China appeared as the only bright spot in Asian markets this morning with Shanghai closing up +0.45% and the Hang Seng marginally better at +0.65%. Both indices toyed between both sides until the final hour then recovered at the close. Much of todays talk centred around the deleveraging that President Xi appears to be pushing […]
After the weak US retracement the DOW (futures) spent much of the Asian session around the mid 25,500 level. But, interesting that as we have been highlighting for a few weeks here that the DXY looking to be bottomed on time. Jerome Powell’s comments obviously shook markets, but worth comparing currency weighted equity index movements. […]
QUESTION: Mr. Armstrong; The goldbugs are saying that China, Russia, India are “rogue” rising economic powers that are rogue nations. They cite David Stockman who preaches the U.S. economy is in deep trouble thanks to its “massive indebtedness” and they seem to ignore what you have pointed out that the USA is in the best shape. They also cite […]
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 […]
These are the World Stock Indexes Available in the Basic Level AEX (Dutch) Index Cash AEX All Share (Netherlands) All Ordinaries (Australian) Index Cash Athens Stock Exchange General Index (Greece) Cash Austrian Traded Index Cash BEL20 (Belgium) Index Cash Bist National 100 (Turkey) Botswana Stock Exchange DMS Companies Index (Botswana) Bulgaria Stock Exchange Sofix (Bulgaria) CAC-40 (France) […]
PRIVATE BLOG – Gold for the close of the 23rd
We have added the following market to the Socrates general public service level. AEX All Share (Netherlands) FTSE 250 (United Kingdom) FTSE All Share (United Kingdom) FTSE All World $ (Global) Hang Seng China Affiliated Corporation (Hong Kong) Hang Seng China Enterprises (Hong Kong) Tel Aviv 125 (Israel) Jamaica Stock Exchange Main Index (Jamaica) KOSPI […]
The economic message taught in most universities is very distorted. It universally teaches children to judge economic systems from the perspective of their victims. They will endlessly point out the impoverished people and the devastation of the climate as proof that capitalism is evil and that we need government to intervene. We have economist […]
Yesterdays enthusiasm could not be sustained in such thin volume and so it was with HSBC’s earnings miss that returns the fear! The Nikkei took much of the steam and consequently returned 1% of its recent gains. The finance sector was heavy probably responding to HSBC’s worries as most of Asia watched their shares decline […]
Private Blog – Gold The Breakout or Frustration?
