ASIA: The US signed the Human Rights and Democracy Act into law, which requires the US to continue to monitor Chinese actions regarding Hong Kong citizen’s rights and freedoms. China issued the US a stern warning that if it continues to support a pro-democracy movement in Hong Kong, they will take “firm counter-measures.” The Chinese […]

ASIA: The recent elections in Hong Kong have given a landslide victory to pro-democratic parties. However, Beijing reiterated that Hong Kong will always be ruled by China. The foreign minister said at a G20 meeting in Tokyo, “No matter how the situation in Hong Kong changes, it is very clear that Hong Kong is a […]

  ASIA: Chinese President Xi has said that he wishes to avoid a trade war with the US. However, he expressed if pushed too far he is willing to retaliate. “We want to work for a ‘phase one’ agreement on the basis of mutual respect and equality,” Xi told members of an international forum. This has […]

ASIA: The Peoples Bank of China cut its one-year and five-year loan prime rates by 5 basis points. Yesterday, the central bank ordered banks to use the lowered rate to help bolster the economy. The new rates are 4.15 % for the one-year and 4.80% for the five-year, with the growth rate of China hovering […]

QUESTION: There are people claiming that Fed cannot buy directly from the Treasury and they are buying the same day issue in this Repo Crisis so that means they are monetizing the debt because foreigners are fleeing us Debt. This seems to lack any real substance and is nothing but opinion once again. Would you […]

QUESTION: Martin, Following the recent State elections in Saxony, Brandenburg and Thuringia which reflected voter disillusionment and discontent with the CDU and SPD how do you view the German political scene to the 2021 Federal election? JR REPLY: Bavaria came into existence in 1806 when Napoleon abolished the Holy Roman Empire. It was at this […]

ASIA: US White House economic advisor and Director of the US National Economic Council Larry Kudlow said negotiators between the US and China were in communication via phone. He did not provide details on the timing of a possible deal, but he did say that a trade deal was in reach. Alibaba CEO Daniel Zhang […]

COMMENT: Marty, thank you for a great conference. The comments out there on the liquidity crisis have been just domestically focused. Thank you for keeping my eyes focused on international events and your analysis about the crisis at Deutsche Bank GH REPLY: The raid on Deutsche Bank in Germany back in September over the money […]

ASIA: China is trying to implement a digital currency and be the first in the world to do so. “We know the demand from the general public is to keep anonymity by using paper money and coins…We will give those people who demand it anonymity in their transactions,” Mu Changchun, head of the People’s Bank of […]

ASIA: China announced that the US has agreed to incrementally lift tariffs once a trade deal is reached. “If China, US reach a phase-one deal, both sides should roll back existing additional tariffs in the same proportion simultaneously based on the content of the agreement,” stated ministry spokesman Gao Feng. Feng pointed to positive progressive […]