Refreshingly, the markets tended to ignore geopolitical tensions escalating around North Korea after the recent missile test. All core markets returned positive today with China performing for both markets. The Shanghai recovered early weakness and closed up 0.75% on the day, whilst in Hong Kong the large cap’s weighed much on the shine but still […]
The governor of California is just insane and out of control. Besides the boasting that California is its own country free to enter into treaties with Europe against the Constitution, now Governor Brown is restricting the freedom of movement of its citizens, creating a list of states within the USA that California is imposing […]
QUESTION: Mr. Armstrong; it is becoming obvious that China follows your advice to the last letter. That makes sense when you were the western adviser they flew in to Beijing during the 1997 crisis. You told them to bypass the primary dealers and demand to buy US debt directly and they did within 30 days. […]
COMMENT: Dear Marty I’m doing business w companies in Holland. So I go there with a colleague to visit one of the factories outside Amsterdam. We rent a car and drive there. Everything is fine and all. No problems with traffic, finding our way or so … After leaving Amsterdam back home it […]
Whenever there is a national holiday and especially July 4th, volumes are light which can result in larger moves and higher volatility. Given that North Korea tested another missile earlier today the effect on markets was more extreme than would otherwise have been expected. The Hang Seng took the brunt of the move closing down […]
