This week all eyes will be focused on Central Banks, namely the BOJ, RZB and time again for the Federal Reserve. Stocks have started the week on a nervous note with all core markets falling as talks of further easing weighs on sentiment. The Nikkei and HSI both attempted early recoveries but to no avail […]

  Merkel’s invitation to Muslims to come to Europe without limitation has destroyed the very fabric of Europe. Now, Austria’s Freedom Party, an anti-Europe and anti-immigration far-right political party, won more than a third of the vote in the presidential election on Sunday. This should be no surprise. Norbert Hofer will now face an independent […]

We are facing a pension crisis, thanks to negative interest rates that have destroyed pension funds. Pension funds are a tempting pot of money that government cannot keep its hands out of. The federal government of Canada, for example, is looking to reduce the cost of government by shifting Canada’s mounting infrastructure costs to the […]

QUESTION: Mr. Armstrong; I have read your thesis on global warming and that this is only part of a natural cycle. I admit that you have persuaded me whereas the claims are false especially that New York City should have been under water by now according Al Gore. You mentioned that there was global warming which […]

Obama went to London at the request of David Cameron and the EU Parliament. Obama joined the scare tactics in an attempt to frighten the British into giving up their sovereignty to Brussels. He used the TTIP trade deal, which the French want to block, and said the agreement is why the Brits should stay in the EU. […]

A little overdue but today we heard from the Bank of Japan and possible proposals to take rates even further negative and the likelihood banks passing these levels on to end retail. The Nikkei obviously liked it rallying 1.2% on the day whilst the Yen weakened over 2%. Both the Shanghai and HSI had mixed […]

Tensions are starting to rise between Germany and the ECB because Draghi will not admit his negative interest rates are causing an economic meltdown. “We continue to expect them (interest rates) to remain at present or lower levels for an extended period of time, and well past the horizon of our net asset purchases.” Draghi is absolutely […]

Hang Seng decided to join the Nikkei’s performance overnight with both indices returning a 2% gain for the day. Sadly, the Shanghai was unable to join the fun with that market eventually closing down -0.7%. Actually, that was a result as earlier in the day it had been down 4%. A large shortage of liquidity […]

Nikkei opened well and also saw a retracement of the JPY, but unfortunately, other Asian indices did not follow suit. Having seen a 0.5% gain in the first hour of trading, we spent the rest of the day drifting back to almost unchanged. Shanghai and Hang Seng, meanwhile, were hit from the opening and really […]

QUESTION:  Dear Martin and co-workers, Firstly, I want to express my appreciation for the writings at the blog (it opened my eyes! and I am very much awake now) and I read a daily. I am a stay-at-home-mother, artist, and I had never before gained knowledge about economics , it’s corruptive nature, and leading role in […]