It is probably no surprise that markets are quiet ahead of the Federal Reserve announcement which is probably about to dictate the next chapter in the storey. Both the Shanghai and Hang Seng closed marginally firmer (+0.3%) on the day but added to the Asian mix is the Bank of Japan’s monetary policy meeting also […]

Tokyo cash played catch-up today, after yesterdays futures increase, with the Nikkei cash closing almost 2% higher on the day. The Yen continues to play around the mid-high 111’s with important month end numbers being watched closely. With September also being quarter end and the FED decision only hours away, this is likely to set […]

QUESTION: Hello Marty. I so appreciate your blog and Socrates, which is helping me steer through these crazy markets. I’m a Canadian taking care of all my family’s investment accounts, and knowing what’s coming down the road, I’m very concerned I’m going to take a misstep, especially with my children’s accounts. I haven’t been doing […]

QUESTION #1: [_____] says that the dollar will collapse because with the debt ceiling gone – no more buyers of Treasuries in the markets and only the Fed Reserve buying – inflation goes to the wazoo. All over USA. care to comment? ANSWER: Total nonsense. The USA debt of $20 trillion is a tiny fraction […]

QUESTION:  I wonder if you would care in a future blogpost to cast some light on the following? The sole ‘legal tender money’ in the final analysis is the FRN (Federal Reserve Note — coins aside) collateralized by the Fed’s assets.All other ‘money’ is private bank credit money or suchlike,including Money Market Funds and other […]

QUESTION: Dear Mr. Armstrong, I have been reading your blog for over a year now. Your posts are a superb read and one of the first things I check every morning before leaving for work! Although I admire your work and writings a great deal, I’m sometimes surprised by the level of certainty you seem […]

Welcome to the reality of the Digital World and there are those in government who want to eliminate cash and force everyone into electronic deposits. Well the new data breach at credit bureau Equifax appears to have affected up to 143 million people. On top of that, Equifax has been slow to deal with the issue. […]

QUESTION: Dear Martin,   With the U.S. stock market hits all-time highs, some sources say a lot of smart money is pulling out of the stock market and piling into private equity. One of the reasons being increased regulation making many companies choose to avoid the hassle to go public and stay private.   The […]

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 […]

Think we should just probably forget the Asian session as all were waiting for the US numbers and hoping for some direction as a result. mixed cash session but we are seeing some positive moves in futures following the US numbers. Europe sees the core perform (CAC and DAX both around 1% better) while the […]