ASIA: US President Donald Trump announced on Thursday sweeping bans on US transactions with China’s ByteDance, owner of video-sharing app TikTok, and Tencent, operator of the WeChat app, starting in 45 days, in a major escalation of tensions with Beijing. Trump said this week he would support the sale of TikTok’s US operations to Microsoft […]

  ASIA: China’s economic growth indicators are lopsided, pointing to possible downside risks for the country in the second half of 2020 as it tries to recover from the coronavirus pandemic, an analyst said Thursday. Recent data showed China’s June retail sales fell 1.8% from a year ago, much worse than the 0.3% growth analysts […]

QUESTION: You said the Dollar Index is not valid because it was based on trade 30 years ago. I seem to recall you had your own index. Would you explain the difference and how has this performed lately? Thank you GF ANSWER: The index we use is based, not on trade, but capital flows. To […]

ASIA: China said on Monday it was firmly opposed to any US actions against Chinese software companies, responding to remarks by US Secretary of State Mike Pompeo that Washington will take action shortly against Chinese firms feeding data to Beijing’s government. Chinese foreign ministry spokesman Wang Wenbin told reporters during a daily briefing that China […]

Trump tweeted about postponing the election due to the mail-in voting without proving who you are. There is a lot of fake news running around claiming that the 20th Amendment to the Constitution says the term must end by January 20th. However, this does not specify which January. The 20th Amendment says: The terms of […]

Goldman Sacks agreed to pay Malaysia $3.9 billion in league with the Department of Justice (who always protects Goldman) in return for Malaysia dropping all CRIMINAL charges against Goldman Sachs concerning the 1MDB fraud. I have reported before that when that deal was coming down, no other firm was allowed to quote the project. The […]

  A reader sent in this photo that was posted at the head office branch of Bank of Montreal in Vancouver, which is one of the largest banks in Canada. This is a trend that is beginning to appear around the world. However, central banks are using the virus as an excuse to cut off […]

ASIA: China has criticized the Trump Administration’s order to shut the Chinese consulate in Houston as an attempt to shift the blame for its failures ahead of the November election, according to state media editorials published on Thursday. China’s foreign ministry, which is threatening “countermeasures,” the Chinese Embassy in Washington said, “We urge the US […]

ASIA: China has warned the UK that it will “bear the consequences” if it continues to go “down the wrong road” on Hong Kong after the UK suspended its extradition treaty with Hong Kong over a new security law that gives Beijing more power. A Chinese ambassador in London said, “China has never interfered in […]

QUESTION #1: Marty, Is there any evidence you are hearing the Lockdown is backfiring in any way that shows this will fail and result in support for reopening the economy here without the restrictions government has implemented across the states? It appears we are at a crossroads with professional sports trying to restart, seen as a litmus […]