There’s never a shortage of pundits and TV talking heads who are willing to tell you what stocks and bonds are going to do next. They use fundamental and technical analyses to chart and explain every wiggle in stock prices all day long. But, what about currencies? There are far fewer experts who are
We’ve had some good news on North Korea lately. As of last October, the U.S. and North Korea were on a definite path to war. Beginning with a thaw in relations around the time of the Olympics last February, the situation has improved to the point where President Trump and North Korean leader Kim Jong
At the end of 2017, the historic Trump tax bill made it through Congress and was signed into law by President Trump. The new law cuts taxes on individuals and corporations, increases the standard deduction, provides incentives for multinational corporations to bring offshore earnings back home and creates other incentives for business investment. The impact
Will the Saudis Try to Drive Down Oil Prices?
Most readers are familiar with the hyperinflation that plagued the German Weimar Republic in 1922–23. The hyperinflation actually began as early as 1919 in the aftermath of the First World War (1914–18) and the Treaty of Versailles (1919), which established reparations by Germany based on its responsibility for starting the war. 1922 and 1923 were
When I conduct market predicative analytics, I use four branches of science: complexity theory, Bayes’ rule, behavioral psychology and history. None of these disciplines is widely used on Wall Street, which seems wedded to obsolete methods such as value at risk, efficient-markets hypothesis and the normal distribution of market moves as reflected in the bell
When investors think of famous billionaires, like hedge fund kings Steve Cohen and Ray Dalio among others, they think of their success trading stocks, bonds, currencies and derivatives. That may be how they made their money in the first place, but what do they do to preserve wealth once they have the money? I’m personally
