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Market Talk — July 11, 2016

After Abe’s comment this was an awesome day for the Nikkei and laid the ground for Asia markets combined. A 4% rally for Japan with a 1.5% improvement for the Shanghai whilst Hang Seng made just a marginal improvement. The Upper House elections saw Japan’s Abe party secure a landslide victory in the Sunday election which promised […]

The Euro on the Brink of Disaster

  We are looking at the collapse of Europe unfold much faster than anyone suspected. I have been warning that the Continental EU banks are in serious trouble. The negative interest rates have devastated Europe. While trying to stimulate borrowers who are not interested without an opportunity to make money, the ECB has wiped out […]

Market Talk — July 7, 2016

A quiet day in Asia is a bit of a relief after all the recent fun and games and that is what we saw today with global markets having behaved themselves and a FED that was more than compensated for, there was really not much to play on and so we saw one of the […]

Market Talk — July 6, 2016

Not a great session for Japan or the Hang Seng with both down around 1.5% a piece. Shanghai managed a better performance closing marginally higher having spent all day meandering around unchanged. The main talking point in Asia was again BREXIT and the GBP under performance so far. Setting another 31 year low (1.2795) concerns […]

Global Debt with Negative Rates Reaches $12 Trillion

QUESTION: Dear Mr. Armstrong, I am really confused regarding long-term interest rates – I had thought they were controlled by the markets – but it seems at time that the central banks control them by buying the governments debt. Can you shed some light on this? Can the central banks just keep printing and buying […]

Emails Expose Hillary & Insider Trading on Greek Bailouts?

The Clinton scandals will provide endless TV entertainment, which may be more like a reality TV show with the Kardashians. Most people think it will be Donald Trump. Trump may give us some frank insults that are badly needed now and then to keep people focused, but the Clintons will provide never-ending intrigue and scandals. Now […]

Market Talk – July 4th, 2016

Despite the election uncertainty resulting from the weekend, the ASX (Australian Stock Exchange) closed better; as did the currency. ASX closed up 0.65%, having suffered an opening wobble but the AUD will be eagerly watched at the RBA meeting – was last seen up 0.6% in late European trading. The Nikkei opened lower but managed a […]

Declining Pound Savior of Britain

QUESTION: Marty It looks like Carney and Osborne are talking the pound down in order to frighten people. Only one of their prophesies have come true – the lower value of sterling. But it is unhelpful that they continue to be negative – even though they’ve proved to have been wrong on all the other things […]

Market Talk — June 30, 2016

With the exception of the firmer Hang Seng (+1.75%), core Asia was pretty much mooted. The big news today was BREXIT again when Boris Johnson withdrew his name for potential Conservative Leader. This comes on the tail of Michael Gove declaring his willingness to throw his hat in the ring. Markets were firmer (around +0.5%) […]

The Pound & Euro For Month-End

We can see that the green uptrend line has been penetrated previously on this decline. Nevertheless, the euro is unable to rally beyond that 116 level where it elected the Yearly Bearish Reversal at year-end. So people have been impatient and expect instantaneous moves despite the fact we warned the euro had to go back […]