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EU Downgraded to NEGATIVE by Standard & Poor’s

Standard & Poor’s 500 Index has lowered the credit outlook for the EU as a whole to NEGATIVE. SPIEGEL Online reported, in addition to the new aid for...

IMF says Yuan is not Ready for Prime Time

The IMF has taken the position that it should put off any move to add the yuan to its Special Drawing Rights currency basket until September 2016. This seems to...

Thank You for the Pictures

  Thank you for sending copies of all the photos people took after “The Forecaster” premiere. They are greatly appreciated. I always like to retain...

Market Talk – August 4, 2015

None of the core Asian Equity Indices managed to trade in positive territory today: Nikkei (down 0.19%), Shanghai (-1.12%), and HSI (-0.92%). We saw weakness again...

Gold & the Commodity DEFLATIONARY Wave

Gold remains extremely weak. We need a daily closing above 1108 to say the low is temporarily in place and a bounce back up is possible. The 1080 level is critical...

The ECM Date October 1 = Fiscal Year-End

Congress kicked the can down the road to precisely the ECM target date. This is when the government will go into shutdown mode. There is a greater than 50/50 chance...

NSA: A Tax & Economics Espionage Agency

Anyone who thinks this is about terrorism is pathetically naive. The NSA is a top-notch Tax & Economic Espionage (TEE) organization; with terrorism so low...

Oil & BIG BANG – the Government Funding Crisis on a Global Scale

Saudi Arabia pumped a record 10.564 million barrels per day in June, showing that as prices decline, a record level of production is unfolding. Governments in the...

Merkel to Run Again in 2017

Reuters is reporting that Merkel has decided to run for election once again in 2017. The longstanding joke in Germany is that either she will have to die while in...

“The Forecaster” U.S. Debut on August 1, 2015 in Cherry Hill, NJ

I want to thank everyone who came to “The Forecaster” screening at the AMC Theater in Cherry Hill, NJ. It was also a special night for my family to be able to...