Markets breathed a sigh of relief yesterday, having heard US trade tariffs may well be targeted rather than blanket and this lifted both US and global indices. We saw a 1.5% return from the Hang Seng as energy, resources, financials and real estate sectors all helping to recover ground lost earlier in the week. […]
We have sent out emails to those who attended last year’s WEC to allow you to purchase tickets before they are open to the general public since we sell out this event every year. We are trying to reduce the size. Those who are interested in attending may purchase their tickets in advance. They will […]
The Latvian Financial Supervisory Authority is concerned announcing a resolution plan for the crisis bank ABLV that is threatening a contagion risk of further closures of financial institutions in the country with a predominantly foreign customer base. There is a serious risk of a contagion unfolding that will also force consolidation and mergers in […]
The man who is killing the Euro as a viable currency is none other than Donald Franciszek Tusk who is a Polish politician who has been the President of the European Council since 2014. He is the living example why politicians MUST be prohibited from making any decisions whatsoever regarding economics and finance. These people have […]
The drop in the market yesterday was widely attributed to Gary Cohn resigning from the Trump Administration over his tariff policy. That must be a real shock because Gary Cohn has resigned as White House chief economic advisor. The press attributes Cohn’s planned departure comes on the heels of a decision by President Donald Trump […]
Private Blog – Dow for March 7th, 2018 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.
Gary Cohn’s resignation, although highly rumoured yesterday, was to have a negative effect on all markets once confirmed. The Asian indices held in initially, but only to fade into the close. The Shanghai core traded in positive territory for much of the day with the decline almost restricted to the final 30 minutes of trading. […]
COMMENT: When Government turns on its own citizens. Good day, Martin; This climate change movement here in Ontario, Canada has gone too far. Construction of windmills in a small farming area has contaminated 16 residential water wells with that destroyed the pumps and piping that feed water to farms rendering property values to almost nothing. Driving […]
COMMENT: Hey Marty, With regard to South Africa reclaiming farmers land. Capetown is in severe drought conditions, the water there will be shut off to its 4 million residents on May 11, this is being referred to as “day zero”, Rich and poor will then have to stand in line for their water rations. Not surprising […]
Asia was very happy to see the US markets rally yesterday and responded with a strong performance themselves. News that the fear of trade wars may have faded helped sentiment and confidence. The Nikkei and the Hang Seng both added 2% which also pushed the Yen back out to the mid 106’s. This currency […]
