The contagion from Catalonia is indeed spreading to Italy. The Democratic Party (PD) led by former Italian Prime Minister Matteo Renzi has suffered a severe defeat in Sicily. The Eurosceptic parties have won the election sending yet another warning sign to Brussels that they refuse to accept demand reform. The Democratic Party has lost the regional elections in […]
Finally we saw a little profit-taking in the Nikkei today, after having touched 26 year highs in earlier trade. The sell-off was not so much but felt more after spending the majority of the day in positive territory. The Yen moved stronger but that was later in the trading day after news of possible delays to 2019 […]
We have a lot of turmoil going on in Saudi Arabia. There has been the arrest of various princes and people who have been allegedly squandering money. We have the prospect of selling off the oil giant ARAMCO. We have had the ostracization of Qatar on allegations that they are supporting Iran.Now we have the line […]
COMMENT: Mr. Armstrong; This was my first WEC. Your presentation on the Quantity Theory of Money and how that is at the core of all our problems was a real revelation. You blew every economic theory out of the water and my years at uni studying economics has been a great disservice my entire life. […]
Although Asia closed with pretty much a mixed session, it really does not explain the mood or sentiment. Yes, the Nikkei closed lower on the day (-0.1%) but after opening lower and a brief dip thereafter, for the balance of the day the market was bid and closed just below unchanged. Major stocks driving the […]
WARNING: There are people using our forum for attendees of conferences to solicit people for investments and to take our material and then incorporate it into their product pretending to be doing this as some sort of a service. This is ILLEGAL activity. We are turning this over to our lawyers. It is ILLEGAL for […]
This video tends to try to blame future event upon humankind of course. By the historical Ice Age is really the point. Things are turning colder, not warmer. It is only relevant from the standpoint of the last ice age and how quickly to came about.
The Nikkei (+1.75%) had the strongest session in Asia today, helped by the continued rally in oil (+3% on Monday) prices and strong earnings. The Nikkei reached new 26 year highs earlier on optimism of growth, mergers and fresh international investment. The index moved stronger from the opening, eventually closing at the highs of […]
The entire nonsense that the political election was “influenced” by Russia propagated by Hillary who paid for the dossier that started this whole mess. The clandestine firm that created the false dossier on Trump is refused to cooperate with Congress. Now because of all this i9nsinuation about “influence” by Russians, Google stated that it is […]
Without real-world experience, today’s move by the Bank of England would have cost you serious money. Yes, finally after more than a decade the BOE finally raised rates by 25 basis points to 0.50%. The move has been well telegraphed in recent days and having been confirmed the first thing we see is a 1.5% […]
