China’s PMI released a tad better than previous months, but the Shanghai index was the only green amongst the core Asian indices today. Although the Hang Seng lost ground today on the quarter, they have seen around a 9% return at the close. Many question if the market can repeat this type of performance and […]
In Ireland, a reader has sent this gem in. The Communications Minister Denis Naughten is so proud of himself for changing the definition of a ‘television set’ to include your laptop in order to extend the TV license fee to be applied to computers, laptops, and large tablets. He believes he will generate an extra €5m […]
The French Elections are in complete chaos. We are witnessing the collapse of the Fifth Republic of France. Our computer correctly forecasted that the Socialist Party would lose. It also forecasted that Le Pen’s party would beat the Socialists and most likely even the conservatives, which is led by Francois Fillon. Yet, the scandal around […]
It was all reverse today with the DXY trading above par, the JPY back into mid 111’s, and stocks all negative after the BREXIT concerns were claimed. Asian investors, like many Western investors, continue to look for safe-havens as the geopolitical landscape looks increasingly uncertain. Stocks lost ground today with all core down around -0.75%, […]
Two years after the start of the international war in Yemen, thousands of people in Sanaa have protested against the air raids of a Saudi-led military coalition. Protesters in the capital controlled by Houthi rebels waved Yemeni flags and called for chorus against “Saudi aggression”. The Saudis, led by the British along with the Americans, had been […]
Several major insurers have launched a new attempt to sue Saudi Arabia for 6 billion dollars for the September 11, 2001 attacks. One wonders had Hillary been elected and Saudi Arabia was a major contributor to the Clinton Foundation to support women and gay rights (outside of their own country), would this have taken place? […]
I have warned that governments around the world are engaged in the greatest collection of data in human history, tracking everything we do because they are going broke. This is just the hunt for money pretending to be looking for terrorists. Collecting every phone call, email, and text message is far too much data […]
A solid close in the US session helped Asia open on a firm footing, but were reluctant ahead of the Brexit trigger to take the markets too far in either direction. So, given most were expecting Europe to set the trend and theme, let’s just jump ahead, especially given Asia closed small mixed. The morning […]
QUESTION: Hello Martin, I understand and agree to what you are saying in your post however I cannot understand what you mean when you say that: “Secondly, leaving all individual member states with past debt yet converted that to euro, then resulted in their debts doubling in international value as the euro doubled going into 2008.” […]
QUESTION: Hello Martin, I understand and agree to what you are saying in your post however I cannot understand what you mean when you say that: “Secondly, leaving all individual member states with past debt yet converted that to euro, then resulted in their debts doubling in international value as the euro doubled going into […]
