ASIA: Contrary to US comments that two calls were made over the weekend, Chinese foreign ministry spokesman Geng Shuang said that he did not hear of any call being made. He also expressed that the increase in tariffs are putting huge pressure on both sides and are not constructive at all. “We hope that the […]
ASIA: Over the weekend, the Hong Kong protests began to turn violent with the police stating 100 rioters were armed with weapons. Police fired a live warning shot at a protesting crowd as well as using water cannons to disburse the crowds. Overall, 86 people were arrested including one twelve-year-old. It was said that around […]
QUESTION: Since we are nearing the turn in the ECM in January, will the focus be on how to position oneself for the next wave covering bonds, commodities, share markets, and currencies? You can smell this Monetary Crisis Cycle coming and the Sovereign Debt Crisis in the air. Has such a convergence ever taken place […]
ASIA: The US-Chinese trade war took another turn for the worse today as China unveiled another round of tariffs on about 75 billion USD worth of US goods. The tariffs will go ahead on the 1st of September and will consist of 5 to 10% additions on imports of US goods. The Chinese also plans […]
ASIA: More news emerging regarding a China retaliation of a possible US-Taiwan arms sales. A lot of the talks are subjective in nature, however, the deal for 66 aircrafts looks as if it will go through. China recently made an intention to stop purchasing US agriculture products, however, according to Reuters there have been some […]
ASIA: China announced that they will be looking into placing sanctions on any US company involved in the proposed US-Taiwan sale of F-16 fighter jets. The US approved of an 8 billion USD transaction of 66 aircrafts. Twitter and Facebook have apparently shut down Chinese state-owned accounts that were trying to downgrade the Hong Kong […]
COMMENT: Dear Marty, In your recent blog about BREXIT, and. “Remainers acting in self-interest”, you produced an ONS graph showing UK’s growth rates before and after joining the EU (previously known as the Common Market), and concluded: “Britain has NEVER received a fair deal since joining the EU”. Surely you have overlooked a groundbreaking event […]
ASIA: A new report released from Australia highlighted Chinese military force in the region. The report suggests significant improvements in Chinese military capabilities that could overwhelm US bases in the region in a matter of hours. This may indicate that the US stranglehold of the region could be at an end. Perhaps the report was […]
QUESTION: Hello Mr Armstrong. I read your blog daily, and i can t say thank you enough. on interest rate, you say market rallied when they got the rumors of roosevelt devaluating the dollar creating a currency inflation. am i wrong when i understand they feared losing money so they bought tangible assets? best regards […]
ASIA: There are reports of military personnel in the city’s largest sports complex across the Hong Kong border in neighboring Chinese city Shenzhen. This is a reminder to Hong Kong that China is ready if the situation gets out of hand for local police. Meanwhile, a report from website Gizmodo is reporting that China’s largest […]
