COMMENT: You know some people hate you for your comments and views. REPLY: I am fully aware of that. Life is a journey which is a question to understand why we are even here. What is this thing we call life? What makes the word tick? Experience is the great teacher in life. It is […]

What is going on in Spain is the blueprint what what other governments will do. The Spanish people themselves outside of Catalonia are deeply divided. Many see this as offensive and others see the government as offensive. We are looking at the breakup of the USA as well and do not forget the civil war […]

Catalonia voted overwhelmingly to secede from Spain. Of course, the hard line invasion of riot police who beat and threatened the people discouraged many from showing up with the turnout being only 43%. The fascist government in Spain has demonstrated to the entire world that there is a major country risk in dealing with Spain. Any […]

The end of a holiday week for markets in Asia. We have to wait until Monday to see mainland China, South Korea and Hong Kong’s reaction to the US NFP’s release and also the reaction to the turn of the US Dollar Index. Markets that were opened were seeing futures initial response trading firmer as […]

COMMENT: Marty; I get these emails about gold and have to wonder how people can keep preaching the same thing for decades and never be correct once. Now they say in a very simplistic manner the politicians argued that endless trade deficits were immaterial because U.S. exceptionalism allowed America to do what it wanted. If foreign […]

Believe it or not, the latest twist is Marxism provides better sex for women than capitalism. According to the latest study, Eastern women had twice as many orgasms as Western women when comparing the Germans after the Wall fell. What they fail to explain is that you really had no entertainment other than sex. Eastern European […]

Key Shanghai Exchange and South Korean markets remain closed and was joined today by the Hang Seng market too. most of the focus centred upon Australia and the ASX and currency. Weaker than expected Sales data hit confidence and pushed the A$ through the recent 0.78 level to fall 1% on the day. With the […]

QUESTION: Hi Martin, I recently asked an Economist for a major Financial Institute the following question. Will the Fed continue to pay interest on “excess reserves” after they start to reduce their balance sheet? Their answer was yes, as it is a way to control short-term rates for private sector borrowers. I am not able […]

COMMENT: Mr. Armstrong; the Spanish and Italian bonds are getting hit. You were spot on again. RW REPLY:  Yes the peripheral spreads on the Spanish government bonds (at 10yrs) are 8bp wider than Friday close. Italy is also widening – out by 6bp but still early in the trading day just yet. The Spanish IBEX is […]

The Spanish Prime Minister, Mariano Rajoy is becoming a disgrace to the image of a free society and is illustrating what governments do in a Private Wave – they become authoritarian whenever they lose power. Canada and Britain allow separatist votes. Why does Rajoy feel he has a right to kill people who want a separatist […]