Archive

Market Talk — June 21, 2016

June 21, 2016

The majority of the volatility within Asia appears to be concentrated within the Nikkei and the JPY. The Nikkei opened around 1% lower as the currency gapped to the 103 handle, but by the afternoon session it recovered as JPY retraced. Shanghai really could not provide any guidance as that market continues to drift lower. […]

Progress Report on the Trader Version

June 21, 2016

Here is a mock-up of the Trader version we will release to attendees of 2015 and 2016 WEC for a 30-day trial. The final round of reports for the 2015 WEC attendees will be sent out shortly. We plan to release a report on asset allocation and a report on the pension crisis. Our reports […]

The EU is Determined to Ensure BREXIT Will Not Succeed

June 21, 2016

Another case of fraudulent voting to save the EU has occurred in the Austrian election. The Austrian Constitutional Court has revealed outrageous “errors” to the point that votes were simply regarded as non-binding recommendations. The investigations continue, but this reflects the desperate attempt to save Brussels at the expense of all of Europe. Allowing the people to vote […]

Politicians Are Still in Denial

June 21, 2016

Arrogant politicians are in a state of denial. Some politicians think Trump cannot win the general election and are still trying to deny what this election is all about. True, they concede, Trump received more votes than any other Republican in history. He beat every candidate, but that is still not good enough. He won […]

Central Banks Made Govt Debt the Riskiest Debt of All Time

June 21, 2016

The central banks have risked it all and lost. They have reached the point of no return. The Fed decided not to raise rates, which are desperately needed to prevent a collapse in pensions and insurance companies, and merely froze like a deer in headlights. The superficial analysts who think lower rates are good for […]

Market Talk June 20th, 2016

June 21, 2016

The weekend BREXIT poll shaped markets as soon as Asia opened today. The GBP bounced 1% from the open while global equity markets followed with DAX, CAC, Nikkei, Shanghai all over 2% better than the Friday close. Treasuries and Gold saw profit-taking as we saw a 1% decline from the opening bell. Japan did release Im/Export […]