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. […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 520.64 points or -1.79% to 28,545.68 Shanghai decreased 42.65 or -1.16% to 3,632.36 Hang Seng decreased 282.87 points or -1.20% to 23,192.63 ASX 200 increased 8.30 points or 0.11 to 7,304.00 Kospi increased 11.32 points or 0.38% to 3,017.73 SENSEX […]

While everyone argues over vaccines and who created COVID, all of these debates and questions dominate 99% of the online agenda. There is something SERIOUSLY mining and that simply the end goal and what is the motive. Some try to claim that there are dark forces hidden behind the images of Gates and Schwab. Some […]

The Federal Open Market Committee plans to taper its asset purchasing program by $30 billion per month. Starting in January, the central bank will begin buying $60 billion in bonds monthly, citing “inflation developments and the further improvement in the labor market.” As for interest rates, the Fed is considering as many as three rate […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 606.60 points or 2.13% to 29,066.32 Shanghai increased 27.39 or 0.75% to 3,675.02 Hang Seng increased 54.74 points or 0.23% to 23,475.50 ASX 200 decreased 31.40 points or -0.43 to 7,295.70 Kospi increased 17.02 points or 0.57% to 3,006.41 SENSEX […]

As I mentioned on the Private Blog yesterday, the Federal Reserve declared World War III in the financial markets as the European Central Bank (ECB) was on its knees groveling, “Please don’t raise rates.” The Bank of England (BoE) is in far better shape than the ECB, which is on the verge of collapse. The […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 27.08 points or 0.10% to 28,459.72 Shanghai decreased 13.89 or -0.38% to 3,647.63 Hang Seng decreased 215.19 points or -0.91% to 23,420.76 ASX 200 decreased 51.30 points or -0.70 to 7,327.10 Kospi increased 1.44 points or 0.05% to 2,989.39 SENSEX […]

ASIA: US Secretary of State Antony Blinken visited Indonesia on Tuesday to discuss the Indo-Pacific trade pact. Blinken accused China of “aggressive actions” in the South China Sea that could threaten over $3 trillion in annual commerce. “I am here, we are here, because what happens in the Indo-Pacific will, more than any other region, […]

ASIA: China, Myanmar, North Korea, and Bangladesh were hit with sanctions by the US on Friday after being accused of abusing human rights. The UK and Canada also imposed sanctions in retaliation for the human rights abuses in Myanmar. China’s Washing embassy called the sanctions a “serious interference in China’s internal affairs” and a “severe […]

ASIA:   The major Asian stock markets had a negative day today: NIKKEI 225 decreased 287.70 points or -1.00% to 28,433.77 Shanghai decreased 6.69 or -0.18% to 3,666.35 Hang Seng decreased 259.14 points or -1.07% to 23,995.72 ASX 200 decreased 31.00 points or -0.42 to 7,353.50 Kospi decreased 19.34 points or -0.64% to 3,010.23 SENSEX […]