QUESTION: Mr. Armstrong, the famous economist Paul Krugman says that debt is ok when we owe it to ourselves. He calls it “deficit scolding” as he wrote in the New York Times. Would you like to comment on this statement? GH ANSWER: Paul Krugman seems to lack any historical understanding of how nations rise and fall. […]

  Interesting the price action in Asia following yesterdays events and action. The Nikkei was the only core market to record a positive return today, but probably weighted by the currency decline and safety boost. The Japanese index made steady progress throughout the day to close at the high, which was the complete opposite to […]

We saw an interesting response after the weekends G7 meeting. Despite many negative headlines and a nervous stock opening we eventually saw confidence return and prices built momentum. The Nikkei bounced from a negative opening and rallied throughout the day to eventually close +0.5% higher on the day. Exporters, Technology and Financials all helped gains […]

The uncertain US tech session resulted in negative Asian prices with China underperforming all the region. Core Shanghai and the Hong Kong’s Hang Seng both lost around 1.5% as financials, tech, real estate and energy stocks all traded heavy. We are starting to see a differing of opinion between China and other emerging economies, but […]

Just to Clarify, we are also picking up Capital Inflows from the EU moving into Scandinavia – Denmark, Sweeden & Norway. We also see money moving into Poland and Hungary which appears to be some diversification movement. What has become increasingly apparent is the mere fact that confidence among SERIOUS money is starting to realize the […]

Welcome to the Singapore World Economic Conference June 15/16, 2018. This will be a smaller more intimate session and we will be covering all of Asia. We are providing a printed report with all the Arrays and Reversals for Asia to map out the future. This is a special conference for we will be providing […]

Following a strong US close on Friday and the lack of disrupting headlines over the weekend, including the G7 and so Asia returned a positive session across the region. The Nikkei rallied 1.35% as currency drifted and exporters benefited. The Yen plays at mid 109’s as the US Dollar sees strong demand focusing from the […]

      QUESTION: Dear Martin, Re: Non-Farm Payrolls Blowout All Analysts Show USA is Still Holding Up the World I am been following you for a number of years and believe you to be one of the best-informed analysts in the world. However, your latest email concerning the gobbledygook reported by the BLS for May’s […]

  Asia followed the US bounce opening strong across the region. Dealers were relieved to have seen the US markets rebound after Tuesdays price uncertainty. The Yen returned some of the safe-haven demand and was trading closer to the 109 handle again. The Nikkei regained 0.85% of its losses with financials and exporters leading the […]

Asia responded to the uncertain US session by trading lower fro the open. It was only the Shanghai index that closed on its days low (-2.5%), with other core markets showing little trading range and closing almost unchanged from opening levels. US/China Trade negotiations continue to sway with headlines. Hang Seng held-in a little better […]