Only one big topic for Asian markets this morning and unfortunately, not a happy one. The uptick in geo-politics dominated everything today and unsurprisingly saw equities retreat, with a rally in gold and treasuries. The Nikkei fell the most of the cores with a decline of 1.3% and saw a strengthening of its currency down […]

New South Wales in Australia has doubled property taxes for foreign real estate buyers. Of course this violates international law, but governments are broke and they are doing their best to destroy the world economy from every which direction. The politicians are responding to Australians who see foreign buyers of property causing a real estate […]

  Many financial firms in London claim to be looking to move to Frankfurt or Paris with BREXIT. They are going to have a very rude awakening. The proposition to demand all euro clearing takes place inside the EU will be the death of Europe – not the rebirth. The dominating position in Brussels among […]

A solid day for Asia with gains for all core markets of between +0.3% in the Nikkei and +0.9% for the Australian ASX. All sectors contributed to the broad gains with no single area playing a dominant role. In China, we saw better than expected PMI which provided the boast many markets were looking for. […]

Our European Tour this season has been very enlightening including meetings with politicians, corporations and many of the top banks. The concern centers around the ECB having to change policy with regard to negative interest rates. The net result has been to create massive hoarding of cash rather than spending cash for the sake of […]

A weak market close for most of the Asian indices today but saw the KOPSI and ASX off around 1.55% the pair. The Nikkei gave up another 0.6% as the yen trade back to the mid 110’s. With Shanghai the only core that closed positive even the Hang Seng fell -0.6%. The sell-off was broad based […]

The dollar correction for this Year from Political Hell is still in motion, but there is no major change in trend that is at hand. In the British pound, the Monthly Bullish Reversal stands at 13485 level on cash.  In the Euro, the Monthly Bullish remains up at 12885 with a Minor Monthly Bullish at […]

  A healthy close for Asia in todays trading after the uncertainty seen from a mixed US session. The large cap DOW recovery helped but it was the broader S+P and NASDAQ that contributed most for Asia’s impetus. The Nikkei only marginally closed in positive territory but it was the fact that it closed above […]

  Government bureaucrats connive ways to gain power as they treat the people like mushrooms — they keep  us in the dark and feed us mountains manure and mainstream media conspire to make sure we remain buried so deep we cannot reach the surface for air. They foam at the mouth of the through of creating […]

Another encouraging session for Asia as the confidence continues, at least until we see something to the contrary later in the week. Many are referencing the bond markets as they watch yields creep higher and the curve start to steepen as an indication that things have finally turned. China’s Shanghai settled small lower but the […]