Another quiet session for Asia with closes small mixed. Toshiba was again a talking point after it lost 12% in todays trading with the added possibility that it may delisted. China’s President, Xi Jinping, commented recently concerns surrounding President Trump and his views surrounding US trade partners; guess this will be hotly debated come the […]
QUESTION: Hello Martin I am beside myself when I look at the disconnect that we are seeing in relation to the US equity market and the US bond market. Are the bond traders and holders of Bonds going to hold them and incur losses from here on in or will they wake up and look […]
QUESTION: Martin, I assume when you say “When Obama was elected, the right simply accepted it and moved on” you are referring to the people and not Congress? PG ANSWER: Yes. In Congress, they always try to oppose the other side. That is pretty standard. We did not see street protests. This time it is […]
James Bullard, president of the St. Louis Fed, in a March 3, 2017 interview with the Wall Street Journal, “The recent data aren’t that different from what they were at the time of the January meeting and we didn’t really use the January meeting to set up a March rate hike.” He also offered an important response to […]
While today is know as Pi Day, tomorrow is the fateful Ides of March and indeed to Trump we must say – Beware! It clearly appears that the Treasury has been deliberately trying to get rid of its cash reserves which stood at $435 billion before the election. They obviously expected President Hillary Clinton would be […]
