billions to big Chinese brokerage firms so they can buy more stocks. The goal is to purchase enough shares that stock prices stop plunging. These measures have resulted in a positive performance for the Chinese market (+5.8% on the day) […]