Saudi Arabia has banned financial products that amount to a short position against the riyal. The measure indicates the high degree of attack that the peg is starting to come. The government has announced a wave of layoffs in the public sector. This is an absolute first. The Middle East was considered beyond economics because of oil. Everything is […]
Asia did not provide much direction overnight as core indices were pulled in either direction. The Nikkei was the top performer, closing just under 1% better having spent most of the day in negative territory. The JPY strengthened as the day progressed but has just retraced much of that and is closing around mid-range for […]
We have a socialist, a criminal, and an amateur who speaks before he thinks all running for the position of leader of the “free world” which is anything but free. Then we have a press so in bed with the politicians that they often seem to be crossbreeding. CNN, ABC News, and CBS News all […]
We have a socialist, criminal, and an armature who speaks before he thinks running for what they all want to think is the leader of the “free world” which is anything but free. Then we have a press so in bed with the politicians, they often seem to be cross-breeding. CNN, ABC News and CBS […]
Believe it or not, Swedish girls under 15 are causing Muslim men to rape them, according to the Swedish government. Politicians can never be wrong, so the problem is not that they let all these unemployed Muslims in for welfare, it is that Swedish girls are just asking to be raped. This is the absurd reality […]
QUESTION: Hi Martin, Thank you for everything that you do. Comments have been made – to which you yourself have been alluding to for some time – that technology is replacing jobs at such a rapid rate, unemployment will be a major issue in the very near future. However, these commentators conclude that this proves […]
The constructive comments provided by Fed Chair Janette Yellen last evening certainly helped Asian equities today. The Hang Seng performed best recording a 1.4% gain on the day whilst the main China Index managed just 0.1% gain which was a relief having spent the majority of the day in negative territory. The Nikkei saw a […]
Trump keeps shooting off his mouth in the stupidest way, but he should know that they will turn whatever he says against him (FYI: Hispanic is not a race, it is an ethnicity like French or German). Hillary and her cronies announced she won before the votes were placed just in case Bernie beats her in […]
The press is clearly in the pocket of the establishment. Today they announced a poll to try to prevent Bernie from winning California where he had a slight lead. They polled the super delegates (who are outside of the democratic process entirely) to see who they will vote for. The fact that they had to […]
