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 […]

  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: Mr. Armstrong; I have been reading your blog for years now. It is obvious that you are well connected behind the curtain. It did not take but perhaps a day or two after you explain the difference between wealth and income to suddenly see Elizabeth Warren adopting the position to impose a wealth tax […]

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 […]

Most core Asian indices finished todays trading on a positive note. Both Shanghai and Hang Seng indices recovered from early losses and managed a close at the days highs. Both closed up +0.4% on continued talk of domestic support and the possibility of shorter working weeks. In Australia the jobs number released better than expected […]

COMMENT: Hi There, I suggest you do an article on the terminology you use.For example I noted that on your commentary on centamin Egypt you use the term waterfall pattern. You also you use the term panic cycle.An article on these words and their meaning would be helpful. Thanks S REPLY: We do have terminology is […]

The rumoured report of US weighing possibilities of easing tariffs certainly helped Asian markets to open on a positive note. The Hang Seng and Shanghai markets made steady progress as the day wore-on. The rally was well rounded with all sectors adding to the gains. Given the recent domestic support for China, it was the […]

If you ever needed proof that government is collapsing, here it is live and in full color. Freshman Congresswoman Alexandria Ocasio-Cortez (D-N.Y.) was just placed on the House Financial Services Committee. Who is the Chairperson? None other than the controversial Maxine Waters (D-Calif.). We now have two people with absolutely NO expertise in this field going to […]