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Market Talk – July 17, 2020

ASIA: China has accused the Trump administration of being “very pathetic” amid reports that Washington is considering a sweeping visa ban on Communist party members. Donald Trump is reportedly reviewing a proposal to refuse entry for all members of China’s ruling party – which encompasses a who’s who of the political and business elite in […]

Trend in Interest Rates

COMMENT: Marty, Good morning. Repo rates have been creeping up ever so slightly and quietly. Points wise not much, but percentage-wise, numbers are getting bigger. Has everybody been lulled to sleep and looking the wrong way again? Best, E REPLY: The shift from a Public to a Private wave is in full motion. We can […]

Market Talk – July 16, 2020

ASIA: China’s economy returned to growth in the second quarter after a deep slump at the start of the year, but unexpected weakness in domestic consumption underscored the need for more policy support to bolster the recovery after the shock of the coronavirus crisis. Gross domestic product (GDP) rose 3.2% in the second quarter from […]

Market Talk – July 15, 2020

ASIA: The Chinese government has said it is “strongly opposed” to the UK’s “groundless” ban of Huawei’s 5G kit. Foreign Ministry spokeswoman Hua Chunying added Beijing would “take measures to safeguard” the “legitimate interests” of Chinese companies. The US has welcomed the move of Britain to ban Huawei 5G kit and announced new restrictions against […]

Market Talk – July 14, 2020

ASIA: The United States is sending two aircraft carriers into the South China Sea at the same time as China is conducting military exercises in the contested waterway, the Wall Street Journal reported. The USS Ronald Reagan and USS Nimitz would be in the South China Sea from Saturday, the US news outlet quoted the […]

Biden v Hillary

There has been no discussion whatsoever publicly by the Democrats concerning the competency of a Joe Biden administration in Washington. Biden’s competency is one of the early stage of dementia, which is likely a degenerative disorder that will only get worse. Realistically, they have been keeping him “in the basement” because he is just unpredictable […]

Market Talk – July 13, 2020

ASIA: Google will pump in $10 billion in India over the next 5-7 years. The money will be used to invest in local companies and build more localized products. It’s the largest commitment by a global technology major to the country. Google CEO Pichai had an interaction with Prime Minister Narendra Modi to announce this […]

Market Talk – July 10, 2020

ASIA: The United States has imposed sanctions on three senior officials of the Chinese Communist Party, including a member of the ruling politburo, for alleged human rights abuses targeting ethnic and religious minorities in the western part of the country. The decision to bar the three senior officials from entering the US is the latest […]

Risk Seems to be Everywhere

QUESTION: Dear Martin, Thank you for your commitment to helping others through this unsettling time. Long before I found you, I was fascinated with the capital markets and historical financial crashes, in particular. I spent many years on Wall Street (and LaSalle ST) building and marketing trading systems for the listed options industry. Through the numerous […]

Market Talk – July 9, 2020

ASIA: The Chinese and Indian border defense forces have taken effective measures to disengage from front-line contact in the Gallevan Valley on the Sino-Indian border, based on the consensus reached at the recent commander-level military talks, Chinese Foreign Ministry Spokesperson Zhao Lijian told reporters on Thursday at a regular press conference. US President Donald Trump […]