I really do find it totally beyond belief how even Republicans, such as House Speaker Paul Ryan, are coming out to criticize Trump saying Trump should have blasted Putin for interfering in the US election. He said, “There is no question that Russia interfered in our election and continues attempts to undermine democracy here and around the […]

COMMENT: Sir, Your blog about the “Deep State” being nothing more than the bureaucracy made me laugh. If memory serves, didn’t some of the Chinese dynasties implode because of bureaucracies? Or am I being nearsighted and all governments typically implode because of bureaucracies? On a fractal level, don’t all corporations implode because of their bureaucracies over […]

Despite all of the weekends headlines surrounding US Presidents Trump’s meetings with NATO, UK’s PM Theresa May and then on to Helsinki with President Putin markets maintained calm. The USD remains very well supported, core bonds around the globe held their ground and other than a drift in energy prices, overall we survive in a […]

  COMMENT: This character who pretended to be a journalist was only an op-ed contributor. It is amazing how so many journalists are using this against Trump. They truly are distorting this event and are fake news. PP REPLY: Yes it is really a sad day. I have written OP-ED pieces for the Wall Street […]

Friday the 13th may not be that lucky for some, but that did not appear to be the case for todays markets. Asia built on yesterdays gains with core markets stronger across the region. The Nikkei closed up +1.85%, with only a little added by the -0.4% depreciation of the Yen. Shanghai appeared to struggle […]

QUESTION: What is your opinion of Trump’s Supreme Court pick? MG ANSWER: The main decision that I believe allows us to pierce the veil of judicial reasoning is Susan SEVEN-SKY v. Eric H. HOLDER, 661 F.3d 1 (2011). In this decision, Judge Brett Kavanaugh did not join Silberman’s opinion. Instead, he wrote a sixty-five-page opinion that argued that the court could […]

Many in the market were waiting to hear a response from China today, after the escalation by the US in trade tariffs. However, given their noticeable absence has provided a huge relief for markets and so we saw yesterdays decline reversed. An impressive 2.2% bounce proved wide spread and especially creditworthy when we see that […]

Just when the markets started to rejoice in the fact that there had been no recent escalation of trade wars and then the silence is broken. Early in the Asian trading day the US released a list of additional tariffs which are assumed to total close to $200bn. This number has wobbled equities and put […]

QUESTION:  What is your understanding of the term “Deep State”? Do you think there’s a deep state as it is referred to in the media today? I have come to understand a deep state as meaning the permanent global institutions that are on their directed agenda irrespective of its citizens or their political leaders agendas. […]

The mood appeared constructive in Asia today mostly following on from the late US rally Friday. Lack of any damaging weekend headlines has proved to be a relief and the markets have reflected it. China showed its reserve today with the core Shanghai index climbing over 2.5% and equally impressive, closing at the highs of […]