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Market Talk- February 26th, 2018

February 26, 2018

  After the strong close in the US on Friday, we open the week with an equally impressive Asian session. It was the Shanghai index that shone bright today with a 1.25% return, not bad for a Monday and with month end so close. Domestic markets were boosted by the removal of the two-term limit […]

Cryptocurrency – Is There a Total Risk of Loss?

February 26, 2018

Source: Wikipedia QUESTION: Vitalik Buterin, the co-founder of Ethereum and a co-founder of Bitcoin Magazine, said on Twitter. “Reminder: cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time.” He said: “Don’t put in more money than you can afford to lose.” Do you agree with him? It seems […]

Turkey – Default or War?

February 26, 2018

QUESTION: Mr. Armstrong, My father was ______ the banker who commissioned you to do the Turkish lira hedging project in 1983. He passed away as you know. I found this material in his files on Turkey that you apparently published back in 1985. Some articles are saying that Turkey is the epic center of debt. […]

Feinstein Fails to Win Democratic Endoresement

February 26, 2018

We are witnessing the rebuke of career politicians by career politicians. The California Democratic Party took a vote and it concluded it will not endorse Senator Dianne Feinstein’s re-election bid this year. Feinstein is 84 and the oldest politician there who wants to run for another 6-year term. The delegates at the party’s annual convention […]