I cannot stress enough that Mario Draghi has really destroyed the European economy on an unprecedented scale. I know people who worked on trading desks years ago when Mario Draghi before he was head of the ECB, was there to observe how things operated. His policy of perpetual low to negative interest rates is […]

Asia: Most of the major Asian markets closed in the green today. Increases were led by NIKKEI 225 (+378.60 points, +1.79%, 21,504 close), followed by Hang Seng (+417.57 points, +1.47%, 28,921 close). SENSEX and Shanghai increased +481.56 points (+1.30%, 37,536 close) and +33.31 points (+1.1%, 3,060 close) respectfully. KOSPI also increased +19.08 points (+0.89%, 2,157 […]

QUESTION: Marty, Big fat question for you regarding the UK and the SNP. You seemed to support Scotland breaking away from the UK in 2014, but since then you’ve voiced your concern on the socialist policies of the SNP. I share that concern, as do a growing number of people here, in not so sunny […]

Asia: President Trump says he is optimistic that a landmark trade deal with China is near completion, however, reports suggest that Chinese officials do not feel the same. The latest news with Huawei suing the US over a product ban does not help the overall situation. A mixed day for Asian stocks: Shanghai rose 5 […]

Asia: Another positive day for Chinese stocks. The Shanghai Composite added 47 points (1.54%) to 3101, the highest closing since June 7th 2018. The SENSEX increased 190 points (0.52%) to 36633, Hang Seng and ASX200 rose 76 points (0.26%) to 29,038 and 46.3 points (0.75%) to 6,246 respectfully. However, both the NIKKEI 225 and KOSPI […]

QUESTION: Hey Martin First of all, great work with the new Socrates. Thank you very much for getting it to us. You have said that rates are exploding with fed raising rates for the pension funds and because of the lost confidence in government, at least here in Europe. Am I correct when I take […]

Asia: China’s Premier Li Keqiang stated that China will face a graver and more complicated environment as well as risks and challenges that are greater in both number and size (in the coming future). He also reduced GDP growth expectation for 2019 from around 6.5% last year to 6%-6.5% this year. A 2 trillion (CNY) […]

The leader of the British Labour Party, Jeremy Corbyn, is desperately trying to prevent the Labour Party from fracturing and splitting into two parties. Most Labour Party members want a second referendum in the hope that the people would vote to Remain this time around. Many Labour members remain under the impression that the policy agreed […]

Asia: China has accused two Canadian’s of spying in what seems as to be retaliation of the extradition of Huawei executive to the US. Tensions seems to be escalating between the two countries. Huawei Meng Wanzhou, in turn, sued Canada for violation of human rights. Ironically, there are now hopes for a conclusion to the […]

Asia: Stocks were boosted amid renewed hopes that a US and China trade deal will finally be resolved in the coming weeks. Some analysts are pointing their fingers at President Trump, stating that the deal was meant to be helping Americans, instead it is seen to be bringing fear to many businesses worried about importing […]