As you would expect the topic conversation this morning has been the German election and the re-election of Angela Merkel. The highlight was always going to be the percentages of the peripheral parties and that is what we saw. Markel’s CDU party was the big loser yet retained victory for the fourth time. This result […]

  Theresa May’ Florence speech is being seen by many as a betrayal of BREXIT. Instead of getting on with it, she has said that there will be a longer transition period even two years beyond 2019 into 2021. She said that Europeans will still be able to come and work in Britain into 2021 […]

The German Bundestag election campaign has seen a total black-out of any discussion of the major crisis that is building in Europe. Nobody is mentioning that Euro crisis, ECB monetary policy, disintegration of the EU, refugee crisis, pension crisis, the municipalities on the brink of insolvency, or the drastic increases in taxation coming AFTER the election that […]

The one thing I have always said, markets never lie. The fact that Spain is showing that its government is still fascist is reflected in the performance of the share market. Spain has never exceeded its 2007 high and it is warning that a lower closing for 2017 may just see this market collapse into […]

The Spanish government is facing the real moment of truth. It is displaying that it is by no means concerned about human rights nor is it a true democratic system. Spain has reverted to Franco fascism as now more than 40,000 people have gathered in Barcelona to protest over the Catalan independence vote being shut down […]

After the unchanged call from the Federal Reserve, within hours we hear the same from the Bank of Japan. Asian equity markets drifted broadly lower with profit-taking the main reason behind many of the moves. The Nikkei continues slightly under recent highs with another small gain (+0.2%) to add to recent advances and was helped […]

It is probably no surprise that markets are quiet ahead of the Federal Reserve announcement which is probably about to dictate the next chapter in the storey. Both the Shanghai and Hang Seng closed marginally firmer (+0.3%) on the day but added to the Asian mix is the Bank of Japan’s monetary policy meeting also […]

QUESTION: Re: Am i certain about the Strong Dollar? Hi Marty, great blog posts and response. I think after reading this blog posts, the question on everyone’s mind is, what is causing the outflow of capital from the USD? And where is capital concentrating in right now? Is it the Euro? The Bunds? Gold? And […]

Violent protest are starting to rise in Germany against Federal Chancellor Angela Merkel. Keep in mind that Merkel has never won 51% of the popular vote. She rules Europe solely by a coalition. DWN reports that she was confronted with shouts of  “Hau ab!”, whistles and “hatred”. They are appearing with poster reading “Merkel hatsten Deutschland”.  It is […]

Having seen the US markets close on a high note Asia saw a little nerves appear at the opening but at least we are back to focusing on markets rather than having to price-in geopolitical risks. It was the Nikkei again that returned the best of the core (+0.5%) and this time with the currency […]