Last year China sold over 28 million vehicles, more than any country in the world. China sold over 10 million more vehicles than the 17.6 million sold in the US. Of the 28 million vehicles sold in China in 2016, 507,000 were Zero Emission Vehicles (ZEV), which was a 53% increase from 2015. By contrast, […]

Generally, the well-known trading adage “Sell in May and go away” works, as long as you re-enter the market at the right time. This year however, the markets have been strong and are higher today than they were in May, driven primarily by the strong rally in July. As we can see on the Seasonality […]

Mariam Webster’s definition of Complacency:  marked by self-satisfaction especially when accompanied by unawareness of actual dangers or deficiencies :  marked by complacency :  self-satisfied a complacent smile The VIX volatility Index measures the market’s expectation of 30-day volatility. It is constructed using the implied volatilities of a wide range of S&P 500 index options. This […]

A few months ago, we highlighted how Illinois was broke and that it would soon be the first state to have a junk bond rating. After all, the state has gone over two years operating without a budget. The state is in shambles, running up $15 billion in unpaid bills, and according to CNN Money […]

Yes we will see oil at $100 again, and in fact, we will likely see oil at north of $200 in the next decade. But before we get there we are most likely to see oil in the $30 range. When the Fed started its Quantitative Easing (QE) program, they created an environment where oil […]

Q: I am a new subscriber and see that you have projected the S&P 500 to hit 3000 in 2018, how do you justify such a projection? A. We are currently in the middle of one of the biggest bull markets in history. Historically, before the top blows off a bull market there is a […]

There are many factors that affect the precious metal prices. There are basic supply and demand factors, such as demand for jewelry, electronic, and medical devices. Precious metals are also investments, often acting as a hedge against geopolitical events and a loss of confidence in government. Precious metal prices, like most commodities prices are also affected […]