Silver as an investment

Category Archives: Abe administration

Exit Polls Project Sweeping Victory, Supermajority For Japan’s Abe

As widely expected, Japan Prime Minister Abe’s ruling coalition is set for a sweeping victory in Sunday’s general election, and may retain the two-thirds parliamentary majority needed to revise Japan’s constitution, according to an NHK exit poll. Shortly after polls closed at 8pm, an NHK exit poll showed that Abe’s Liberal Democratic Party and coalition […]

Stocks Hit New Record Highs, Dollar Jumps On Senate Vote; Japan Has Longest Winning Streak In History

Global stocks hit new all time highs overnight, with US stock-index futures, Asian and European stocks all rising overnight after the Senate adopted a fiscal 2018 budget resolution, paving the way for Trump’s $1.5 trillion in tax cuts, while news that “dove” Jay Powell may be the next Fed chair added to the risk-on sentiment. […]

S&P Futures Flat, Spain Rebounds, Nikkei Closes At 21 Year High

S&P500 futures point to a slightly lower open, as Asian stocks rise to trade near decade highs, with Japan’s Nikkei 225 closing at highest since 1996. European stocks are little changed, with Spanish shares gaining after Catalan President rows back from an immediate declaration of independence. MSCI's all-world stocks index briefly hit a fresh record […]

Nouriel Roubini’s “Good, Bad, & Ugly” Scenarios For The Global Economy

Authored by Nouriel Roubini via Project Syndicate, The International Monetary Fund, which in recent years had characterized global growth as the “new mediocre,” recently upgraded its World Economic Outlook. But is the IMF right to think that the recent growth spurt will continue over the next few years, or is a temporary cyclical upswing about […]

Abe’s Days Numbered? DB Warns Japan PM “May Be Forced Out” Leading To Spike In Yields

Almost exactly ten years ago, on September 12, 2007 Japan’s current prime minister Shinzo Abe resigned less than a year into a tenure dogged by scandals, the suicide of a minister, a raft of resignations and corruption allegations, and a humiliating election drubbing for his Liberal Democratic Party. Never one to shrink away from resposibility, […]

Westinghouse Bankruptcy Puts Fate Of Four U.S. Nuclear Reactors In Limbo

When Westinghouse Electric filed for Chapter 11 bankruptcy protection on Wednesday morning, few were surprised as the outcome was the only one which allowed the company’s troubled, and near-insolvent Japanese parent, Toshiba, to continue operating, even if it meant the bankruptcy of the iconic company. Westinghouse was one of the originators of the nuclear age, […]