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Month: November 2025

Tariffs – Legal or not to Be

The President cannot unilaterally impose tariffs on antique objects (over 100 years old) if Congress has expressly exempted them. But there are narrow exceptions...

Hating the Dollar – Nearly a 60 Year Tradition

QUESTION: Marty, I want to thank you for the WEC. It was the best one I have ever attended. I loved your comment on the perpetual dollar bears since the 1970s and...

Asteroid 2032 – 2024 YR4

Everything will crash and burn in 2032. A client approached me at the latest World Economic Conference to ask if the asteroid heading for Earth in 2032 could...

Black Friday Shoppers Prepared to Take on Debt

Retailers are predicting a slight decline in Black Friday/Cyber Monday sales, an early indication of holiday-season spending and Q4 sales. Total sales in the US...

Australian Senator Banned for Burqa Protest

In the first image, you see an Australian MP wearing a burqa in Parliament to debate banning the burqa for women.In the second image, it’s me and my friend, two...

PRIVATE BLOG – Why Trump is Wrong on Interest Rates

PRIVATE BLOG – Why Trump is Wrong on Interest Rates Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn...

Happy Thanksgiving

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Potential Proxy War in Venezuela

No one blinked when Venezuela declared itself at war with the US. President Trump said he would not bother declaring a war against the drug cartels, opting to...

Will Powell Finish His Term?

Donald Trump sees the economy through the lens of a borrower. He does not understand the perspective of lenders, no less the central bank. Trump recently mocked...

Jobs and Rates – Down and Up

The Bureau of Labor Statistics will release its delayed jobs report on December 16, nearly a week after the Federal Open Market Committee meets to discuss rates....