Asia was very happy to see the US markets rally yesterday and responded with a strong performance themselves. News that the fear of trade wars may have faded helped sentiment and confidence. The Nikkei and the Hang Seng both added 2% which also pushed the Yen back out to the mid 106’s. This currency […]
Putin’s address on March 1st to the Federal Assembly seems to have sparked a lot of crazy emails with people talking nonsense about things they do not even come close to understanding. Yes, the headline grabber was Putin’s statement about a new invincible cruise missile. I will address that in a moment. Overlooked, however, […]
The Italian election results are in and once again it demonstrates that correlating economics with voting, you end up with a far more accurate forecast. Trying to predict based upon samples of calling people appears to be not merely questionable, but also prone to human bias. We have been warning that this trend toward nationalism […]
Foreign direct investment into Canada has absolutely plunged during 2017 to the lowest since 2010. There has been an effort to stop the sale of any property to foreign investors mainly from China. On top of that, there has been also a collapse in capital investment into the oil industry. There are fears also rising […]
