The Commerce Department’s Bureau of Economic Analysis (BEA) released its first estimate for US GDP in Q1, a 0.3% decline annually. The decline was mainly due to a sharp 41% uptick in imports as they are subtracted when calculating the final GDP figure. Pharmaceutical goods, medicines and vitamins, computers and parts drove imports in the […]

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QUESTION: Marty, Socrates seems to be pointing to a C$ bounce. Does this imply that Carney will lose, or does it mean the bounce will be brief on his nonsense and then turn south? RE   ANSWER: The only hope that Carney has is a coalition. Comparing the Conservatives to the Liberals in Canada provides […]

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QUESTION #1: Okay, you forecast that Pope Francis would last 12 to 13 years into 2025 and that he would not be the last Pope under the prophecy of Saint Malachy, who was said to have forecasted that there would be only 112 more popes before the Last Judgment. Some said he was the 112th […]

QUESTION: How come nobody in Trump’s team can not explain to Trump that the Trade War with China will push the rates up? It looks very logical to me that if you are aggressive to China, they will continue to sell off bonds, and the sale of USA bonds will push rates higher. If they […]