American’s Support for Israel Wanes
Americans are more likely to support Israel amid the Middle East conflict, but support is waning. A Gallup poll found that 46% of Americans feel sympathy toward Israel, marking the [...]
China’s Housing Boom
QUESTION: Mr. Armstrong; What about the Chinese housing bubble. Why has this been so different in many ways?
IX
ANSWER: The primary difference is the simple fact that Chinese cannot take their money out of the country under the capital controls. Consequently, the property market has become their bank account. They have been moving from public to private assets in China as well. This is starkly different from housing bubbles in the West where it was not a capital shelter due to capital controls.
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Market Talk – March 13, 2025
ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 29.05 points or -0.08% to 36,790.03 • Shanghai decreased 13.19 points or -0.39% to 3,358.73 [...]
