A solid day for Asia following record highs for the DOW and S+P. The Shanghai wasn’t too sure at the opening, but then mid-morning managed to find a bid and accelerated into the weekend. This acceleration did not stop until it recorded 2.5% rally for the day. Talks are that both China and the US […]

QUESTION: Well you called this year the political year from hell. You got that one right again. Between trying to figure out the politics in the US, we have Britain in turmoil and Italy trying to figure out if they should stay or go. Hungary becoming more defiant and Sweden swinging to the right. You […]

A strong performance from most Asian markets following the US run. Rather the news than the rumour as many people feared. Both the Shanghai and Hang Seng opened unchanged but from that point on, both made steady progress throughout the day. A strong close for both (+1.2%) after the retaliatory response, but does only appear […]

  The much anticipated and some would say, over expected, tariffs were announced after the US markets closed yesterday (Monday). The DOW had already dipped over 100 points, whilst the NASAQ closed 1.5% lower. It is often the case in markets that the news is more fearful than the act and that is what we […]

Asian markets ended the day strong, with the majority of the broader indexes increasing over 1%. Japanese Nikkei Index rose 1.2% albiet the manufacturing was slightly worse than expected; bringing the index to a 7 month high (Monday is a closed trading day). The exception to this case for a positive Asia was the Chinese […]

  A friend of mine was taking a class in geography in university for the credits. The professor was all about brainwashing the class about Global Warming. The pitch was that with reducing air pollution from cars, it would be possible to save the Netherlands otherwise the seas will rise and the country will vanish from […]

QUESTION: Mr. Armstrong, I think I am starting to understand your view of inflation. It is very complex. I think some people cannot think beyond a simple one dimension concept as you often say. So I am trying to be more dynamic in my thinking process. Here you point out that when debt is collateral […]

According to CNBC, Bob Woodward reported that Trump told Gary Cohn, the former Goldman Sachs/director of the National Economic Council to just print more money to reduce the national debt. Woodward reports this discussion:   Trump: “Just run the presses—print money.” Cohn: “You don’t get to do it that way. We have huge deficits and they […]

Another day and another loss for some core Asian markets as concerns continue to spread. Both Shanghai and the Hang Seng opened weaker, but did mange to recover from the morning lows with even the occasional positive print. Both indices closed down around -0.3% placing them at nearly 14 month lows. The YTD decline for […]

It did look as though we may have seen a better day for core Chinese markets initially, but sadly today was not that day! Having seen positive moves in early trade, price action returned negative following the regional trend. Shanghai (-0.2%) was disappointing but is trending lower as headlines seem to run confidence. The Hang […]