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World Markets Weekend Update: China Bounces Back And Europe Takes A Dive

World Markets Weekend Update: China Bounces Back And Europe Takes A Dive

Five of the eight indexes on our world watch list posted gains over the past week, with China’s Hang Seng roaring back into its top-performer slot with a 2.44% advance following its -5.31% rout the week before. Japan’s Nikkei was a strong second with its 1.83% gain. The three European indexes were the week’s losers […]
Gold Extends Gains On Soft U.S. Data

Gold Extends Gains On Soft U.S. Data

Gold prices settled at $1224.25 per ounce, rising 2.9% over the course of the week, as investors pushed back bets on when the Federal Reserve will increase interest rates following a new batch of disappointing U.S. data. During Friday’s session, the XAU/USD pair initially pulled back to the 1214.50 – 1212 area, which the market […]
Latest Economic Trends: U.S., Eurozone, China

Latest Economic Trends: U.S., Eurozone, China

This was recently presented to a major wealth management group in New York City. Presentation
Is The Speculative Or The Precautionary Demand For Money More Important In Real World Capital Markets?

Is The Speculative Or The Precautionary Demand For Money More Important In Real World Capital Markets?

Fixing the Economists Article of the Week by Philip Pilkington In Keynes’ General Theory is is famously stated that the demand for money relies on three distinct functions. These are: the transactions demand for money; the precautionary demand for money; and the speculative demand for money. Or, more formally: M = Mt + Mp + Ms In […]
Greece To Face “Take It Or Leave It Offer” Just Like Cyprus

Greece To Face “Take It Or Leave It Offer” Just Like Cyprus

In March of 2013 the Troika gave Cyprus a “take it or leave it offer” that destroyed many savers who were foolish enough to keep money in Cypriot banks despite obvious troubles.  Given that Greece needs a third bailout, odds Greece receives a similar kind of offer increase every day. Last week Greece averted a […]
The Self-Employed Middle Class Hardly Exists Anymore

The Self-Employed Middle Class Hardly Exists Anymore

It’s sobering that in a nation of 317 million people (of which 145 million people file tax returns), only 3% of all those reporting income are self-employed people earning enough to support a middle class life without the additional income earned by a working spouse. Many people rightly aspire to improve their household’s state of […]
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                        What Multiple Should We Give China’s GDP Growth?

EC What Multiple Should We Give China’s GDP Growth?

Last week Derek Scissors, a think tank analysts at the American Enterprise Institute, published an article in which he referred to an October, 2014, study by Credit Suisse that attempts to measure total household wealth by region and by country. Scissors argues that in the interminable debate about whether or not China will overtake the US as the world’s […]
Presenting The $77 Billion P2P Bubble

Presenting The $77 Billion P2P Bubble

P2P lending is hot. Just ask Shanghai Duolun Industry, a Chinese real estate company that decided late last month it wanted to become a P2P lender instead. Last Monday, Shanghai Duolun officially became P2P Financial Information Service Co., and just like that, without ever having facilitated a single micro loan (or doing anything at all […]
The Debt To GDP Ratio For The Entire World: 286 Percent

The Debt To GDP Ratio For The Entire World: 286 Percent

Did you know that there is more than $28,000 of debt for every man, woman and child on the entire planet? And since close to 3 billion of those people survive on less than 2 dollars a day, your share of that debt is going to be much larger than that. If we took everything […]
3 Stocks You’ll Hear About On CNBC In 6 Months

3 Stocks You’ll Hear About On CNBC In 6 Months

Just having received great news about their products, these three companies are gearing up and in six months’ time, everyone is going to be talking about them. Luckily, you have the chance to invest in these companies before everyone else starts rushing in. It is good to be back in Miami after spending a week […]