November 2025

The President cannot unilaterally impose tariffs on antique objects (over 100 years old) if Congress has expressly exempted them. But there are narrow exceptions where a president might temporarily override tariff exemptions, depending on the statutory authority Congress has delegated (e.g., national security statutes like Section 232, emergency powers, sanctions, or trade remedies related to […]

QUESTION: Marty, I want to thank you for the WEC. It was the best one I have ever attended. I loved your comment on the perpetual dollar bears since the 1970s and how they have been consistently wrong. I find it curious when someone like __ ___ knows you are, then talks about the fourth

Everything will crash and burn in 2032. A client approached me at the latest World Economic Conference to ask if the asteroid heading for Earth in 2032 could potentially become the catalyst for the global event our computer has been forecasting. Back in 2013, asteroid 2013 TV135 was briefly flagged with a tiny probability of

Retailers are predicting a slight decline in Black Friday/Cyber Monday sales, an early indication of holiday-season spending and Q4 sales. Total sales in the US alone are expected to exceed $1 trillion, with growth between 3.7% and 4.2%, a bit beneath last year’s 4.8% growth. However, individual shoppers are expected to spend 4% less. Dive

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No one blinked when Venezuela declared itself at war with the US. President Trump said he would not bother declaring a war against the drug cartels, opting to simply kill any potential smugglers. Venezuelan President Nicolas Maduro was labeled a terrorist by US intelligence agencies this week. The West showed no concern over the matter,

Donald Trump sees the economy through the lens of a borrower. He does not understand the perspective of lenders, no less the central bank. Trump recently mocked that Federal Reserve Chairman Jerome Powell had “some real mental problems” and is “grossly incompetent.” Treasury Secretary Scott Bessent came forward on Tuesday and said there is a

The Bureau of Labor Statistics will release its delayed jobs report on December 16, nearly a week after the Federal Open Market Committee meets to discuss rates. The latest ADP data suggest that payrolls are continuing to contract. Private companies have shed an average of 13,500 employees per week over the past four weeks. The