The French GAFA tax is an acronym for Google, Apple, Facebook and Amazon which the French government has just passed. They are imposing a 3% tax on all business in France. The US has promised retaliation. This is part of the entire problem the world faces with trade. A lot of people talk about trade […]

They are calling it an unexpected contraction in Singapore’s economy which is in line with our Economic Confidence Model which bottoms in January 2020. In addition, China’s exports have also declined by 1.3% during June. Gross domestic product in export-reliant Singapore declined by a shocking 3.4% in the second quarter from the previous three months. […]

We are facing a serious collapse in government that appears to be shaping up on the horizon beginning 2021/2022. Take the city of Chicago for example. The city is buried under a mountain of city employee pension debt and it’s impossible to see how their city could possibly survive. There will be a major financial […]

QUESTION: Your correlations about the weather have been very interesting. What I understand is that as the climate has shifted into solar minimum, the weather gets more volatile with colder winters and spike heat waves in summer that decline in duration. Then for some reason, this is also the same period when volcanoes become more […]

ASIA / AUSTRALIA: The G20 is set up to be interesting, as the US negotiators describe Chinese officials tone as negative. Tomorrow, the two heads of states are due to meet. President Trump was a bit more optimistic stating, “At a minimum, it will be productive,” referring to his meeting tomorrow with Chinese President Xi. […]

QUESTION: Hi Marty, Mini AOC sure is funny isn’t she? Here is a tax story for you. I’m considering a summer sublet in Sedona AZ, and while I tried to sell all my CA property by the end of last year – well long story short I am still a landlord out here. So I […]

COMMENT: I was just reading your post, Universal Basic Income, and I feel the need to respond. I have always worked, always found whatever work I could. I have worked on market stalls and also on installation of Active Directory in a government institution. I managed to graduate with honours from uni. I am now […]

ASIA / AUSTRALIA: The Chinese foreign minister has stated that they will “not allow” the G20 to discuss matters regarding Hong Kong. Recently, Hong Kong overruled a previous ruling that allowed Chinese extradition. Over the weekend, Chinese Vice Commerce Minister Wang Shouwen requested that the U.S. stop their inappropriate tariffs and actions against Chinese companies. […]

QUESTION: Chicago real estate- is there any future before 2032 or do we hope for a Detroit situation as the only possibility for prices to rise? Thank you! Bob ANSWER: Real estate will rise marginally but only when we see the shift from public to private. However, that will not be a rally in real […]

ASIA / AUSTRALIA: News emanating out of China states big tech firms are planning to move production out of China. This comes around after Huawei just failed to launch their new laptop. This was a first time a Huawei product failed to launch since the trade war began. An Apple partner, Foxconn Technology Group, said […]