The draconian fear of rising rates being bad for stocks, was flushed through into Asia this morning with all core markets trading heavy. The Nikkei lost nearly 1%, having opened lower it could not find a confident bounce throughout the day. The Yen is treading water around the 114 figure level, but looks to be […]

The Nikkei retreated from its recent highs in cash terms, but is late this evening retaking those losses. The concerns surround the auto and petrochemical industries, but the poor auto sales number certainly did not help key stocks today as Honda dropped 4.3% and Mitsubishi Motors down 3.4%, while Showa Denko fell 5.2%. However, many […]

  Shanghai remains closed but the Hang Seng reopened after its public holidays to a negative mood. The trend remained the same for the day, as bid after bid was hit to close down 2.38% on the day. The news that US Defence Secretary James Mattis proposed visit to China had been cancelled, escalated the rumours […]

The refreshing news that the US and Canada had reached an agreement, that would replace NAFTA, encouraged markets across the world today. Starting in Asia the Nikkei managed to add +0.5% even as Confidence (a Bank of Japan statistic) declined yet again. However, the Nikkei rally was at the expense of the Yen, which late […]

QUESTION: Mr. Armstrong; You do not give much credence to the world returning to a gold standard. Didn’t the entire world use the gold standard before? Thank you for your input JK   ANSWER: The entire world has NEVER been on the gold standard simultaneously. Asia was on a silver standard while the West was on […]

The uncertainty continues for China/US trade talks, but this time because China cancelled the talks. It didn’t help sentiment that some core markets (China and Japan) were closed for public holidays which always hits trading volumes. The Hang Seng opened weaker and just appeared to flat-line for the balance of the day, closing down around […]

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: Marty; Your directional changes are amazing. They signal a change but it can be a turn as well as a sudden blast to the upside. You also mention that this is the worst you have ever seen personally in 40 years on the private blog. Could you elaborate? Thank you for being here. There are […]

  QUESTION: Mr. Armstrong; You have worked with politicians worldwide and both sides. What is your opinion of the politics that has emerged post-Great Depression? LM ANSWER: The major difference between the socialism supported by the Democrats/Labour in Western Society is that to them the individual has no value, it is the collective society, which they then […]

  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 […]