QUESTION: Mr. Armstrong; I just finished reading the Repo Report. I understand why you are reluctant to discuss this publicly when no one else seems to understand what is taking place. I was referred to it by a friend who is on the board of another company. He informed me that many regard you as […]

ASIA: US President Donald Trump announced a date for the signing of the first phase of the trade deal. He said the first date will be the 15th of January as well as announcing via twitter that he will be traveling soon to Beijing to work out phase 2 of the deal. Taiwanese President Tsai […]

Carlos Ghosn, who was chairman of Nissan and Mitsubishi Motors as well as chairman and CEO of alliance partner Renault, fled Japan where he was out on bail in Tokyo. Ghosn was facing questionable criminal charges regarding under-reporting his salary and abusing his position by transferring personal investment losses to Nissan. Bringing such charges against […]

We would like to wish our readers across the globe a happy new year! Market Talk will resume on January 2, 2020. ASIA: With the year coming to a close, it is the Chinese stock market that performed the best in the region with the Shenzhen Composite rising 35%! The Japanese Nikkei also performed well, […]

COMMENT: Marty, it seems like the world is always following you. Now the Wall Street Journal has come out and said that billions of dollars in cash are vanishing. They are always well behind you no matter who I read. All the best RH ANSWER: Yes, it is interesting. There seems to be a 6 […]

  COMMENT: Thanks so much for your explanation of the Repo Crisis which is now self-evident that the Fed has reversed course and did not cut rates. You are always on the cutting edge and your contacts are revealed in your analysis. PV REPLY: The central bank has been in control of short-term rates, not […]

ASIA: Export figures were released from China this weekend and show that the situation between the two largest economies is getting worse. The exports to the US showed a twelfth consecutive decline. A further round of Chinese tariffs set by the US is also expected to be set by the 15th of December, further adding […]

ASIA: China has suspended a visit from the US Navy in Hong Kong after last week’s passing of the bill which requires the US to annually monitor Chinas compliance with human rights issues. China did manage to retaliate by placing sanctions on a few US human rights groups. “We urge the US to correct the […]

Malaysia won a MAJOR victory in a London court that will allow public hearings in the notorious 1MDB case where Goldman Sachs facilitated what is alleged to be the fraud of the century. In this case, Abu Dhabi’s state investment fund is in a legal battle over how billions of dollars intended for Malaysia’s economic […]

ASIA: Chinese economic news today showed that industrial profits have had the biggest fall since 2011 in October. The trade war is the obvious culprit here with the global economy turning down. The industrial profits are down 9.9% year-over-year, and down 5.3% from September alone. US President Trump announced that he and President Xi of […]