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Market Talk – July 29, 2020

ASIA: China on Wednesday expressed its strong dissatisfaction and firm opposition to smears against China on a series of issues by the US and Australia, and has lodged solemn representations with them, Wang Wenbin, a spokesperson for Chinese Foreign Ministry said at a press briefing. Wang’s remarks came after the US Secretary of State Mike […]

Market Talk – July 28, 2020

ASIA: China has said Hong Kong will suspend extradition treaties with Britain, Canada, and Australia after they took similar steps over the territory’s controversial new security law. The Foreign Ministry spokesman accused the countries of “gross interference in China’s internal affairs.” Earlier this month, US lawmakers approved sanctions in response to the law, targeting banks […]

Market Talk – July 27, 2020

ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 35.76 points or -0.16% to 22,715.85 Shanghai increased 8.46 points or 0.26% to 3,205.23 Hang Seng decreased 102.07 points or -0.41% to 24,603.26 ASX 200 increased 20.20 points or 0.34% to 6,044.20 Kospi increased 17.42 points or 0.79% to 2,217.86 SENSEX […]

Italexit – New Party in Italy to Exit the EU

We are witnessing the rise of the new party in Italy headed by Gianluigi Paragone calling for the exit of there EU. New Italian party calls for the exit from EU bolding saying: “Germany takes everything and leaves the crumbs to the rest of the states.” As the economic hardship rises thanks to the virus […]

Market Talk – July 24, 2020

ASIA: Beijing has ordered the closure of a US consulate in south-western China, in a move that will escalate tensions between the two countries to a new level. On Friday, China’s ministry of foreign affairs said it had ordered the US consulate in Chengdu, in Sichuan province, to cease all operations. Authorities notified the US […]

What to Expect With Civil Unrest

QUESTION: You’ve written about the collapse of communism in Europe 30 years ago and the looming collapse of socialism in the west. In Russia and Eastern Europe, most of the deaths occurred in the first 30 years of communism and few deaths occurred when it collapsed. Is it possible that for western socialism the vast majority […]

Market Talk – July 23, 2020

ASIA: China has criticized the Trump Administration’s order to shut the Chinese consulate in Houston as an attempt to shift the blame for its failures ahead of the November election, according to state media editorials published on Thursday. China’s foreign ministry, which is threatening “countermeasures,” the Chinese Embassy in Washington said, “We urge the US […]

Market Talk – July 22, 2020

ASIA: The US has ordered China to close its consulate in Houston, Texas, by Friday — a move described as “political provocation” by Beijing. US Secretary of State Mike Pompeo said the decision was taken because China was “stealing” intellectual property. China’s foreign ministry condemned the move on Twitter, saying its embassy in Washington had […]

Market Talk – July 21, 2020

ASIA: China has warned the UK that it will “bear the consequences” if it continues to go “down the wrong road” on Hong Kong after the UK suspended its extradition treaty with Hong Kong over a new security law that gives Beijing more power. A Chinese ambassador in London said, “China has never interfered in […]

Nobody Will Accept the 2020 Election Result

COMMENT: Mr. Armstrong; Socrates deserves a Nobel Prize for it is the only thing to forecast so many trends correctly. Now the news is that Trump may not accept the election results. I have followed you for years. You are certainly not one of these people who make one forecast and run ads as the […]