Entries by The Trend Letter

Headlines – Oct 27/15

·         Wall St opens lower on mixed results & weak data. Read story ·         Tentative budget deal reached. Read story ·         US plans to sell strategic oil reserves to raise cash. Read story ·         Weak business spending plans point to slower economic growth. Read story ·         UK economic growth slows to 0.5% in 3rd quarter. Read […]

Portugal’s President refuses to appoint elected anti – EU government

Constitutional crisis looms after anti-austerity Left is denied parliamentary prerogative to form a majority government By Ambrose Evans-Pritchard Portugal has entered dangerous political waters. For the first time since the creation of Europe’s monetary union, a member state has taken the explicit step of forbidding eurosceptic parties from taking office on the grounds of national […]

Follow the Global Flow of Capital

For years now, we have been telling subscribers that the key to being a successful investor in today’s global economy is to follow the global flow of capital. Our subscribers have made terrific gains over the past couple of years by simply shorting the Euro & the Yen, & going long the US Dollar. We […]

Abe reaches engineering, economic agreements with Turkmenistan

From Japan Times… ASHGABAT – Prime Minister Shinzo Abe and Turkmenistan President Gurbanguly Berdimuhamedov agreed Friday to cooperate on infrastructure development and natural gas plant projects totaling ¥2.2 trillion in the resource-rich Central Asian country. Abe and Berdimuhamedov also agreed to urge North Korea to follow United Nations Security Council resolutions banning the development of nuclear […]

‘Come here often?’ – Sex with Robot conference cancelled

From Quartz… Love, it’s been said, is a battlefield. And the possibility of future relationships between humans and robots is stirring up hostile emotions in some people. Last month, an internet campaign was launched to prevent any robo-human relationships in the making, and a Japanese robot company told users that having sex with its robots […]

The vice president of the Maldives allegedly tried to kill the president last month

From Quartz… Police in the Maldives have arrested Ahmed Adeeb, the country’s vice president, on charges of treason, alleging that he was involved in plotting an explosion that could have killed president Abdulla Yameen Abdul Gayoom in September. (The president is commonly known as “Abdulla Yameen.”) Though the president was not hurt in the blast, […]

Mexico Quake Hits

From Quartz… The strongest hurricane ever seen in the western hemisphere hit Mexico last night (Oct. 23), with residents and aid groups bracing for massive destruction from high winds that are expected to cause flooding, landslides, and damage from flying debris. The eye of Hurricane Patricia made landfall 55 miles (85 kilometers) west-northwest of the […]

US oil settles down 2.4%; 3rd-straight daily loss

From Reuters… Oil prices slid for a third-straight session on Wednesday on worries over rising U.S. crude stockpiles, although a larger-than-expected drawdown in gasoline and distillates tempered the market’s bearish sentiment. U.S. crude oil inventories rose 8 million barrels last week, the government-run Energy Information Administration (EIA) reported. The build was more than double the […]

Headlines

Global stocks slip as earnings, China weakness weigh. Read story Oil touches 3 week low, as over supply worries deepen. Read story China capital outflows top $500 billion. Read story US dollar gains versus emerging market currencies. Read story  US debt wrangling could cause ‘accident’: Treasury’s Lew. Read story Puerto Rico breaks off talks with […]