Blog/BRITAIN

Britain’s Chancellor of the Exchequer Revolts Against Merkel & Draghi

The new British Finance Minister Philip Hammond was appointed as Chancellor of the Exchequer on July 13, 2016. Hammond is a welcome relief and has come out openly [...]

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May Becomes PM in Britain & Boris Becomes Foreign Secretary

Theresa May became the new Prime Minister of Britain on Wednesday and formally met with the Queen to ask permission to lead her government. May is now embracing [...]

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British Pound – After BREXIT

The British pound panic is subsiding and now it is time to retest resistance. Our Monthly Bearish Reversal stands overhead at 13660, so expect this to be the [...]

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Governments Keep Their Fingers Crossed

We must face the fact that we are in a slowing global economy and governments simply have their fingers crossed in hopes this nightmare just corrects itself. There [...]

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Banks Trying to Figure Out What Lies Ahead

The big US banks — JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, and Morgan Stanley — have large operations employing tens of thousands of people [...]

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Standard Life Suspends Their Property Fund

Standard Life suspended trading in its UK property fund after reducing the value of the fund by writing down the value of property by 5%. This set off a wave if [...]

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Nigel Farage Resigns as Head of UKIP

It is a shame, but Nigel Farage is standing down as the leader of the UK Independence Party. Nigel came from the real world and never desired to be a career [...]

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Declining Pound Savior of Britain

QUESTION: Marty It looks like Carney and Osborne are talking the pound down in order to frighten people. Only one of their prophesies have come true – the [...]

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BREXIT – Reader Sent This One In

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Can Rating Agencies be Trusted?

COMMENT: The manipulations of S&P indicate that these clowns’ output should be printed on absorbent paper. The point is exactly that this company and its [...]

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