When we look at the markets and try to ascertain the long-term direction, we must look at politics closely, for this holds the key. First, this is a Private Wave and that means the confidence in government is collapsing. Hence, the question for the direction of stocks, gold, interest rates, and the world economy, all […]

QUESTION: Hi Mr. Armstrong, You mentioned the crash and burn applies to government assets, not private sector assets. Can the private sector stand on it’s own two feet? Thanks again, MB ANSWER: There are times when the private sector cannot stand and everyone runs to bonds/cash. Likewise, there are times when government can no longer stand […]

The weaker USD was blamed for the rally seen in Asian stocks today, with many also saying it was about time! The mood within Asia certainly feels nervous and even with the BOJ press conference, the trend remained to purchase Yen as a safety option. Towards the close of the US session however, after a […]

QUESTION: Hi Martin, How is the dollar supposed to continue to rise when Trump and all of his cabinet members want a weaker dollar? They constantly blame others with currency manipulation, all the while they are in fact manipulating the dollar lower with their comments. Hello pot, meet kettle!!! The last 2 Fridays the dollar has […]

Another quiet session for Asia with closes small mixed. Toshiba was again a talking point after it lost 12% in todays trading with the added possibility that it may delisted. China’s President, Xi Jinping, commented recently concerns surrounding President Trump and his views surrounding US trade partners; guess this will be hotly debated come the […]

Another quiet trading session for Asia resulting in mixed signals with little headway made. All core markets closed within 0.10% of their previous close. China Industrial production rose (6.3% while estimate were 6.2%) for the first couple of this year but were disappointed as Retail Sales released at 9.5% against an expected 10.5%. The BOJ will […]

This is the year of political hell. The question is not about supporting one side or the other. This is a time that calls for us not to be small petty creatures but a case that requires rational human beings, which seems to be more impossible with each passing day. Never did there arise a […]

It has been a wild week for many markets but will probably be remembered for the week European government markets were given permission to turn. With that Asian markets closing on a quiet note but ahead of US Non-Farms that was not a surprise. From its highs oil lost 10% at one stage and even […]

Markets and sentiment did not do too well in Asia today after the decline in the oil price yesterday. Energy stocks were hit as were commodity relations as we saw mixed data out from China and weaker JPY. China released better than expected Producer Price Index but was countered by slower than expected Consumer Prices. […]

There was plenty to get excited about today, from Asia all the way through the time zones. First up came the Chinese Trade data and the surprise that Imports outpaced Exports giving them a deficit of around $9.1bn for the first time in over three years. However, many see this as a seasonal adjustment and […]