Showing 2525 Results for turkey
Search instead for turkey
Showing 2525 Results for turkey
Search instead for turkey
September 10, 2018
Interesting that China markets remain heavy even whilst the Nikkei managed a bounce. Both Shanghai and the Hang Seng suffered over 1% losses today. Obviously, President Trump mentioning of an additional $267bn late last week didn’t help matters and that continues to nerve a broader audience again today. We continue to see money leaving the […]
September 9, 2018
Unusual Snowfall in February 2018 that Reached Down to Rome COMMENT #1: Mr. Armstrong; It was snow flurries here in Rome already. This looks like a bitterly cold winter this year as you said. Roberto COMMENT #2: Marty; I live just down the street from your old place in Kensington. It is snowing already. […]
September 8, 2018
Monetary History of Byzantium Andronicus II 1282-1328AD Andronicus II Palaeologus (b 1260; 1282-1328AD) was the son of Michael VIII Palaeologus and it was during his reign that the Byzantine Empire declined to the status of a minor state under siege by the Ottoman Turks in Anatolia and the Serbs in the Balkans. This is […]
September 7, 2018
Another negative day for Asian stocks as concerns over US/China trade wars and emerging market jitters continue. The timeline pasted for additional US sanctions which caused a small up-tic in prices ahead of the US numbers and the weekend. The Hang Seng managed an almost unchanged close, whilst Shanghai recovered much of the mornings levels […]
September 7, 2018
QUESTION: Mr. Armstrong; I take it your concern over Trump from the market perspective is the sheer uncertainty that is evolving. How do you see this playing out for the world economy? Thank you. I agree. These people who hate Trump just hate him so passionately. MRU ANSWER: Markets do not like UNCERTAINTY. These people […]
September 6, 2018
Another weak day across the board, starting in Asia and spreading west. There are ongoing concerns about emerging markets and the additional leverage being used almost everywhere. Much of this is being extended through the tech sector and that is what hurt the Hang Seng today. Closing down 1% it has also had a negative […]
September 6, 2018
Monetary History of Byzantium ALEXIUS I 1081-1118 Alexius I Comnenos (c. 1048; 1081 – 1118AD) was Byzantine emperor from 1081 to 1118 yet he inherited a collapsing empire. Byzantium faced constant warfare against Seljuq Turks in Asia Minor and the French in the western Balkans. Alexius also faced the collapsed on the monetary system. […]
September 6, 2018
QUESTION: Hello Martin … I follow emerging markets closely and one thing I note is that the size of the sovereign forex-denominated debt burdens are quite small relative to GDP except in the case of Argentina (48%). Everybody else, including Turkey and Indonesia) is 11% or less. How can you have a debt crisis if […]
September 5, 2018
The uncertainty continued from the US back into Asia this morning resulting in more Asian selling. Although core Chinese markets are light on volume, the concerns of sudden price discovery is the fear running through all emerging markets. We saw a flicker of this today when the Shanghai declined over 1.7%, but the Hang Seng […]
September 5, 2018
QUESTION: Mr. Armstrong; Our government here in Argentina has told us we should expect more poverty and there is no hope for the future. Socrates has been amazing on its forecasts on our currency. There are enough of us down here who would sincerely ask would you consider advising Argentina to straighten out our economy […]