ASIA: China’s released new data today that showed the economy grew at the slowest pace in 27 years, with the trade war with the United States being the prime suspect. China grew 6.2% in the second quarter of 2019, a drop from 6.4% in the first quarter, according to data released by the Chinese government. […]

QUESTION: Dear Martin, First let me thank you for your paradigm shifting blog and the incredible conferences you and your team put together. They really are on a level all their own. As we approach the next turning points in the ECM it seems that there are tremendous cross currents favoring both inflation and deflation. […]

ASIA: White House trade advisor Peter Navarro said that investors should take the news regarding the trade deal with a pinch of salt. “My advice for investors is to be patient with the process and don’t believe anything you read in either the Chinese or the U.S. press about these negotiations unless it comes from […]

QUESTION: I was told that none of the big bankers during the Great Depression went to jail either. Doesn’t the government understand that this is the very image of draining the swamp? DK ANSWER: The bankers own the reign of government from the courts to the White House. In the years that followed the 2008 […]

ASIA: President Trump tweeted today that China has let us (the U.S.) down by not purchasing American agricultural products as promised. This could impact the possibility of an amicable trade agreement. The positive reports indicating progress seem to have no positive end goal. Trump concluded his tweet with “hope they will soon,” a more optimistic […]

ASIA: Russia reported that China has announced plans to open six new free zones as an attempt to open up its economy (with external pressure to do so). China also announced that they will expand the existing Shanghai free zone. Spokesperson Gao Feng said, “China has been opening up more sectors of the economy as […]

QUESTION: Hi Marty, Happy 4th July to you & your team. My question is: Have the Central Banks now created an asymmetric trade (free bet!) with respect to the stock market? It appears they cannot let any market fall. Sincerely, Alan ANSWER: I understand many people always look for some party to blame for a […]

Market Talk – July 9, 2019 ASIA: The U.S. approved a 2.2 bn USD sale of arms to Taiwan, despite China forewarning them not to do so. China is now demanding that the U.S. cancels the deal, calling the U.S. actions a “crude interference” and further stating that it is harming its sovereignty. Elsewhere, U.S. […]

ASIA / AUSTRALIA: China responded to the UK’s criticism of its handling of Hong Kong by telling them that they should not interfere in “domestic affairs.” The UK’s Foreign Secretary tweeted full support for the Hong Kong citizens right for a peaceful protest. In addition, he told China that the way good relations are maintained […]

ASIA / AUSTRALIA: The government of China has told Hong Kong the actions of the protesters who stormed and vandalized Hong Kong’s legislature was “totally intolerable.” Meanwhile, the UK has warned China that serious consequences will occur if it breaches an agreement guaranteeing freedoms in the city. Regarding the US-China trade deal, Peter Navarro, a […]