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World War Wednesday

Courtesy of Philostockworld While you were sleeping… You know that funny story about the former Russian spy and his daughter who were poisoined in the UK (Salisbury) on March 4th and how the British investigated it and, Monday, Theresa May told Parliament that it was "highly likely" the Russians were responsible? Well the British demanded an imm...

Tame US Inflation Numbers

Bloomberg's daily summary of the 5 things to start the day today carries an important number. One which has lately been spooking investors worried about higher interest rates and the impact on equity markets. Well, based on the latest February inflation numbers, it appears that view may need a rethink. Here is a recap of a post last month. Note ...

Sealing 1MDB-Related Status Updates

One of this week's headwinds in the local market is the US's DOJ news on 1MDB. Along with the tariffs of course. This new twist should remove some of the day by day negativity overhanging market sentiment. Simply by virtue of these updates being removed from public eyes is positive. Since investors tend to react to external stimuli - mostly inte...

A Clean Reset Trump Said To Be Cleaning House

Courtesy of Zero Hedge President Trump is said to be cleaning house, according to Vanity Fair's Gabriel Sherman who writes on Friday that "Trump Is Going for a Clean Reset": Fuming in the West Wing, Trump Prepares to Defenestrate Cuck Allies and Go Full MAGA. According to a "Republican in frequent contact with the White House," Trump is "tired o...

Ne Plus Ultra - The Trump n Kim Act

Yesterday morning, I said the market is  coming back.   With US markets roaring back, one thing is clear. While worries remain over the economic repercussions of an all out global economic war, investors concerns are dissipating fast.  My take is take your eye balls off the details such as the ones below.   On what basis? Simple. History. R...

We Are Back Baby!

Yesterday's hopes for good news with a couple of the major US indices hinting of making new highs or shrugging off the 'steel and aluminium' kerfuffle. Last night, NASDAQ punched through with a convincing performance. The significance of NASDAQ's near new highs lies in recognizing that investors, well at least perhaps only some, are already lo...

GE14 A More Precise Guess

In December last year, I remembered quite clearly, the local market was ready for a GE play. It responded positively to the usual spin about 'election counters'. Now, I wonder if the mood will be so welcoming should the Government makes a date with fate now. I am not sure about how you feel but I certainly have not been able to connect the elect...

Here Is A Bit Of Good News - Breakouts

Courtesy of Declan. The Russell 2000 may not be the index pushing all-time highs but the last four days have seen steady gains for the index – enough to generate a new relative performance advantage against strong performing Nasdaq and Nasdaq 100. Leadership from Small Caps is critical for building long-term rallies and this is a good start and ...

US Unveils Its Real Economic Battle Plan

Where I thought things were headed yesterday when Trump made a U-turn on his tariff pledges by opening a back door for its NAFTA buddies and escape the economic bombs on the rest of the World. Surgical economic attacks on countries or regions was coming. So this piece in Bloomberg this morning is no surprise at all to me. Economic enemy numero ...

Trump's Bluff Who Wins Or Loses?

Courtesy of Philstockworld Trump wins! North Korea said they are willing to hold talks with the US about giving up nuclear weapons and "normalizing" relations with Washington (whatever normal is these days). The two Koreas also agreed to hold a summit meeting between Mr. Kim and President Moon Jae-in of South Korea on the countries’ border in la...