We saw another weak day for Asia with two key exchanges losing over 2%. The Japanese Nikkei and Hong Kong’s Hang Seng both lost ground as technology, financials and energy companies continue to give back the years gains. Confidence was already waning but was not helped after Australian growth missed expectation which […]
Corsica is known for its illustrious contribution to politics — Napoleon Bonaparte. The winner of the Sunday election, Gilles Simeoni, is quite different. He is the 50-year-old mayor of Bastia and son of a legendary independence fighter. He admitted his victory was an “unusual election outcome.” In fact, his Nationalist Party Pè a Corsica (For Corsica) […]
QUESTION: Marty I just finished watching “The Forecaster” and I am impressed that you survived what the government did to you. As a former Green Beret from back in the day, I can appreciate what you endured more than most, my hats off to you. All I can add is I hope to hell that no […]
Eruption of volcano Agung in Bali Over the past few decades, there have been several research papers in the scientific press that submit there is a correlation between cosmic-solar radiations and destructive geological events such as earthquakes and volcanic eruptions. On top of this, there are correlations with climate change that kick in where volcanoes […]
The final hours of the US trading session was a major concern for Asian trading this morning, which probably was not helped when the RBA (Reserve Bank Australia) left rates unchanged. This move certainly helped a bounce for the A$ but didn’t help stocks with the ASX closing down around -0.25%. The Hang Seng traded […]
The top story in Britain is the collapse of BREXIT negotiations thanks to the stupidity of Northern Ireland. If Northern Ireland wants to remain inside the EU, we already have Scotland saying they would want the same deal and the Mayor of London adds his two-pence to the issue think he will save the City […]
I have warned that all the protests against Trump’s Travel Ban were just politics. It was by no means discriminatory against Muslims, it was targeting the countries where terrorists come from. As I have said before, we employ people of every race and religion. We have no problem with our Muslim staff flying in from […]
Several people have asked why I could not confirm or deny that the cause of earthquakes is the slowing down of the Earth’s rotation. As previously reported, this new theory was published in Geophysical Research Letters earlier this year by Roger Bilham of the University of Colorado and Rebecca Bendick of the University of Montana. The theory […]
The Danish Central Bank has come out to warn that there is another financial crisis ahead. The central bank identified several indicators that point to growing risks from its analysis perspective. It is recommending that the banks in Denmark begin to raise their capital risk buffer. The primary concern centers on household credit where banks have lent […]
Asian markets were unsure how to respond to the weekend news of the US tax move. Whilst it was assumed the move was positive news for US futures markets, it is not necessarily good news for its competitors. The realisation that cash is now being beckoned by US markets, others realise they will be […]
