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 […]

This was recently presented to a major wealth management group in New York City. Presentation

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 […]

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 […]

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 […]