The Repo Crisis for year-end has had the Fed pumping in a staggering amount of about $234 billion into the repo markets. They are exchanging high-quality capital for cash to suppress market volatility and maintain the central bank’s overnight funds level, which is used as a benchmark for multiple other short-term interest rates within […]

We’d like to wish all of our readers a Merry Christmas and happy holidays! Market Talk will resume after a brief holiday break on December 30, 2019. ASIA: The Peoples Bank of China decided to keep its 1-year and 5-year loan prime rates unchanged at 4.15% and 4.8% respectively. Meanwhile, China has accused the EU […]

QUESTION: I remember watching a documentary about you where none other than James Comey put you in jail illegally and forced you to admit guilt to some nonsense. Similar to what happened to General Flynn in recent years. Now that the deep state is being dismantled, do you plan on filing a lawsuit against the […]

QUESTION: Dear Amstrong, Thank you for all the training you have been teaching us for years. Even though I have gone through 3 universities and have special titles in economics and finance, only after accompanying you for these 15 years, I could understand a little of the true world in which we live. I have two […]

QUESTION: Marty; It seems when Goldman Sachs makes a recommendation, it tends to be the kiss of death. They came out and said the stock market was going to crash at the end of 2017 just before it broke out. Now they are pitching gold but they have been the ones who controlled the warehouses. […]

ASIA: US and China have passed “phase one” of the trade deal, which has halted the upcoming Sunday tariffs that would have applied tariffs on 160 Billion USD worth of goods. China, meanwhile, has agreed to up their spending on US agricultural products to 50 billion USD in the new year. Trump tweeted that they […]

COMMENT: You may already know this but in case you don’t: this is a prime example of the ‘war on cash’.: Yesterday I walked into my sisters bank (Santander) in the local town in England, a quite affluent town not somewhere deprived. I handed over and politely asked to deposit a mere £200 (that’s two […]

ASIA: More ups and downs regarding the US-China trade deal, with China suggesting they will remove tariffs on soybeans and pork as a gesture of goodwill. Meanwhile, US advisor to the White House Kudlow stated that the trade deal is in a better place than where they were mid-November, but also hinted that US President […]

QUESTION: Good afternoon Mr. Armstrong, First of all, thank you for all the information you give us on your blog so that we who are and live in third world countries like me can understand the behavior of the global economy and especially in the rich countries. The way I approach the issue of the […]

ASIA: China warned the US that a “price must be paid” for the latest sanctions imposed due to the China’s oppression of the people of Uighur decent. It seems this is a step back in the long discussions over the trade war. Japan, under Prime Minister Abe, has approved a stimulus package worth in excess […]