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Understanding the Repo Crisis

COMMENT: Marty, thank you for a great conference. The comments out there on the liquidity crisis have been just domestically focused. Thank you for keeping my eyes focused on international events and your analysis about the crisis at Deutsche Bank GH REPLY: The raid on Deutsche Bank in Germany back in September over the money […]

The Whistle-Blower’s Lawyer Called for a Coup back in 2017 Against Trump – That’s Impartial?

The attorney for the claimed whistleblower against President Donald Trump that the Democrats are desperate to try to hide his identity, Mark Zaid, defended his tweets calling for a “coup” against President Trump. Zaid claims to be nonpartisan but he is obviously not when he calls for a coup against the president of the United […]

Market Talk – October 31, 2019

ASIA: The US is not the only one suffering the ill effects of the trade war, as China announced its sixth consecutive month of manufacturing declines. The purchasing managers’ index (PMI) fell to 49.3 in October from 49.8 the month prior. A reading below 50 signals a contraction. Non-manufacturing fell as well to 52.8 in […]

Governments Ask Facebook to Create a Backdoor to See What you Say

According to the Guardian, the United States, United Kingdom, and Australia are looking to pressure Facebook to create a backdoor into its encrypted messaging apps. The governments, as always, want to access everything everyone says under the pretense of terrorism. However, once that is achieved, then it will be used for hunting taxes which they […]

Market Talk – October 16, 2019

ASIA: The US-China trade deal has been split up in two phases. Phase 1 is expected to be passed soon and entails pushing back the December 15th tariffs on Chinese goods. Phase 1 will introduce China to promises to protect US intellectual property rights, as well as increased purchases of US agricultural products between 40-50 billion […]

Market Talk – October 15, 2019

ASIA: China talked positively about trade with the US, saying they will step up purchases of US agricultural products. Chinese foreign minister Geng Shuang stated that the US and China are on the same page to reach a deal. He mentioned how a deal will have an importing meaning to world and will be beneficial […]

Central Banks Trapped by Their Theories

QUESTION: Hi Martin, I can understand how JP and EU backed themselves into a corner with negative rates. Happy to give them the benefit of the doubt when this all started 3-4 years ago even though it was obvious this was not going to end well. However, what I don’t understand is the thought process […]

Market Talk – October 3, 2019

ASIA: President Donald Trump said today that the Chinese delegation would be visiting the US next week for more trade talks. He also expressed that they are doing well. “I have a lot of options on China. But if they don’t do what we want, we have tremendous power,” he told media. Hong Kong’s authority […]

Market Talk – September 26, 2019

ASIA: The People’s Bank of China auctioned 10 billion yuan dated six months out in order to secure the yuan exchange rate in Hong Kong today. Also today, the Chinese Ministry of Finance reopened a 4.5 billion yuan sovereign bond issue in Hong Kong. Meanwhile, the Chinese commerce said today that they have started discussing […]

Liquidity Crisis

COMMENT: Marty, you have made many unbelievable forecasts in so many markets around the world. But your forecast that we would see a liquidity crisis after Labor Day and dollar hoarding is at the top of the list. There is nobody who saw this coming. Your computer can see things nobody can. Looking forward to […]