With all the fun and games this week it was a fairly quiet day for the Nikkei closing just 0.2% higher on the day. The JPY also behaved itself but with dealers remaining fearful it is only time before we see another leg lower for the Yen. Shanghai finished the week on a positive note […]
Let one government come up with a new idea how to extort money from the public, and it spreads like a contagion. Now California will begin issuing tickets to speeding bicyclists as well. I suppose you will soon need a license and then they can threaten to revoke your riding privileges. Will there be a […]
Change is the engine of advancement. We cannot advance without it and we never advance without first making a mistake. Today, I have never seen in politics reach such a low level. Most Democrats on Capitol Hill are showing how un-American they really are with this display of open hostility, resentment, and plain old being […]
QUESTION: Mr Armstrong, thank you for all that you are doing. I was hoping to get your view on the Indian government banning large denomination bills. What do you think is the reason and why such a small window of time to get them turned in? PB ANSWER: Unfortunately, the theory is that cash prevents […]
One of the largest one day gains seen in the Nikkei with a rally of almost 7% on the day. Upon the open almost no trades were seen until the index was over 5% higher, comfortably taking out the 17k level again. However, the flip-side of this move was the JPY which traded from 101 […]
There are reports of more and more incidents of Germans turning against the refugees with violence. A mob of about 50 youths went “hunting” for migrants in the eastern German city of Bautzen. They were throwing stones. This was by no means the first time in that city. This did not reach the 1700 people who […]
Protests have erupted against Trump from the people who have been brainwashed by the media and the Democratic machine. The deep divisions that this election has exposed within the nation and Clinton’s speech not to give up on their agenda invites nothing but violent and civil unrest looking ahead. Of course these very people who […]
The pension crisis in Dallas Texas is starting to create panic among beneficiaries and thus the situation is snowballing out of control. The Dallas Police and Fire Pension has been well regarded in the pension world for its diversity among asset classes. The funded ratio was estimated at 64% in 2014. In 2015 a new […]
That was interesting! Obviously well trodden ground now but the DOW futures were around 800 points lower at the time the Asian cash markets closed. The Nikkei was down over 5% on the day and as result of market bouncing in early US trading the futures are up over 900 points (5.75%). The Yen traded […]
