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Market Talk- May 9th, 2017

May 9, 2017

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% […]

Macron’s Victory May Be Disaster for Merkel

May 9, 2017

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 […]

Emerging Market Debt Expanding Twice the Rate of 2016

May 9, 2017

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 […]

Socrates Standard Level Now Open to North America $14.99 per month With Private Blog

May 9, 2017

  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 […]