QUESTION: Dear Marty Following your blog is a good way to counter the propaganda in our society. Today you stated: ‘This was the fate of the hyperinflation in Germany. It was NOT the Quantity of Money theory, it was the fact that there was a 1918 Communist Revolution in Germany where they had even asked […]

QUESTION: Marty; there is another documentary on the Abacus Bank and how they were singled out and charged for the 2007-2009 crash. While they said this was a tiny banks for immigrants that was too  Small Enough to Jail, I found this offensive that they said it was the first bank to be indicted since 1991. Not even Matt Taibbi […]

While some of the news coverage was interjecting global warming as the cause of the storm, in fact it tends to work in the opposite direction. This has been a sharply declining period of temperature. I wrote about how this was the year without an Arctic Summer.  This has been the coldest summer in Europe and even […]

The devastation in the Florida Keys and in the Caribbean Islands has one thing in common. Those houses constructed in wood frames cannot withstand even a Category 3 storm no less a Category 5. To understand the disaster, we have to face the fact that construction standards are critical. Wood houses should be prohibited and […]

As the DXY continued its bounce, so Asian currencies returned their recent gains with the most noticeable move being in the Japanese yen. The currency in late US trading is seen with a 110 handle a decline of 0.6% on the day. The declines were counter-balanced by stocks that all rallied with the Nikkei 1.2% […]

With no missile test Saturday or new geopolitical news over the weekend, Asian stocks opened on a positive note. The Chinese central bank loosened some financial restrictions which also added to the positivity for both domestic and regional markets, combined to support all markets. The central bank move opens the market slightly, returning responsibility to […]

QUESTION: Hello Martin, last week i read on your blog about possible fall in Dow Jones, you said it’s possible that we could see biggest fall ever and that should start this September but today you sad you don’t expect major correction. I’m sure there are many readers on your blog who are confused about this topic […]

COMMENT: I understand what you are saying about lumping everyone together under this DACA program. It looks like Trump heeded your warning despite the fact you say you do not advise Trump. Curious how this time seems he is listening to you as does China. What would you do if you were President? JH REPLY: If I was […]

A lot of the talk in Asia was surrounding concerns over the continued and unsurprising decline in the KOPSI. Today it fell again (-0.3%) with industrials and core exporters leading the decline making this the fifth day sellers have taken the lead role. The Nikkei lost for another day, but this time only a small […]

Am eager to get onto the US’s reaction to weekend events, so will just briefly say that China markets performed on the back of strong PMI data – the highest in three months (52.7 against a previous 51.5). RBA left rates unchanged. The remainder of the trading day focused on US markets reaction to the […]