Most of the talk in Asia surrounded the Hang Seng and the new highs seen since last summer. The index rallied over 1% in todays trading led by energy and petrochemical stocks as Shanghai rebounded after recent losses. As the deleveraging within the mainland continues the HSI rally has benefited. HSI has climbed nearly 13% […]
Angela Merkel was the first phone call Emmanuel Macron made after the election. My point about the election for Macron would be the worst possible outcome for the Euro was not just reflected in yesterday’s outside reversal to the downside. Merkel has already made it clear that she will not relax Eurozone spending rules to […]
The view that BREXIT is a creating uncertainty in Europe with the swell of populism, the demand for dollar denominated debt has been strong over the past year. This has led to more debt being racked up at a faster pace than ever in US dollars among emerging markets, which stood at about 50% of […]
The Fate of Gold after the French Elections Note: Access to the Private Blog is through Socrates Standard Level $14.99 per month
Private Blog – Euro in Aftermath of French Elections Note: Access to the Private Blog is through Socrates Standard Level $14.99 per month
The world keeps changing and the credit card companies regard subscriptions to be high risk for apparently some small operations charged a subscription and then closed their doors. The credit card companies had to refund the money. So their new criteria is monthly payments. We had to revise our entire system to comply with […]
With Japan returning to the market place after the three day Golden Week holidays and the seeming calming settlement for Europe after the Macron win in France the Nikkei returned +2.3% in todays trading. Early Asian trading saw the Euro move into the 110 handle but could not hold gains even for the Asian close. All the talk […]
QUESTION: Hi, I’ve read your blog for a couple of months now and it clearly opened my eyes. But I’m wondering if I’m getting crazy now.. I can see a pattern between rising Chinese yields (despite weaker growth), parked Chinese money in the Canadian & Australian housing bubble, plunging commodities (very bad for Australian and […]
QUESTION: Mr. Armstrong; Why is the Swiss Central Bank buying American equities? On the one hand you would think it is manipulation, but on the other, why manipulate the US share market? Any clue since you have met with them directly? LW ANSWER: I wrote about that explaining that the central banks have been buying […]
Macron won about 65% to Le Pen 35%. Even Obama came out in support of Macron which obviously confirms Macron is the supporter of the establishment – not change. The bias of the global press is clear in their labels. They label Emmanuel Macron as the “independent centrist” and Marine Le Pen as the “far-right” as […]
