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Market Talk- November 29, 2017

November 29, 2017

Asia performed well overnight following on from a strong US session. The Nikkei opened strong and remained well bid into the close. The Yen fell towards the high 111’s a loss of around +0.3% on the day. The North Korean missile test with it apparently falling into Japanese waters, was quickly ignored even given the […]

Société Générale Announces Major Reduction in Staff & Branches

November 29, 2017

  COMMENT: Mr. Armstrong; Your warning about the European Banks has come to a head today. Société Générale has announced it is closing 300 branches and firing 3450 staff. Everything you have been saying is proving to be correct when nobody else seems to even discuss the matter. I hope you come back to Paris. A […]

Zarrab has Flipped – Is Erdogan the real Target?

November 29, 2017

The New York Justice System is what it is. They have “flipped” the Turkish-Iranian businessman Reza Zarrab into a prosecuting witness offering him a reduced sentence if he testifies. That means the deputy chief of the Turkish Halkbank, Mehmet Hakan Atilla, is now the only defendant in the process to stand trial. According to the New York […]

AI v Self-Aware

November 29, 2017

  QUESTION: Mr. Armstrong; I heard you will be the keynote speaker at the Hack-Miami Programmer’s conference in 2018. Can I ask a question given your expertise in AI. What is your opinion of Sophia? Is this really AI warranting that she was granted citizenship in Saudi Arabia? See you in Miami HPK ANSWER: Sophia is a […]