All core Asian markets closed down but off their lows. Shanghai was down almost 4% in the morning session and so a -1.3% close almost felt like an up day! All eyes still seem to be concentrating on the RMB against the USD, fixed on every daily move. It is worth monitoring the RMB against a basket […]

Most people are clueless as to the legality of what they are doing when they vote. You think you are voting for a candidate, but you are actually voting for delegates to represent you. The delegates will represent you on the first vote at the convention and then they are free to vote for whoever […]

  Weaker than expected trade data ($32.59bn v Expected $50.15bn) from China saw equities open around 3% down, but that created the day’s low and the market steadied from that point. The Shanghai spent much of the day struggling to recover but recover it did and closed up on the day +0.1%. In Japan, consumer confidence fell […]

Bavarian banks have figured out that negative interest rates are insane. They must pay the ECB to hold their cash. They have decided it is better to store their cash and eliminate deposits at the ECB. These people are just brain dead. They think negative interest rates will somehow “stimulate” the economy. They fail to grasp […]

As we head into 2017, we are looking at the entire world coming undone at the seams. The year 2017 will be the political year from hell because the trend that is unfolding is global. The establishment Republicans are fighting for control of the party to ensure Trump does not get the nomination. Some even […]

Asian cash markets followed their positive futures run from US trading session was met with strong openings across the board. The PBOC set the Yuan exchange rate at 6.5490 and even a ratings down-grade of China could not stop a 4.2% higher close. The Nikkei was also up over 4% but we did see weakness from […]

On the Republican side, the ENTIRE establishment is against Trump. They do not want him in, regardless of the people’s vote. So while they pretend this is a Democracy, it is all about maintaining the status quo in Washington. The voters in all but Texas and Vermont in exit polls said they were mostly looking […]

In Russia, an Islamic nanny beheaded a four-year old child that she was hired to take care of and paraded down the streets of Moscow with the child’s head. The nanny, Gyulchehra Bobokulova, from Uzbekistan has been arrested. She beheaded the little girl, Anastasia Meshcheryakova, who she was supposed to care for. Bobokulova was reportedly shouting, […]

Our long-term projection models targeted March 13/14, 2016 for when the confidence in the EU would begin to crack much more profoundly among the average community. Indeed, the general view about the EU’s future has begun to plummet as reported in nearly every member state (28 in total) with the exception of just a few. The most […]

British schoolgirl Lexie Hill blew politicians away when she made a statement as an audience member on TV. The filmed show was in Poole, Dorset. Lexie confronted Ms. Abbott Elizabeth Truss, Julia Hartley-Brewer, Giles Fraser, and Julian Fellowes. She emphatically stated: “I am sorry, but I can’t accept Liz’s arguments that they are trying to remove the pull […]