Despite the low volume, we saw a positive rally across Asian equities with all markets closing around 0.5% or higher. The PBOC set the yuan rate at 6.486, the lowest since mid-2011, but marginally weaker than yesterday. In Europe, markets moved ahead with the DAX, FTSE, and CAC all closing higher by around 2%, the […]

The Dow Jones Industrials still remains in a bullish posture on a broader perspective. The real critical support will lie at 16500 and the Panic Support is well below the market at 13100. Panic Support is the level, if breached intraday, where a Panic Crash unfolds. That is the real important level for 2016, but […]

Holiday volume and poor order flow was the name of the game today and can probably be expected for the rest of the run into New Year. In Asia, China’s Shanghai lost 2.5% whilst the Nikkei made a small gain of 0.56%. In European trade, the oil market was the topic of conversation as it […]

China is demonstrating that it is more practical than anyone else in the industrialized world. They have announced that they will “reasonably” set limits on new local government debt in 2016. Finance Minister Lou Jiwei said at a work conference in Beijing on Monday that they will actually limit local debt; something nobody else does. China […]

Landlords are joining together to challenge the Conservative’s (i.e. Tory’s) tax hike by filing a suit in the high court against their tax increase on “buy-to-let” investment properties. One of the reasons I have stated that Maggie Thatcher herself would have broken away from the Conservatives and started her own third party is demonstrated by this […]

QUESTION: Hello Marty Great conference! If the EM Debt implodes wouldnt the stock markets of those counties rise?? If the stocks from the EM markets did rise would they rise faster than the decline in their currency to the USD?? Thanks CW ANSWER: Yes. Normally we experience currency inflation, which is the rise in assets […]

For the last several year, the youth in Corsica have been clashing with police in a separatist protest. This is the youth uprising — the lost generation that socialism has turned into economic slaves. Some 500 young people responded to the call for independence from France. This is a rapidly building movement, especially since the War Cycle […]

QUESTION: Marty, you know which bank I am at. You also know the Fed has been going around warning banks that their models are wrong and they will not see a flight to quality being the 30 year bonds. Yet Yellen seems to also say she does not believe in inevitable cycles. They are saying […]

QUESTION: Did you contradict yourself when you said a higher dollar will weaken US economy? Then you said interest rates will make stocks rise? ANSWER: No. What you have to grasp here is that the stock market can rise for two entirely different reasons and it depends upon the mix of trends. 1) The normal market […]

First of all, someone is claiming that I put out some recommendation on DUST. I have NEVER recommended such an ETF and this appears to be a deliberate attempt to mislead people. You can search this blog; I have never made any recommendation involving any specific ETF. The motive behind this scam is curious to say […]