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Antique Cars Still Bullish

A rare 1925 Bugatti Brescia sat untouched under a tarp in a small French barn. It was sold at auction bringing $951,216, setting a world record for Brescia models in the process against an expectation of $200,000. It appears the collectibles should rally still into September. read more

Market Talk – August 6, 2019

ASIA: The major Asian stock markets had a mixed day today: Shanghai decreased 43.94 points or -1.56% to 2,777.56 Kospi decreased 29.48 points or -1.51% to 1,917.50 ASX 200 decreased 162.20 points or -2.44% to 6,478.10 NIKKEI 225 decreased 134.98 points or -0.65% to 20,585.31 Hang Seng decreased 175.08 points or -0.67% to 25,976.24 SENSEX […] read more

No Economic Decline in Washington – EVER

  Housing in Washington never collapsed because it is supported by your tax dollars. Good or bad, the money flows to Washington. The very same hotel chain charges $200 in Philadelphia, $300 in New York City and $400 in Washington. It ain’t for the tourist. It’s for the sea of lobbyists. Since 2001, the president has […] read more

Market Talk – February 2nd, 2018

  It was expected to be a crazy fun-filled week and today has confirmed wild status! The Nikkei ended the session down 1% and saw the currency lose 1%. Guess they didn’t really have a direction provider having seen Wall Street whipsaw 200 points in either direction. The nerves are definitely being felt now, which […] read more

Market Talk – August 5, 2019

ASIA: The major Asian stock markets had a negative day today: Shanghai decreased 46.34 points or -1.62% to 2,821.50 Kospi decreased 51.15 points or -2.56% to 1,946.98 ASX 200 decreased 128.30 points or -1.90% to 6,640.30 NIKKEI 225 decreased 366.87 points or -1.74% to 20,720.29 Hang Seng decreased 767.26 points or -2.85% to 26,151.32 SENSEX […] read more

Snowden & Dropbox

Edward Snowden’s war against the usurpation of all privacy continues. In an interview by the Guardian on the subject of file storage, he warns the Dropbox, the cloud storage firm with over 200 million users, is “hostile to privacy,” and urged people to switch to what he calls more-secure storage of SpiderOak. Dropbox has added […] read more

Military Thinning Due to Mandate

The Marine Corps reportedly discharged 103 Marines for not taking the mRNA vaccine. The highest refusal rate among the military branches, 10,000 Marines may now be discharged from the service. Around 5,700 Air Force and Space Force troops are not vaccinated.  Over 6,200 Army troops have received temporary exemptions, but 3,900 remain unvaccinated. The Navy […] read more

The War on Cash

The “War on Cash” is heating up. Louisiana has outlawed paying cash for second hand goods, under the pretense that criminals sell stolen goods for cash. France outlawed paying more than €1000 for anything, and you cannot get more than €200 from an ATM. JP Morgan Chase is outlawing storing cash in a safety deposit box. Most […] read more

Market Talk – December 16, 2021

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 606.60 points or 2.13% to 29,066.32 Shanghai increased 27.39 or 0.75% to 3,675.02 Hang Seng increased 54.74 points or 0.23% to 23,475.50 ASX 200 decreased 31.40 points or -0.43 to 7,295.70 Kospi increased 17.02 points or 0.57% to 3,006.41 SENSEX […] read more

Trump’s China Tweet

Trump wrote on Twitter over the weekend that tariffs on $200 billion in Chinese goods could rise to 25%. He said that a 25% tariff will soon be assigned to a selection of $325 billion in presently untaxed goods. The tweet sent the Dow Jones Industrial Average down sharply while the yield on the 10-year […] read more