Market Talk – July 26, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 202.10 points or -0.53% to 37,667.41 Shanghai increased 4.16 points or 0.14% to 2,890.90 Hang [...]
US v Europe Bank Analysis
COMMENT: Mr. Armstrong; It is becoming obvious which banks are following your model and putting a spin on it fundamentally and they seem to be outside the USA. Swiss banks are calling for a rally and Goldman Sachs calls for a decline. This is very curious indeed given that your enemy has been Goldman Sachs.
JH
ANSWER: Obviously, I am not at liberty to discuss such matters. With MIFID II, it is more curious as to how American banks will be able to put out such forecasts contrary to MIFID. I cannot reveal the plot just yet going on in Washington to deal with MIFID. Trust me, there is a very sinister plot afoot and when I reveal the scope you will be very surprised how the Trump Administration is being manipulated as has every Administration since Clinton.
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