COMMENT FROM A REAL ESTATE BROKER IN NYC ON RENTAL MARKET: Equity Residential is demanding 40 to 45% increases on lease renewals. On one floor in particular, units have had to tolerate unending noise, smoke, etc from a neighbor. There is a security guard on that floor. In the 70’s and 80’s key money was […]

China has asked the Fed to please not raise rates. This has confused many to wonder when China would be asking the Fed not to raise rates. The real reason is the crisis we have in emerging markets and the Sovereign Debt Crisis. Emerging Markets are one of the main victims of tightening US monetary […]

ASIA: The Bank of Japan has shifted its view on inflation risk for the first time since 2014, driving the yen lower as a nation that has battled deflation for decades faces the mounting pressure of price rises in food and energy. Despite the historic change of view, the BoJ made no change to its […]

The annual New York Coin show auctions set some unbelievable records this year. This beautiful Dekadrachm of Syracuse which last year would have sold for $50,000, brought $132,000. Another Dekadrachm signed by the artist Kimon estimated at $60,000 sold for $252,000. Granted, this was a famous coin that was part of the J.P. Morgan collection […]

QUESTION: Marty, you have said that when the currency collapses, all tangible things become money in a barter sense. I believe you were talking about the collapse of hyperinflation in Germany. Has that been consistent throughout history? Thank you for a fantastic WEC PK ANSWER: Oh, absolutely. This is the standard reaction within society. You […]

There is a confrontation in the wind. Sergei Ryabkov, Russia’s deputy foreign minister and special negotiator in the US-Russia talks in Geneva, bluntly states that NATO can no longer “push” Russia to a minor role in European and international politics. NATO must return to the borders of 1997. Russia is blaming the US for the […]

ASIA: Singapore’s economy expanded at its fastest annual pace in over a decade in 2021 as the country emerged from its worst recession on record, caused by the deep hit to activity from the coronavirus pandemic. The Singapore economy grew 7.2% in 2021, preliminary data showed on Monday, broadly in line with the government’s official […]

Big Pharma’s reach is more extensive than most understand. The video above shows some of Pfizer’s many sponsorships, a subtle nod to the billions of dollars the pharmaceutical companies spend every year to convince you to buy their products. The government has made Big Pharma’s job easier than ever by forcing citizens to take vaccines […]

ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 392.70 points or 1.37% to 29,069.16 Shanghai increased 14.14 points or 0.39% to 3,630.11 Hang Seng increased 56.80 points or 0.24% to 23,280.56 ASX 200 closed Kospi increased 20.69 points or 0.69% to 3,020.24 SENSEX increased 477.24 points or 0.83% […]

QUESTION: Marty; would you comment on David Stockman’s insistence that the fundamental consequence of 30 years of Fed-fueled financial asset inflation is that the prices of stocks and bonds have way overshot the mark. Thank you HW ANSWER: David Stockman was the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan. […]