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Market Talk – September 30, 2019

  ASIA: Chinese economic data from last Friday showed that industrial company profits dropped 2% in August from a year ago. It reversed a 2.6% gain in the previous month, indicating growing pressure on the corporate sector as the economy slows further. President Xi of China paid his respects to the founder of the Communist […]

Market Talk – September 19, 2019

ASIA: US President Trump has warned China that they will face a tough trade war. “It’ll be the toughest deal anybody’s ever had to make from the standpoint of China,” Trump said. His warning comes around if China waits to make a deal until after the US general election in November 2020. Today is the […]

Market Talk – September 16, 2019

ASIA: Chinese foreign ministry spokesperson Hua Chunying was quick to dispel rumors that Iran was responsible for the drone attacks on the weekend. “In the absence of conclusive investigation and results, we don’t think it is responsible to blame anyone,” a spokesperson said. “Our position is that we are against any action that aggravates or […]

Is it Our Time to Rock & Roll?

QUESTION: Marty, Sometime you compare today’s financial markets and economy to what was going on in the mid to late 1920s . Woodrow Wilson is even referenced concerning the flight of capital and of course that flight came to the United States. You also say that the global markets and economy are unlike anything in […]

Sunspot & Climate Change

QUESTION: If there are no sunspots, then why do we have the heatwave this summer. What were the sunspots in the heatwave of 1937? Seems like there is no correlation between sunspots and temperature? CM ANSWER: Everything is far more complex than a single relationship. The lack of sunspots relates to the historical evidence that […]

Climate Change Has been a Routine Scare Tactic Since the 1930s

QUESTION: Is there a pattern? C ANSWER: For whatever reason, these people have been promoting that the cities will all sink and we are the cause of it all. They have been touting this scenario since the 1930s when there was the Dust Bowl. It resurfaced after World War II when they were trying to […]

I am in Asia with a Front Row Seat

QUESTION: How long will you be here in Asia? PP ANSWER: It is very interesting that we have clients on both sides of all these disputes here in Asia, except in North Korea. The great concern is that if China did send into Hong Kong troops, would they leave? Would this tip the scales of […]

A Nose for Trading

QUESTION: I realize my opinion is of little consequence; but I find something interesting and needed to share. After doing a lot of backtesting using many criteria over many stocks my unqualified opinion is that no fixed criteria can be used analyze stock charts over time and many stocks. I worked with a well respected […]

The Gold Standard Fell As All Currency Pegs Do

COMMENT: Dear Marty, In your recent blog about BREXIT, and. “Remainers acting in self-interest”, you produced an ONS graph showing UK’s growth rates before and after joining the EU (previously known as the Common Market), and concluded: “Britain has NEVER received a fair deal since joining the EU”. Surely you have overlooked a groundbreaking event […]

Market Talk – August 20, 2019

ASIA: A new report released from Australia highlighted Chinese military force in the region. The report suggests significant improvements in Chinese military capabilities that could overwhelm US bases in the region in a matter of hours. This may indicate that the US stranglehold of the region could be at an end. Perhaps the report was […]