Asia: Equities globally performed pretty very today. China was no exception, with trump declaring “substantial progress” was being made with the US delegation meeting with China. Trumps comments were “This is either going to be a very big deal, or it’s going to be a deal that we’ll just postpone for a little while.” […]

  Asia: Yesterdays’ FOMC, although rates were unchanged, the surprisingly dovish tone from Fed Chair. What was to follow was the global markets reacting to this, with Asian markets all performing well namely the Japanese Nikkei 225 and the Hang Seng index rising by 1.1% and the Chinese Shanghai Composite rose 0.4%. Huawei, with the […]

Asia: Both the Nikkei and the Shanghai were amongst the losers in Asia, dropping 108.10(-0.52%) and 17.28(-0.67%) bps respectfully. Kospi on the contrary had a positive day climbing more than 1%. The prolonged US-China trade war coupled with slowing Chinese growth is putting uncertainty in the region. The Japanese Industrial production PMI expect at -0.5% (previous was […]

Asia: Pretty uneventful day, with the Nikkei up slightly at +8bps, the Shanghai Composite down -10bps and Hang Seng drops -16bps. Looking ahead to tomorrow we have quite the day with Chinese Manufacturing data being due, which as we already see has great influence over energy markets – a negative number here will have a […]

Rome - May 3-4, 2019 (Materials Available for Purchase; Video Now Available)
Orlando - October 25-26, 2019 (TICKETS STILL AVAILABLE)

  Asia: Slightly subdued day in the Asia markets as the Nikkei was down -60bps but still well within the recently formed upwards channel, which started at the beginning of the month. On Sunday the BOJ meeting minutes were released, the minutes showed that the policy makers were disagreeing over the appropriate level of the […]

QUESTION: Hello Sir, I am French and have been reading you for many years (I already read you while you published papers while you were very unfairly imprisoned). I signed up for Socrates on 6th January and must thank you warmly for opening my eyes to the real state of the global economy and its cycles. […]

The meandering of US markets failed to provide an excuse for Asia, but it found its footing anyway and can point to tech as the key driving force. There is still a lot of hype in China for domestic support and official direction helping sentiment and today that became more targeted. This enthusiasm in helping […]

COMMENT: Good day; The great public pension fraud here in Ontario, Canada allowed the public service unions to endorse Liberal candidates who would give them their 3% raises every contract. This gave them an 18% head start (the number of public sector employees) to win an election that only required 34% to gain power. The percentage […]

QUESTION: Marty; Are there any cycles dealing with the trade dispute with China that are relevant? OP ANSWER: Actually, yes. The United States created a two-tier monetary system in 1873 to accommodate trade with China who was on a silver standard rather than gold. The actual timing is 17 intervals if the 8.6-year frequency of the […]