With most of the Asian markets closed, many were expecting a steady, easy opening Monday to start the week. The Nikkei cash managed a close above the much talked 17k level (+1.1%) and even saw the ASX clamber into an unchanged close. However, just 90 minutes into the European session dealers remarked that Bank stocks […]

Japan took a turn for the worst today led predominantly by Exporters (Toyota, Nissan, Honda) all down around 5.5% but even they were led by the Nobel House (Nomura). Nomura reported a 49% drop in Q3 profits and then saw its shares plunge 10.2% in todays trading. The Nikkei closed down -3.15% on the day […]

Japan opened weaker (mostly following the poor close on Wall Street) but was also influenced by the poor Retail Sales (Est -0.1% v’s actual -1.1%). However, after the initial shock prices recovered on rumors of additional stimulus expected to be announced tomorrow (following its two day policy meeting) but even that could not stop the Index […]

Asia’s response to the late U.S. rally in stocks was to play catch-up this morning with all core indices closing up around 1% (roughly where they opened). The ASX followed the surge in oil prices with a gain of almost 2%. Rumors around the market that the BOJ has furthered easing plans helped sentiment, so […]

QUESTION: Marty, now the OECD is predicting a financial crash worse than the 2007-2009 event in Europe because they say there is over €1 trillion in bad loans that cannot be collected. They seem to be also changing their opinion to fit your model. Were they there in Berlin? ANSWER: We cannot comment on if the OECD is following […]

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 economic data released from China earlier this morning has been the most talked about economic topic across almost every trading desk today. China’s Q3 GDP resulted in a small beat at 6.9% (expected 6.8%), and the September Retail Sales also slightly better at 10.9% (expected 10.8%) and then finally September Industrial Production released 5.7% against an estimated 6.0% expectation. All rather disappointing really – well, as […]

To make a market peak in a phase transition, the 99% must be bullish. Likewise, to create the low, the 99% have to be bearish. This is simply the way markets function. Now we begin to see the bearishness rise in the precious metals because quite frankly, the gold promoters put out such total bullshit […]

Here are the participants for the Bilderberg meeting over the weekend in Tirol, June 11-14. Bilderberg is named after a hotel chain where the first meeting took place  May 29-31, 1954, in Netherlands. As the G7 summit of the Seven Dwarfs closes, another opens. Thursday sees the start of the influential Bilderberg policy conference, which will be held […]

Judge Richard Owen Appointed to Bench by Richard Nixon Judge Owen – Dementia Police misconduct is everywhere and nobody seems willing to prosecute any officers for outright murder. This same code of protecting their own exists even more so among judges. After watching the “The Forecaster”, many people are shocked at how Federal Judges are […]