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Market Talk- September 29th, 2017

September 29, 2017

The Nikkei lost just a smidgeon today but still holds levels way up on the year. The YTD number is just over 6% because much of the rally was in Q4 2016, so on a 1yr basis is up almost 22%. The Yen continues comfortably mid 112’s but with more weakness expected. Elections will be […]

Britain to be Subordinate to European High Court Even After 2019

September 29, 2017

Prime Minister Teresa May has walked into a hornet’s nest. By trying to drag out BREXIT into 2021 or beyond, the European Parliament has responded that it is set to demand that Britain will have to still be subject to all EU regulations and be subordinate to the European Court. That means trading in London will […]

BREXIT – Trump – Now Barcelona

September 29, 2017

QUESTION: Mr. Armstrong; I am the person who did not believe you when you came to Barcelona and said that there would be a separatist movement. The polls at that time showed only a 15% support. I still read and followed you I suppose to see if you would be wrong. I must say, your […]

About Half 2.5 million Refugees Still Waiting for Approval for Asylum

September 29, 2017

According to Eurostat, at the end of 2016 there were almost 1.2 million migrants waiting for a decision on their asylum applications. Already, about 880,000 people were granted asylum with only 66,000 being returned to their home country. Then there were 110,000 people whose whereabouts are just unknown. This means that by the end of 2016, some […]