This morning in Asia markets were still playing off of the US ADP data and enjoying that its continues to support the recent bull run. Confidence was obvious in markets when the JPY traded back to 111.70 (losing its safe-haven bid) but then NFP’s were released. We’ll comment on this in the US session update […]
QUESTION: Marty, is this perhaps the most corrupt period in political history? I find Hillary’s comments outright offensive that she counts on the press to make the people as stupid as possible. Is this the worst of the worst? Thanks RG ANSWER: Hillary is really detestable. But politics were exceptionally corrupt after the Civil War […]
The Swedish government has declared that they will begin drafting those born in 1999 for military service. This reintroduction of military conscription is being blamed on Russia’s invasion of Eastern Ukraine. In fact, it also has a lot to do with the Refugee Crisis. The draft will being as of January 1st, 2018. Sweden had military conscription […]
The Belgian Historian and author David Van Reybrouck in his latest book, “Counter-elections”, has made a very interesting suggestion. He too has concluded that career politicians are just hopeless. It is so nice to see I am not alone. Van Reybrouck has proposed that politicians really cannot represent the people and perhaps the solution is to […]
Another mixed session for Asia but we did see a strong performance in the Nikkei as the JPY lost the safe-haven bid. The yen traded high 110’s then weaker hitting 111.40 (-0.6%) at one stage. The Japanese equity market added over 1% in todays trading with strong performances from Energy, Utilities and Industrials (Chemical companies). […]
It was only last week that the People’s Bank of China (PBOC) was rumoured to be competing in the currency market, which was coincidentally followed by a Moody’s downgrade. The action demonstrated signs that positions have been cut at a loss for anyone who attempted to short the Yuan. The O/N (overnight) and T/N (Tom-next) rates ballooned today which makes […]
Hillary Clinton is now joining the movement to overthrow Trump claiming, with absolutely no proof, that the misinformation about her was “fake news” spread over the course of the 2016 presidential campaign which was “guided” by the campaign of President Donald Trump. Clinton now points to compromised intelligence agencies, released in January, headed by Clapper […]
COMMENT: Well Mr. Armstrong, perhaps you are wrong at last. It looks like your meetings in Brussels that quite a few people noted you shuffling around town did have an impact. Looks like your constant warning about the structure of the euro’s failure is being corrected. Looks like you did make a difference. So congratulations […]
