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Market Talk- June 27th. 2017

Although the Shanghai index continued its positive trend we did finally see only a minimal advance and then a small set-back for the Hang Seng. An earlier strong gain (+0.6%) in the Hand Seng was lost by the time the market had closed but with numerous unexplained small cap scares, it was not a surprise […]

Britain on the Edge of Collapse?

  So far, Prime Minister Theresa May has been unable to form a majority government. She is now officially on the clock and being unable to strike a deal means her government will fall apart. Negotiations with the Democratic Unionist Party, a far-right Northern Irish outfit whose support seems necessary for her to win the vote, […]

Market Talk- June 23, 2017

Most core markets finished a quiet week with limited volatility and little change. The Nikkei closed small down while the JPY set a similar trend, eventually finishing mid 111’s. A lot of the talk and discussions have been around the Hang Seng and the Chinese markets. Having just included 222 of the core Shanghai this […]

London Fire May Have Been Caused by EU Regulations

It turns out that the Grenfall tower fire may have been caused by Europe’s Global Warming regulations. To fight CO2 climate change, the EU Energy efficiency directive was passed into British law by the Blair Government back in 2010. The directive imposed energy efficiency  to be applied to buildings. They were directed to place cladding on the outside of the […]

Market Talk – June 22nd, 2017

The oil price to continues to unsettle markets and had a particularly heavy influence on European markets yesterday. US held in well but Asia looks to be turning over as we progress through the week. The ASX bounced (+0.7%) from yesterdays lows as the AUD played around unchanged levels (0.755), even as the NZD continued […]

“Meddling” in the 2000 Russian Election

QUESTION: Mr. Armstrong; I watched your movie the Forecaster with great interest. I then watched the Showtime interview of Putin by Oliver Stone. It suddenly struck me that he stated that U.S. intelligence agencies, interfered in the Russian 2000 election. That is why they blocked your movie from appearing in the United States when it was on TV […]

Market Talk- June 21st, 2017

The continued decline in commodity prices and specifically energy (Libya and Nigeria back on track) weighted both on the A$ (-0.4%) and the ASX (-1.6%). Banks, Energy, Financials and Industrials were all under pressure as Asia moved almost in favour of China. China Blue Chips hit a 18 months high after the inclusion into the […]

Market Talk- June 20th, 2017

With so much on the horizon we saw a mixed session out of Asia today. The one key topic all markets makers were looking at was whether China A-Shares would make the MSCI index have missed it for the past few years. Although it will bring added international attention, China’s recent efforts appear more focused […]

Market Talk- June 19th, 2017

A positive start to the week for Asia with all core bourses returning strong one day gains. Hang Seng produced the best close (+1.2%) reflecting much of the closing numbers from the late Friday rally, China core Shanghai closed +0.7% firmer. SENSEX another strong day closing +0.8% higher. Chinese domestic data for New Home Prices […]

Grenfell Protests – May Must Go

  The protests are rising and Theresa May failed to go talk to the people right away while Jeremy Corbyn was there on TV crying with the people. He had proposed refurbishing the government housing and sprinklers should be installed last year and it was knocked down. People are blaming austerity. They are demanding an […]