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Market Talk – May 12, 2021

ASIA: As with most developed nations, China reported a significant decline in births last year (0.53%). The nation abandoned their one-child policy in 2016 that was put into effect in 1979, however, the population has continued to decline. China’s birth rate was 0.57% between 2000 and 2010, with a total population f  1.41 billion. The […]

Market Talk – May 10, 2021

ASIA: The Chinese yuan advanced to its strongest level since 2018 as it defied attempts by the central bank to slow its gains amid an improving outlook for China’s economy. The currency rose as much as 0.3% to 6.4114 a dollar, the strongest since June 2018, after breaching its previous year-to-date high of 6.4245 reached […]

Supply v Demand – Does It Always Work?

QUESTION: Mr. Armstrong, You say that wheat fell during the Great Depression during the Dust Bowl when supply would have declined. This makes no sense. Would you address that question? KL ANSWER: Your problem is typical in analysis. It appears that 99% of the people always try to reduce some event to a single cause […]

Market Talk – May 4, 2021

ASIA: China urged the Philippines on Tuesday to observe “basic etiquette,” and eschew megaphone diplomacy after the southeast Asian nation’s foreign minister used an expletive-laced Twitter message to demand that China’s vessels leave disputed waters. In a statement, China’s foreign ministry urged the Philippines to respect the nation’s sovereignty and jurisdiction and stop taking actions […]

Market Talk – May 3, 2021

ASIA: A report published by group of analysts says that the “peak” of China’s economic growth has already passed or will soon do so and momentum will only “wane” further for the remainder of the year, after slowing domestic and overseas demand led to lower-than-expected sentiment in the manufacturing and non-manufacturing sectors in April. The […]

Market Talk – April 30, 2021

ASIA: The US and China have long had a tumultuous relationship, but now Beijing has said that it would like to remain diplomatic partners with the US so long as the nation respects its domestic policies. “It is normal for China and the US to have some differences, but the key is to have mutual […]

Market Talk – April 28, 2021

  ASIA: Japanese retail sales rose at the fastest pace in five months in March as consumer demand recovered from the huge hit it took from the coronavirus pandemic last year. The world’s third-largest economy has emerged from last year’s slump on an export recovery, though a glacial vaccine rollout and a resurgence in infections […]

Market Talk – April 16, 2021

ASIA: China just posted its strongest quarterly growth on record as the world’s second largest economy continued its robust recovery from the coronavirus pandemic. GDP growth of 18.3% year-on-year in the first quarter was the strongest since China began keeping records in 1992, and was driven by a surge in retail sales, industrial production and […]

Market Talk – April 14, 2021

ASIA: Investors are putting billions of dollars more into U.S. stock funds than Chinese ones, according to data from fund research firm EPFR Global. U.S. and China stock funds are the two regions that have attracted the most inflows from international investors over the past two quarters, Cameron Brandt, director of research at EPFR said. […]

Market Talk – April 13, 2021

ASIA: China’s exports rose sharply in March while imports growth surged to the highest in four years in yet another boost to the nation’s economic recovery, signaling improving global demand amid progress in worldwide COVID-19 vaccination. The data suggests the world’s second-largest economy will continue to gather momentum as it emerges from the COVID-19-led slump […]