Asia loved the idea that the DOW had closed above the 22k level but many were questioning why is it only the DOW that is soaring? Other core indices (S+O, NASDAQ and even the Russell) had all closed unchanged but for the Russell which fell 1% yesterday. Markets feel like they are treading water, was the […]
The Fate of Britain is an extensive report on BREXIT and the problems that are faced. The pro-EU faction has the upper-hand and they really could care less about what the people voted for. The view of government concerning the people has always been that they are stupid and ignorant of what is best for […]
We have a very serious problem with Congress. Their actions in far too many ways is displaying (1) a total disregard for international law, and (2) a clear arrogance that they will punish foreigners for not obeying US law outside the territorial jurisdiction of the United States. What if Germany passed a law to punish […]
The German Diesel Summit was moved because of protests in the Federal Ministry of the Interior from the Ministry of Transport for security reasons. Greenpeace’s environmental activists were present with a huge banner that read: “Welcome to Fort NOx” they put on the roof of the building. The Summit was moved effective to a backroom setup […]
QUESTION: Is it true that the Federal Government is nothing more than a corporation? I have read that the “organic act of 1871” replaced our government with a corporation. I have to believe that with your knowledge of history you are aware of this. Does that mean all laws passed since that time are nothing […]
Asia found renewed support from the surprise Apple result with a beat of both numbers and units. A worth note here was the size of options traded upon the results – looks like market-makers were running short into the release! This released just after the US close yesterday but is a great way to start […]
Many financial firms in London claim to be looking to move to Frankfurt or Paris with BREXIT. They are going to have a very rude awakening. The proposition to demand all euro clearing takes place inside the EU will be the death of Europe – not the rebirth. The dominating position in Brussels among […]
Germany is now pushing the EU towards a much more tougher policy in its relations with Turkey as Erdogan moves the country even closer to a full-blown dictatorship. Erdogan has rejected democracy and the rule of law and since the strike of the Putsch, which is characterized by the dismissal of thousands of government officials, mass arrests […]
The risk of war with a true madman at the head of North Korea continues to escalate. North Korea fired its second intercontinental ballistic missile last week in an attempt to demonstrate its long range capabilities proving it can now reach the continental United States, not just Alaska as previously thought. Despite strong international condemnation, the United […]
A solid day for Asia with gains for all core markets of between +0.3% in the Nikkei and +0.9% for the Australian ASX. All sectors contributed to the broad gains with no single area playing a dominant role. In China, we saw better than expected PMI which provided the boast many markets were looking for. […]
