The solid close to US trading on Friday fortunately had more influence than the concerns surrounding the weekend missile test completed by North Korea. The safety bid appeared to be lost in early trade as we watched the JPY lose ground first thing trading 111.60. Despite the marginal performance of the yen the Nikkei joined […]

Back in October 2015, we reported that “in response to the refugee crisis, the German city of Hamburg has enacted a new law that will enable the government to seize vacant commercial properties to provide temporary housing for refugees. The law will go into effect next and will last until March 2017. Despite the additional […]

Asian cash markets had their second chance today to react to the political shenanigans happening in the states. All cash markets were again marked lower with the Nikkei closing -1.3% and was also hindered by the yens strength; as we saw 110.35 trading in the early session. Considering it was trading with a 113 handle […]

QUESTION: Marty you warned previously that an April high would have the potential to create an important temporary high with a decline into 2018 and then a slingshot up. Is that still a possibility? ANSWER: Yes. We have the S&P500 and the NASDAQ Composite making new highs but NOT the Dow. This raises some concern […]

QUESTION: Hi Martin, It cannot be said enough: thank you for everything that you do. While I would love the opportunity to sit down with you as I have a million questions concerning your excellent posts of today, let me focus in on The Coming Central Bank Crisis. As the Fed begins to unwind its […]

Asian markets performed on the back of a strong US session which in turn was helped by the oil price rally. Having heard that Russia and Saudi had planned production cuts that could run into Q1 2018 we saw renewed confidence as investors moved away from the USD and into Euro, GBP and JPY. The […]

Members of President Trump’s administration denied details of a Monday Washington Post report that during a meeting with the Russian foreign minister and ambassador to the United States, Trump shared confidential information pertaining to an Islamic State (ISIS) threat. The Washington Post wrote: “President Trump revealed highly classified information to the Russian foreign minister and […]

Macron’s funding reveals that elite Socialists were really behind him changing the label to sell a centrist agenda, but in reality, to maintain their agenda. Macron was able to raise funds from French abroad with the promises of change, and this targeted particularly the French who fled Hollande living in London and New York. He did a […]

  I have warned that whenever a government creates a solution to any crisis, that solution becomes the next crisis. This is what I have called the Paradox of Solution.The unfolding of the exit of the central banks from the Quantitative Easing monetary policy will become a much more serious threat to the financial markets than […]

In the Netherlands, the Forum For Democracy leader Thierry Baudet confronted Mario Draghi of the ECB asking that since he had said anyone leaving must pay the ECB and exit fee of whatever they owe, he said the Netherlands had €100bn surplus at the ECB they should get back is. Mario Draghi stated bluntly, NO! […]