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Market Talk – Close of Week May 13, 2016

May 14, 2016

A disappointing end of the week for core Asian equity markets. The Nikkei opened firmer but by mid-morning had started to crumble as profit-taking and a firmer JPY weighed on prices. We eventually closed the day down 1.4% with Hang Seng not far behind (-1%. The Shanghai index tried desperately to hold on to gains […]

German Study: USA is the Top Tax Haven in the World

May 14, 2016

A new study by the Green Party in Germany places the USA at the top of the list of tax havens for foreign investors. They have highlighted the key states in their study. I have written about this before. The strong capital flows coming into the USA from overseas have been stunning, to say the least. Some […]

World Economy Melting Down

May 14, 2016

QUESTION: Mr. Armstrong; You have indeed sparked my curiosity. With both the velocity of money and the trading volume declining since 1998, this seems to be a very dangerous position and your work is really eye opening. I read your Transactional Banking and it seems that this has changed everything for the worse. Your Big […]