QUESTION: Hi Martin, First, I’d like to offer my condolences on your mother’s passing. It feels to me that you must take great satisfaction in the fact that she must have been very proud of your accomplishments, and what you are trying to do for the average person. To me, that is the ultimate […]
Another poor day for the major Chinese markets, yet a continued recovery for Japan. Again, we see Shanghai and the Hang Seng under perform the periphery, as concerns surrounding the US/China trade talks play on investor minds. Both core China markets closed down 1.3% and are lower in late US trading following the continued weak […]
COMMENT: I found it very interesting when my bank would not allow using a credit card to buy cryptocurrencies. A friend of mine in Singapore said the government there has also instructed banks not to honor cryptocurrencies. It appears that government is starting to retaliate against the cryptocurrency world and I must question its viability long-term. […]
There is no question now after the Inspector General’s Report that Comey was off the charts. The FBI even knew that ‘foreign actors’ had access to Hillary Clinton emails including at least one classified message 7 weeks BEFORE Comey let her off the hook. The most disturbing thing was he never took notes during her […]
In Switzerland, we get to see how people who are really clueless about how the economy works still manage to get outrageous referendums on the ballot. A radical plan to transform Switzerland’s financial landscape was rejected, thank God, which would have barred commercial banks from electronically creating money when they lend. These people have no idea what […]
Good to see a healthy rebound in todays Asian markets with strong performances across the board. It still appears however, that the market is not that confident that the US and China have settled for the moment as the Shanghai bounced just +0.3% and Hang Seng +0.75%. It was a different storey for countries with […]
COMMENT: I live in Alberta, Canada and for years as a sign maker I had to order materials from the United States. I can assure you that the problems you mention are no different than the problems we encounter when buying American products: tariffs; customs duties etc. and as well paying in $US which really hikes our prices. We also sold promotional […]
Many countries charge you for goods you buy overseas not just Canada. One of our girls in Germany was called down to pay tax on clothes her mother bought and sent her for Christmas. One Canadian friend visited and left his coat. I mailed it back to him and they demanded an import duty. Trump’s […]
Trump has been attacking Canada once again on trade. He blasted the North American Free Trade Agreement, saying the U.S. can no longer afford to be the “stupid country.” He pointed out that Canada imposes such onerous tariffs on U.S. products, such as shoes, that people are forced to “scuff ’em up” in order to “smuggle” them […]
Citigroup has issued a press release back in March stating that it will penalize banking clients who engage in gun sales even though they comply with federal, state, and local laws. Citigroup’s new policy tells businesses what kind of firearms and accessories they can stock in their stores, and who they can sell them to. […]
