Asia started today’s broad stock market rally as from the opening bell all core moved from strength to strength. Both the Hang Seng and Shanghai adding +0.8% but the HSI doubled that and more with an impressive +1.8% daily return. HSI was the outlier yesterday recording a decline but with Banks and Finance stocks benefiting, today performance certainly […]
COMMENT: Your view on denying climate change is supporting the capitalist model. This shows you have no credibility. OD REPLY: Climate is changing and it is part of the normal cycle – not human-induced. You are actually correct that I support capitalism and freedom and am against authoritarianism and totalitarian systems. What you fail to […]
Culture is changing and much seems to be reverting back to the way it was before Socialism. Before the 1930s, there was typically a large age difference between couples. The boy had to become a man and then approach the father to ask for his daughter’s hand. He would have to demonstrate that he was […]
QUESTION: Martin, So much common sense from you. But, re the almost total corruption of government, could this be the ONLY practical solution? That is: 1. Elect Politicians directly, at random, from the general, law abiding population for a fixed term with no possibility of re-election 2. Pay them well, with jobs/careers guaranteed and severe prison […]
Todays Asian session really looked like a game of two halves! Initially we saw core outperform for both the Shanghai and Hang Seng, but by afternoon trading and into the close prices had drifted into negative territory. The Yuan appreciation probably has much to do with the move, but also coming off of […]
