https://www.youtube.com/watch?v=3-J7ONYywJs     COMMENT: Dear Marty, This is interesting weather change in Saudi Arabia. We usually have the air-conditioning running 24/7 365 days a year. And now… Also, I found your blog on Avenatti very interesting…. If he runs for President, and it looks like he is planning on doing so, he could be the […]

A similar trading pattern was seen in both the Shanghai and the Nikkei overnight opening at the days lows and positive correction for the balance of the day. The headline that regulators would encourage share buy-backs and promote M+A activity helped restore some much needed confidence to the market. Core China rallied just over 1% […]

We ABSOLUTELY must understand that Merkel is on her way out and she has been the face of the entire European Union. This is incredibly important for it WILL ultimately undermine the Euro itself. Keep in mind that the entire play within Euroland has been to buy the Bunds and sell just about everything else. The […]

QUESTION: Dear Marty, Thanks for the continuous enlightening blogs about increasing interest rates and its effects on EM’s and others. Today on Bloomberg , they were discussing that the earlier 60:40 Equity bond correlation is breaking down and now it’s 100:0 i.e. both go up and down together. If I understand your view correctly , the […]

Initial early gains were lost as the lack of momentum continues to weigh on sentiment. Markets are getting used to large intraday price swings and the consequence is the lack of conviction and follow-through. Core China markets have suffered more than most this year, but the 8% decline in the Shanghai in October alone just […]

Asia was a buzz this morning having heard verbal intervention in support of further stimulus and possible future tax cuts. This took the core indices from lower to over 5% higher at one stage. The turnaround in China has fuelled confidence around the world helped by positive Italian news and a sway of M+A activity. […]

As many as 670,000 people protested in London to call for a second Brexit referendum. Our computer is showing that a second referendum will vote to remain but this is most likely because they will rig the vote. This is in conflict with our economic model which shows that BREXIT should still win. Keep in […]

Another negative open today but fortunately was not to last! Although China’s GDP released lower than expected weekend book squaring and absolute levels helped revive values by the close, also helped by a little “authoritative” speech play . Growth came in at 6.5% YOY which was missed the 6.6% markets were looking for, but the […]

A weak session for much of core Asia, with almost all markets falling from the opening. Sadly, it is China that leads the way adown again. Many are speculating that it is relation to the FED Minutes and their continued appetite to raise rates which pressures all currencies favouring the USD. The Shanghai index traded […]

We opened the day with Asia playing catch-up. All core markets opened firmer, but then the decline returned and we questioned if markets would even close up! Shanghai was a classic example of that today having opened strong. However, with an hour of trading was down around 2%, but then a last time buying spree […]