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Market Talk – April 4, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 99.27 points or 0.35% to 28,287.42 Shanghai increased 16.16 points or 0.49% to 3,312.56 Hang Seng decreased 134.59 points or -0.66% to 20,274.59 ASX 200 increased 13.00 points or 0.18% to 7,236.00 Kospi increased 8.17 points or 0.33% to 2,480.51 […]

Ukrainian Refugees in Munich – A Real Crisis

COMMENT: Hi Martin, I live in a commute in Munich in a nice neighborhood, I pay around 700 EUR rent for the smallest room, but we have a garden – and live with a few Ukrainians. They are very nice, seem like reasonable folks. What I’m worried about though is the refugee system we have […]

The End of the Petrodollar?

Another oil deal has been initiated without the use of the dollar. The India Ministry of External Affairs (MEA) announced that their latest trade deal with Malaysia would be settled in Indian rupees. “This initiative by the Reserve Bank of India (RBI) is aimed at facilitating the growth of global trade and to support the […]

Market Talk – March 31, 2023

ASIA:   India’s unemployment rate rose to a 16-month high in December as job creation in the slowing economy failed to keep pace with the growing workforce. The overall unemployment rate increased to 8.3 percent, up from 8 percent in November, according to data from the Centre for Monitoring Indian Economy Pvt. Ltd. That’s the […]

Market Talk – March 30, 2023

ASIA:   Chinese Premier Li Qiang said on Thursday that he was committed to opening up and reforming the world’s second-largest economy, seeking to win over foreign investors even as trade and geopolitical tensions with the West loom large. Li, who spoke alongside the prime ministers of Malaysia, Singapore and Spain, earlier this week told a […]

Market Talk – March 29, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 365.53 points or 1.33 % to 27,883.78 Shanghai decreased 5.32 points or -0.16% to 3,240.06 Hang Seng increased 407.75 points or 2.06% to 20,192.40 ASX 200 increased 16.20 points or 0.23% to 7,050.30 Kospi increased 8.98 points or 0.37% to […]

What will Become Money Post-2032?

QUESTION: Hello Martin, Been reading your writings with keen interest for over 15 years now since while you were incarcerated. My question is: The way you paint a picture of the past economies going back hundreds and thousands of years through the discovery of coinage hoards is brilliant. How will a future “Martin Armstrong” from say […]

Paris on Verge of Revolution?

  We have been getting readings in France keeping us up to date in this huge Pension Protest and many see this as rising tension toward Revolution. While politicians dump money into Ukraine with no accountability whatsoever, they turn on their own cities and tighten the economic screws. There is no question that Socrates has […]

Market Talk – March 28, 2023

ASIA:   The US and Japan have agreed to not impose export duties on critical minerals needed for electric vehicle batteries. The agreement is aimed at reinforcing supply chains and reducing dependence on China, which currently dominates the sector. The US law requires 40% of critical minerals in eligible EV batteries to be extracted from […]

Market Talk – March 27, 2023

ASIA:   Local governments in China are facing a debt crisis, with direct debt exceeding 120% of revenue, which is more than what Beijing has unofficially said is an acceptable debt level. The country’s explicit local government debt nearly doubled over five years to the equivalent of $5.14 trillion last year, and there are rapidly […]