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Market Talk- December 21, 2018

Another weak close for US markets and again, that sentiment just rolled into Asia and the mood was set for the day. Japan took the brunt as stocks lost another 1%...

PRIVATE BLOG – Dow & Euro for 12/21/2018

PRIVATE BLOG – Dow & Euro for 12/21/2018  Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

The New French Revolution?

France is now preparing to use chemical weapons against its own citizens around Paris to counter-attack the Yellow Vest rioters as their anti-Macron protests...

The Fed Relies Indirectly on the Banks & Cannot Stimulate the Economy Directly

QUESTION: Hello, Since the Fed ‘created’ ‘money’ after 2008 that was then deposited back at the Fed by the recipient banks ( say,75% of...

Romania BET Crashes over EU Austerity Tax Increases

I have been warning that raising taxes is DEFLATIONARY because you are reducing the net disposable income. Governments simply cannot get that through their head. In...

Belgium – After Nearly 2 years Without a Government – Charles Michel Resigns

CLARIFICATION ON Charles Michel Prime Minister Charles Michel’s coalition collapsed because it signed the United Nations agreement that has become a cause...

US Share Market Meltdown?

Everything is still on track for a pullback. The Dow Jones Industrial Average closed at a 14-month low on Thursday, the second consecutive day of sell-offs after...

PRIVATE BLOG – US Share Market Collapse

PRIVATE BLOG – US Share Market Collapse  Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

Happy Belated Hanukkah

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Market Talk- December 20, 2018

The Federal Reserve raising the 25bp was pretty much expected throughout, with a few possible outlier exceptions. However, it was not really the hike that spooked...