The Threat of Splitting Canada Rising to DEFCON 3
COMMENT: Martin, Had to laugh here’s a comment about Janice Stein and Mark Carney. As my father in law always said, “in the valley of the blind the one eyed man [...]
German Yields Decline for Lack of Confidence or Expectation of Lower Rates at the Fed?
QUESTION: Mr. Armstrong; Do you agree with Bloomberg that the yield on German bunds has declined in anticipation of the Fed lowering rates?
JV
ANSWER: No The falling yields on German government debt is simply intensifying the trade to buy German and short everything in the South in anticipation of a failed Euro. Also, there has been tremendous concern about the European banking system as a whole. It really a stretch to claim yields are declining in Germany because the expect lower rates at the Fed. This is purely a speculative punter’s play – not a shift in strategic portfolios. Italy’s budget battle with Brussels remains a concern as is the case with BREXIT. There is just a growing lack of confidence in Europe. I do not believe that even the technical pattern implies such a shift at the Federal Reserve as the reason for capital movement within the Eurozone market.
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DAVOS & Left are not known for their Intelligence
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Coup at the World Economic Forum
World Economic Forum founder Klaus Schwab is under an internal investigation by the organization he created. There is no question that it has been alleged that the WEF got money [...]
Soros, Neocons, USAID & Destabilizing India & World
George Soros remains a major political threat in many countries as his Open Society Foundations operates in many countries, trying to destabilize governments with which he disagrees. In India, I [...]
