Following the late US headline that US/China trade talks were likely to resume, all Asian indices opened firm. The positive stance was reflected across all markets, but mainly assisting China – as you would expect. Hang Seng performed the most as exporters and tech companies surged on the news. Closing over 2.5% we saw the […]
A very curious thing seems to be going on. A person donated money to Trump, all of a sudden, emails begin to arrive from Joe Biden asking for donations to the Democrats. What is really curious is that there were no emails before donating to Trump. Have the Democrats hacked the Republican donors? If anything, […]
Just when you thought President Recep Tayyip Erdogan was really off the reservation, he suddenly appears off the planet. Erdogan has appointed HIMSELF as chairman of Turkey’s Sovereign Wealth Fund and got rid of the entire management staff. It looks like Erdogan now thinks he can force the free market to do as he commands if he […]
According to CNBC, Bob Woodward reported that Trump told Gary Cohn, the former Goldman Sachs/director of the National Economic Council to just print more money to reduce the national debt. Woodward reports this discussion: Trump: “Just run the presses—print money.” Cohn: “You don’t get to do it that way. We have huge deficits and they […]
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Another day and another loss for some core Asian markets as concerns continue to spread. Both Shanghai and the Hang Seng opened weaker, but did mange to recover from the morning lows with even the occasional positive print. Both indices closed down around -0.3% placing them at nearly 14 month lows. The YTD decline for […]
There were more than 100 gold Roman coins discovered in a buried hoard in the Cressoni theatre in Como, north of Milan. What I have examined from the photographs supplied to me, is that this is a hoard from the virtual fall of Rome. The coins I identified were from the Puppet Emperor of Ricimer, a Germanic general who […]
There is a new Irish political party emerging in the Republic of Ireland to promote leaving the EU, which was inspired by the successful BREXIT movement. Theresa May has really messed up the entire BREXIT movement and at the same time, this has exposed Europe for what it really is – a power and money […]
Maxime Bernier PC MP is a Canadian businessman, lawyer, and politician, who is currently serving as Member of Parliament for the Quebec riding of Beauce, having been elected four times. He has pointed out that it is always the ordinary taxpayers who ultimately have to pay for all these benefits promised by the government. He has argued […]
It did look as though we may have seen a better day for core Chinese markets initially, but sadly today was not that day! Having seen positive moves in early trade, price action returned negative following the regional trend. Shanghai (-0.2%) was disappointing but is trending lower as headlines seem to run confidence. The Hang […]
