The Nikkei strength was the exception in Asia today, as all other core markets closed lower on the day. The Japanese index benefitted from the weakness of the Yen, which at one stage looked as though it may challenge the 111 handle. Even this evening in US trading it remains vulnerable as the safety bid […]

Naturally, the majority had to be wrong that the dollar was in this inevitable bear market. These prognostications were typically those who kept cheering gold higher and ignore everything else on the silver plate of politics. The implications of the Italian elections have been ignored by so many. They were a major blow against the European Union […]

The turn in energy prices and the rise in bond yields has started to affect global equity markets once again. In yesterdays US trading, treasuries opened weaker and just kept nudging higher. US Tens hit 3.095% which will also apply indirect pressure on Europe and EM bonds. The question is, was this the reason we […]

QUESTION: Hi there Mr. Armstrong In attempting to synthesize some of your past comments, I wonder if it is accurate to conclude that rate hikes are the lesser of two evils between collapsing pension funds and higher debt servicing costs? If so, the implication is that budgets don’t matter, since it appears you can add another […]

QUESTION: Hello Marty I am hoping you will print this in your blog. Everyone knows that Govt’s/Banks print money out of thin air and then “owe interest” to this invented money. To avoid an interest payment death spiral why can’t all the Govt’s in the world just tell the banks to pound sand? Why can’t […]

A solid performance from Asia with energy, tech and real estate leading the Hang Seng to another 1%+ return day. Although the HSI was the front runner, there were good gains made for all the core. Sentiment in mainland was probably helped by a tweet over the weekend by President Trump suggesting ongoing trade negotiations […]

COMMENT: You always support the rich and never see what they do to the rest of us. LW ANSWER: You simply believe the propaganda of governments. The rich get richer by INVESTING in assets. They list Bill Gates among the top in the world. Do you really think one gets rich by making more per […]

Shanghai finished the day with a small loss (-0.35%) and the ASX closed almost unchanged, but all other core markets saw very strong returns. The Nikkei led the bunch with an impressive +1.2% gain, whilst the Hang Seng and SENSEX both added around 1%. Hong Kong’s rally today completed five days of positive returns taking […]

QUESTION: why national debts eventually default Martin to answer this question you said: we need to introduce currency. France and Germany were less impacted by converting to the Euro than Greece, Italy, Spain, and Portugal. Why? Currency Inflation! My question is if it is not the quantity of money that is making $1 million buy […]

QUESTION: As a retired pensioner and avid follower I’d like to thank you and your team for the free analysis you provide. Is there any way you would consider making deeper analysis available to individuals, on a severely restricted income, after some kind of “vetting” process to ensure it would not be abused. I believe […]