Here is a picture taken from a reader in Hamburg. The degree of violence rising in Europe and in the United States post-Trump election, have been organizing the youth. I have warned that revolution always comes from the youth so this is not something we should push aside lightly. It was wisely summed up that […]

The better than expected GDP release we saw from China was unfortunately, only a positive influence for a short period, then profit taking and summer liquidity took over. Shanghai has had a good run so far but having had the Index inclusion and probably suffering from a stronger currency. Second quarter released at 6.9% compared […]

A number of people have asked about Elon Musk’s reference to us already being cyborgs and the possibility of humans being transformed into house cats dominated by Artificial Intelligence. Despite his reputation, his thoughts seem jumbled. I have been involved in developing AI since the 1970s. In coding the Socrates systems, I have not found […]

The second day of Chair Janet Yellen’s address and the Asian markets liked what it heard. Although, Chair Yellen did remark that attaining a 3% growth target would be challenging the markets appeared to take it in its stride as they awaited US inflation data. All core Asia closed better with the Australian ASX (+0.5%), […]

Reflected in Wednesdays late US futures trading Asian indices responded with a strong opening theme. China’s Shanghai found additional support from the Trade data releases much stronger than had been forecast. Exports were released 11.3% with Imports at 17.2% whilst the forecasts had been 8.7% Exports and 13.1% Imports. Shanghai closed +0.65% higher with the […]

The destruction of Hamburg has been massive as photographed by DWN. There is much going on behind the scenes politically with the focus now on intensely monitoring and censorship to be imposed. The degree of violence many view as unprecedented since the raid on Jewish businesses during the Nazi era. Inquiries are now looking into […]

The Spanish region of Catalonia is preparing to hold a second referendum on separating from of Spain on October 1st, despite warnings from Madrid. Naturally, the EU is against any such separation. However, the regional tensions are historic and Catalonia is the rich and prosperous region of Spain with Barcelona being perhaps the most beautiful […]

QUESTION:  Hi Marty – Question: You have blogged about the pension crisis and how Illinois and California on the brink of bankruptcy. Does this mean that other states which you don’t mention, like Florida, Texas, and New York, are financially sound and are going to be able to pay out pensions to their retirees for […]

Turkish President Recep Tayyip Erdogan said he would not ratify the Paris Climate Accord unless Europe paid all costs to Turkey. France agreed to pay Turkey compensation for the cost of implementation when signing the agreement. If Erdogan does not receive any financial funds, he said that his Parliament will not ratify the treaty.  Erdogan […]

We start the week with mixed session from Asia as Chinese reserve data showed small increase and the general trend of acceptance for Chinese 5% growth. The Japanese yen continued its decline breaching 114 and even in late US trading had was last seen around the 114.25 level. The Nikkei edged better but a small […]