Archive

Saudi Arabia Banning Short Selling Against the Currency Peg

June 8, 2016

Saudi Arabia has banned financial products that amount to a short position against the riyal. The measure indicates the high degree of attack that the peg is starting to come. The government has announced a wave of layoffs in the public sector. This is an absolute first. The Middle East was considered beyond economics because of oil. Everything is […]

Market Talk — June 8, 2016

June 8, 2016

Asia did not provide much direction overnight as core indices were pulled in either direction. The Nikkei was the top performer, closing just under 1% better having spent most of the day in negative territory. The JPY strengthened as the day progressed but has just retraced much of that and is closing around mid-range for […]

US Elections — From Bad to Worse

June 8, 2016

We have a socialist, a criminal, and an amateur who speaks before he thinks all running for the position of leader of the “free world” which is anything but free. Then we have a press so in bed with the politicians that they often seem to be crossbreeding. CNN, ABC News, and CBS News all […]

US Elections – Going Bad to Worse

June 8, 2016

We have a socialist, criminal, and an armature who speaks before he thinks running for what they all want to think is the leader of the “free world” which is anything but free. Then we have a press so in bed with the politicians, they often seem to be cross-breeding.  CNN, ABC News and CBS […]

Innovation — Unemployment — Business Cycle

June 8, 2016

QUESTION: Hi Martin, Thank you for everything that you do. Comments have been made – to which you yourself have been alluding to for some time – that technology is replacing jobs at such a rapid rate, unemployment will be a major issue in the very near future.  However, these commentators conclude that this proves […]