Much of the Asian trading day was over when results began to appear from the US midterm elections and so markets lacked momentum. Early gains were reverted in what we now know were misinterpreted Asian market responses. The USD was sold throughout much of the day, but interesting that the Japanese Yen retained a 113 […]

  On the one hand, the Midterm Elections really mean nothing. The Democrats cannot reverse their declining trend since they peaked with FDR, and the Republicans cannot deliver the final death blow to the Democrats to put them out of their Marxist misery.  While we have provided the target ranges for the vote, we also […]

Vladimir Putin tried to reform Russia’s pensions system which is crumbling as is the case in the West. This giant Ponzi Scheme is collapsing and it has been the heart of Socialism. Putin’s approval rating plummeted this year in the aftermath dropping from 82% in April 2018, dropping to 66% here in October 2018. His decision to […]

Asia woke to the 600 point drop in the DOW and knew it was going to be tough going from the opening bell. The Nikkei probably took the brunt of the punishment falling almost 4%, but what was interesting was that the Yen failed to see the safe-haven bid. The Nikkei is now down over […]

Asia was a buzz this morning having heard verbal intervention in support of further stimulus and possible future tax cuts. This took the core indices from lower to over 5% higher at one stage. The turnaround in China has fuelled confidence around the world helped by positive Italian news and a sway of M+A activity. […]

A weak session for much of core Asia, with almost all markets falling from the opening. Sadly, it is China that leads the way adown again. Many are speculating that it is relation to the FED Minutes and their continued appetite to raise rates which pressures all currencies favouring the USD. The Shanghai index traded […]

A much welcomed relief rally seen in Asia today, which was a refreshing surprise given how most opened. China did publish the best trade export numbers toi the US in sometime, but is being negated by the storey US firms maybe front-loading imports in fear of increasing trade tensions. Steady progress was made from the […]

An independent audit of the key temperature dataset that is being used by climate models has exposed more than 70 problems with the data which render it “unfit for global studies.” Problems include zero degree temperatures in the Caribbean, 82 degree C temperatures in Colombia and ship-based recordings taken 100km inland. The audit has concluded that […]

Asian markets finished positive, but it was only when the US opened did the excitement begin for the day. Europe caught a lot of the declines into their close, so lets just concentrate on developments from there on, especially following growth concerns that the IMF have raised…. We did see PPI (Producer Price Index) release […]

  Some people have asked about the computer projections for a tremendous increase in civil violence. There is absolutely no resolution to the great divide that has unfolded politically. The Democrats advocate violence as Hillary clearly states. She says that civility can ONLY return when the Democrats take back the government. Clearly, this is throwing […]