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Market Talk- November 29, 2018

The Shanghai index managed to hold onto gains for longer than the Hang Seng, but eventually both closed negative. Talk is, that a US/China Trade deal would be forthcoming but with a distinct lack of detail and a possible misinterpretation by markets. Core Shanghai reacted most with a 1.3% decline, while Hong Kong held in […]

USA v Euro Capital Flows

  QUESTION: Mr. Armstrong; Your forecast that the capital flows would shift from the EU to the USA I believe has been confirmed by both the European bond markets and share markets. The German DAX is trading below the low created in 2017 while the USA is trading above it. Is this confirmation that your […]

Central Banks Looking at Creating Their Own Cryptocurrencies

The IMF has recommended that all Central banks should issue their own cryptocurrencies. Indeed, they are looking at using Block Chain to keep track of taxes and to enforce negative interest rates with cryptocurrencies which would allow them to impose negative interest rates whenever necessary. With adopting cryptocurrencies that governments would control, we will come one step closer to losing all […]

Market Talk- November 23, 2018

Often, when a major economy is out markets are quiet and that is exactly what we have seen the past two days. Thanks Giving in the US and national holidays in Japan has kept global markets quiet, closing almost unchanged from midweek close. Additionally, with such uncertainty surround Trade talks and BREXIT negotiations it endorsed […]

Goldman Sachs Going Down on the Pi Target?

The Abu Dhabi sovereign wealth fund sued Goldman Sachs on the Pi Target, Wednesday, November 21st, 2018,  for allegedly conspiring against the Middle Eastern fund to further a criminal scheme by Malaysia’s scandal-plagued 1MDB. The suit, filed in a New York court on behalf of Abu Dhabi’s International Petroleum Investment Company (IPIC), names Goldman Sachs […]

Market Talk- November 20, 2018

The 3% decline in the NASDAQ and the 1.65% fall in both the S+P and DOW continues to nerve global markets and today was no different. Technology indices are affected across the globe, but then they have been the hot topic for a few years now. In Asia it was no different today with China […]

Market Talk- November 19, 2018

A quiet yet steady session for Asia as continued news of Sino-US trade talks probably hinder progress. What we continue to see recently though, has been the progressive move into the US Dollar. Again today the move fluctuates along with equity movement. The Hang Seng and Shanghai indices managed a near 1% return despite both […]

Market Talk- November 15, 2018

Asia traded reasonably well following the US volatility, with core China indices closing over 1% higher following encouraging Trade headlines. Talk is that discussions between the two are progressing – or even that they are communicating! However, the main topic happened later in early London trading so lets just jumped ahead to todays hot topic […]

Goldman Sachs – Preparing for Waterfall Event?

The rumor mill has been hot concerning Malaysia and Goldman Sachs for the past two years. As it was turning into a criminal investigation Lyod Blankfein coincidently decided to step down at age 63. That was announced last March when he said he would step down by the end of the year. Then in July, Blankfein […]

The Distrust of Government

  In Florida, the vote was very close. Ron DeSantis got nearly 40,000 more votes than socialist Andrew Gillum in the Florida governor’s race. Then Rick Scott over 15,000 more votes than Bill Nelson in the Senate race. Florida’s secretary of state ordered a recount Saturday afternoon for the elections for governor and U.S. Senate. Both races remain within the 0.5-percent […]