Another weak session for the Nikkei despite a brief run at the psychological 17k mark just ahead of lunch. However, it wasn’t to be and the sentiment from a weak US session finally penetrated what euphoria there was and eventually saw the Nikkei close around 1% lower on the day. In mainland China the Peoples […]
Wikileaks has produced an email that shows Hillary Clinton routinely discussed things that should have been on a secure server. Hillary sent an email to her campaign chairman John Podesta back in 2014, who was then-counselor to President Barack Obama. In this email, she said Saudi Arabia and Qatar were both giving financial and logistical […]
COMMENT: Mr.Armstrong, I am wondering why you haven’t commented on the recent Trump scandal about the video with Billy Bush? Constantly seeing articles on how corrupt Hillary is but obviously you are biased towards Trump winning for not making a statement about his misogynist comments about women! Sincerely, PH REPLY: There is a huge difference […]
The choice for president has never been so bad. The latest polls show 63% of voters said Clinton is overly secretive, 55% said she was corrupt, and 52% said she was “extremely liberal.” This is very interesting since the only presidents since 1900 to be elected with greater than 60% of the popular vote were Lyndon Johnson in […]
Japan finished on a strong note but it was a disastrous opening (following oil) that it had to spend the rest of the day recovering from but a near 1% better close certainly helped confidence into European trading. Shanghai opened well and continued strongly, eventually closing +1,4% firmer. However, the Hang Seng was anything but […]
If there was ever any question that this is a bond bubble with a 5,000-year low in interest rates, the final bit of insanity just took place. Italy managed to sell its first 50-year bond last week as investors were betting that the European Central Bank might soon add ultra-long debt to its asset-purchase stimulus […]
All indications are now pointing to war between the USA and Russia. It appears the powers that be in Washington fear a Trump victory and he would end nation building. The military needs to start a war now because if Trump were elected, he would not go along with this mess. Even Russian TV is […]
The resistance to the refugees in Germany keeps rising. German mayor Joachim Kebschull of Oersdorf had to be hospitalized after he was severely beaten after expressing support for asylum seekers. He was attacked from behind as he walked to a planning meeting on Thursday night. Michael Richter, the head of a party on the town council of Freital, on […]
Asia started poorly on the back of a weaker oil market until Russia announced it would be willing to cutback its oil production in respect of the OPEC decisions. Oil bounced over 3% on the Asian day reversing the mornings losses. In Japan the Nikkei traded heavy most of the day but recovered off of […]
