ASIA / AUSTRALIA: There are reports emerging that China could cut off U.S. supply of rare earth elements, which are essential for use in weapons, cell phones, hybrid cars, and magnets. Recently, President Xi spoke out stating there was a “new Long March” and China “must start over again,” which signals a longer than expected […]

There is a lot going on in Britain. Many fear that Jeremy Corbyn will now win because Theresa May has made a real mess of BREXIT. Consequently, the Telegraph is reporting that Britain’s wealthiest individuals are preparing to leave the country. The fear that Corbyn will take over Britain as the prime minister is rising. […]

ASIA / AUSTRALIA: Luckin Coffee, a Chinese coffee company (whom many consider growing competitor to Starbucks) successfully raised 651 million in an IPO in the US. The stock initially rallied up from $17$ to $25, and closing the day just over $20 (+19.88%). The global markets slipped today over reports that the US and China […]

ASIA / AUSTRALIA: After President Trump’s national emergency call over IT technology, China has threatened to retaliate against the US with sanctions. China sees America’s action as an attempt to restrict international trade by prohibiting the Chinese technology giant Huawei. There also seems to be a trend in China where people are calling for a […]

ASIA / AUSTRALIA: President Xi Jinping urged fairness and openness when he was presenting at a conference on Dialogue of Asian Civilizations in Beijing. “Thinking that one’s own race and culture are superior, and insisting on transforming or even replacing other civilizations, is stupid in its understanding and disastrous in practice.” He further added, “There […]

ASIA: As mentioned in yesterday’s MT, the U.S. raised tariffs on China after the most recent deadline of 12 midnight eastern had passed. Trump earlier this week said that he was frustrated by the lack of progress (regression) in negotiations, while today he stated there is no rush to the ongoing talks now that the […]

ASIA: China and the U.S. entered the day with just one day left to agree to a trade deal before the U.S. imposed tariffs on $200 billion dollars’ worth of Chinese goods goes up from 10% to 25%. Chinese Premier Liu is in the U.S. meeting with trade negotiators in an attempt to resolve differences, […]

QUESTION: Hello Mr. Armstrong; Rome was fantastic!. I find it very interesting that you hold the conference on the dates when the markets hit their peak and I come back and Monday we start the decline that you cautioned us that we could see at the conference. Was this planned:)? Cycles are amazing and now […]

ASIA: US trade representative Robert Lighthizer has accused China of backtracking on agreement within trade talks but has insisted a deal with China is still possible. Vice Premier Liu will be visiting Washington this week. More in US section below. In other news, China will not take part in three-way nuclear talks with the US […]

ASIA: Japanese PM Abe has been in advanced talks since the beginning of the week with European Leaders, discussions about protectionism and free trade agreements were at the forefront of the conversation. Due to current trade agreements savings in excess of 1.1billion Euros for European businesses exporting to Japan. The backdrop of the conversation was […]