Credit card defaults in the US skyrocketed by 50% in the past year. Credit card defaults reached $46 billion in the first nine months of 2024, a level not seen since 2010. The cost of living has simply surpassed manageable levels for the majority of households. Americans are feeling the impact of inflation and compounding […]

No government agency will willingly surrender power once it is in their grasp. Every other nation has ONE REGULATORY body, yet the USA has the CFTC and the SEC, plus the Federal Reserve over banks. If you obey the laws of one, you go to jail with the other. This hurts American citizens, for they […]

QUESTION: Marty, is it possible we are witnessing the greatest financial trap to unsuspecting global citizens as they ‘build a digital prison’ as many opine OR is this the perfect monetary system that will give opportunity to impoverished nations to rise out of the ashes? We see kids, millenials to Gen X, buying it like […]

  COMMENT #1: Dear Martin, I listened to Joe Rogan’s podcast interview w/Marc Andreessen where Marc reported that the Biden administration has been secretly meeting with AI companies. Their message: “Don’t even bother starting AI companies. There will only be 2-3 approved companies, and we’ll control them completely.” It made me think of you and your […]

Janet Yellen will finally step down from her role as Treasury Secretary in January, leaving a massive mess for her replacement, Scott Bessent. The budget deficit surpassed $36 trillion under the Biden-Harris Administration, with Yellen touting that the US had an endless supply of funds to spend and imaginary success of Bidenomics. As head of […]

The Western Press is too ignorant to write a story with old-fashioned investigative journalism since they just regurgitate what the Neocons put out, pick up the rug, and look at the silence of Biden in both comment and action. Putin hit Dnipro with the equivalent of a nuclear weapon that pulverizes the target yet does […]

QUESTION: Are you ever wrong? PSH ANSWER: Personally, we are all wrong on various things in life. To be a trader, you only learn from your mistakes – not your victories. I try to separate what is my OPINION from the forecasts by the computer. We have clients around the world. We have probably been […]

APR fees on credit cards have never been higher, reaching an average of 24.92% as of September 2024 in the United States. In fact, credit card interest rates have not been beneath 10% since the early 90s. Consumer debt has never been higher and countless households have fallen into a snowball situation where they simply […]

Nine of the 12 Federal Reserve districts reported a decline in economic activity in August, up five districts from the July Beige Book report. Our system has warned that we are entering a period of stagflation, where inflation remains high but GDP declines. Now, the Fed is reporting that two-thirds of the US economy is […]

The U.S. economy added fewer-than-expected new jobs last month because most economists still refuse to comprehend that there is such a thing as the business cycle. Here we have the Economic Confidence Model I explained, which I discovered while researching at the Firestone Library at Princeton University. That is NOT included in Socrates, in which […]