QUESTION: Mr. Armstrong, it is becoming very obvious that we are headed into a recession here in Europe. I have never felt how ominous things seem as they do right now. Will you be covering Scandinavia at the WEC in Rome? ANSWER: Yes. We will be focusing on the political & economic crisis that is unfolding. […]

Asia: At the conclusion of the annual National People’s Congress meeting, Chinese Premier Li Keqiang said that Beijing is prepared to support a slowing economy by cutting reserve requirements and interest rates if needed. Followed by the good news, the Shanghai Composite index increased 31.07 points (+1.04%) to 3,022 this Friday. The rest of the […]

Asia: The much-anticipated trade deal between China and the U.S. may be pushed back once again, according to a new Bloomberg report. Chinese President Xi Jinping and U.S. President Donald Trump were expected to meet in Mar-a-Lago, Florida, later this month to discuss terms. However, reports are that the meeting may not take place until […]

  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) […]