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Market Talk – December 12, 2019

ASIA: According to reports from Reuters, China is trying to propose a plan to promote Macau to be its next “Hong Kong” by building it into a world-leading financial center. China unveiled plans of creating a yuan-denominated stock exchange, as well as allocating extra land to Macau for it to grow. The region was a […]

Pollution v Climate Change

QUESTION: Mr, Armstrong; in searching your writings you acknowledge that pollution is a problem. So to be clear, you distinguish pollution from climate change? Can you articulate the difference? HJ ANSWER: We all want clean air, water, and the environment. As I have said, I lived in London in the mid-1980s when the buses were […]

Market Talk – December 11, 2019

ASIA: According to CNBC, Chinese negotiators would like all the upcoming US tariffs removed before the December 15th deadline if they are going to proceed with negotiations. It is expected that the 156 billion USD worth of tariffs will significantly escalate tensions between the two nations if applied. The Indian Parliament approved the Citizenship Amendment Bill […]

Guyana & the Future

QUESTION: Hi Martin, thanks for including little Guyana in your blog today. I was born in Canada, but my parents emigrated from Guyana decades ago. I haven’t been back yet. Nevertheless, I am eager to see great things become of the country, have been tracking the oil industry developments there, and am invested in it […]

Market Talk – December 10, 2019

ASIA: The latest from the street is that US and China are planning to delay the expected rate hikes that are planned for the 15th of December. The initial report came from the WSJ, who quoted that trade negotiators close to the case are reporting a possible delay. However, there has been no official release from […]

Market Talk – December 9, 2019

ASIA: Export figures were released from China this weekend and show that the situation between the two largest economies is getting worse. The exports to the US showed a twelfth consecutive decline. A further round of Chinese tariffs set by the US is also expected to be set by the 15th of December, further adding […]

Market Talk – December 6, 2019

ASIA: More ups and downs regarding the US-China trade deal, with China suggesting they will remove tariffs on soybeans and pork as a gesture of goodwill. Meanwhile, US advisor to the White House Kudlow stated that the trade deal is in a better place than where they were mid-November, but also hinted that US President […]

Market Talk – December 5, 2019

ASIA: China warned the US that a “price must be paid” for the latest sanctions imposed due to the China’s oppression of the people of Uighur decent. It seems this is a step back in the long discussions over the trade war. Japan, under Prime Minister Abe, has approved a stimulus package worth in excess […]

Market Talk – December 4, 2019

  ASIA: US President Donald Trump sounded a little more optimistic over the trade deal with China today, having stated that current talks are going very well. Yesterday, President Trump sent the market into a slight frenzy suggesting that perhaps it would be better to wait until after the elections in November next year to […]

Market Talk – December 3, 2019

ASIA: US President Trump has suggested that the trade deal with China might have to wait until after the 2020 election in November. “I have no deadline, no. In some ways, I think I think it’s better to wait until after the election with China,” Trump told reporters at a NATO meeting in London. This caused […]