This contest between Islam and Christianity is primarily at the elite level. The bulk of those in Turkey do not support the idea of returning to the days of old. Of course, both Hitler and Napoleon dreamed about resurrecting the Roman Empire. By no means did this same dream infect the general population. These types […]

  While the GOP elite are doing everything they can to make sure Hillary beats Trump just to hold on to their power base, the real business community that creates jobs, not the bankers and multinationals, are excited about Trump’s tax plan to reduce corporate taxes to 15%. es that is what I testified before […]

Are we headed into a new age of Islam v Christianity? What people do not grasp is that the first panic in our list of panics from which I derived the Economic Confidence Model was 1683. That was the invasion of the Ottoman Empire directly against Vienna, which was the seat of the Holy Roman […]

The Nikkei (cash market) had a lot to recover having just returned but recover it did. The early bounce was pulled back then the Friday afternoon recovery took over and we closed just off the days highs (+1.2%). China’s Industrial Output was expected at 6.1% but came in a little short at 6% which did […]

We have certainly embarked down the road of a police state. Federal agencies are tracking people who travel on trains and in the air. If someone buys a ticket for cash, the government is notified. They are looking for the slightest thing. I went to the airport to pick up a friend who comes over […]

QUESTION: Hi Martin: Thanks for your blog entries and daily market talk. Question: are the arrays independent of the outcomes of the USA election outcome? If they aren’t, what does Socrates forecast with each candidate winning? Thank you. DA ANSWER: There is absolutely no human input whatsoever. Everything is within the system. The arrays are not […]

Yet another rather uneventful session made even worse by the fact that Japan had a national holiday. Early trading in the Shanghai tended to follow the weak US sentiment but despite flipping in both directions, eventually closed down but above the psychological 3k level. Hang Seng performed well and it could be said took a […]

The elections are just insane. There is not much of a choice and nobody who really knows anything about anything is willing to stand for election. Those with experience will take a cabinet job for the sole perk of being able to sell their stock all tax-free and then resign in two years. Not bad. […]

  A weaker opening for the Nikkei was off-set by better than expect economic data (Machine Orders) by lunchtime. The majority of the afternoon trading was in the positive but eventually closed small down. Many are concerned that the JPY may attempt a summer break of the 100 level which has the tendency to weigh […]

  Consolidation was the name of the game in the morning session for Japan, which dealers were happy to see especially after yesterdays prestigious run. Hang Seng had a rather subdued day with very little change for them today. In Shanghai, once the market saw the unchanged CPI and the better than expected PPI, bulls […]