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Market Talk- June 27th. 2017

June 27, 2017

Although the Shanghai index continued its positive trend we did finally see only a minimal advance and then a small set-back for the Hang Seng. An earlier strong gain (+0.6%) in the Hand Seng was lost by the time the market had closed but with numerous unexplained small cap scares, it was not a surprise […]

May Forms Government To Retain Power in Britain

June 27, 2017

Britain’s Prime Minister Theresa May has at last secured a governing majority in the UK Parliament by agreeing to spend £1 billion on top of £500 million previously promised to Northern Ireland. Of course the stability of the May government going forward will be delicate as Jeremy Corbyn does his best to bring down the […]

EU Extends Sanctions Against Russia Killing Their Own Economy

June 27, 2017

The EU has extended its economic sanctions against Russia for another six months, which really makes no sense. No sanction will cause Putin to abandon a strategic port in Crimea that was originally Russian territory before it gave it to Ukraine to be administered. President Donald Tusk announced it on Twitter interestingly revealing that Chancellor […]

Supreme Court Upholds Trump’s Travel Ban

June 27, 2017

DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES, ET AL. No. 16–1436 (16A1190) v. INTERNATIONAL REFUGEE ASSISTANCE PROJECT, ET AL. 582 U. S. ____ (2017) (Per Curiam) Trump-Internation al Refugee Assistance Project Donald Trump was vindicated by the Supreme Court regarding the dispute over the provisional entry ban for citizens from six countries. The Supreme […]