APAC Markets

Shrewd Bannon Flushes Out Enemies of the State

3 months ago John Abercrombe Comments Off on Shrewd Bannon Flushes Out Enemies of the State
Former Breitbart CEO and current White House chief strategist, Steve Bannon, issued strong demands and the House Freedom Caucus to fall in with senior party officials. However Congress is still not a Breitbart subsidiary at this time. There are also reports from the New York Times that Bannon sought to use the AHCA vote as a means Read More

Forked Tongue Democrats Dance on the Grave of American Values

3 months ago John Abercrombe Comments Off on Forked Tongue Democrats Dance on the Grave of American Values
The Democrats futilely trying to save the law they built on lies and rammed through Congress with underhanded tactics should have been a moment to savor. The desperate Democrat dog and pony show would have been poetic justice. Yet conservatives are floating in a shitty soup of their ineptitude. Congressional Democrats and a few of Read More

The Real Donald Trump is the Essence of the One True Democracy

4 months ago John Abercrombe Comments Off on The Real Donald Trump is the Essence of the One True Democracy
Many political commentators have accused Donald Trump of “undermining democracy.” This accusation appears to stem from Trump’s penchant for uttering obvious falsehoods. Over the past month, Trump has asserted that 3 to 5 million illegal votes were cast in the presidential election, that more people attended his inauguration than Barack Obama’s, that the murder rate Read More

ASX Defies Logic

6 months ago John Abercrombe Comments Off on ASX Defies Logic
ASX has continued this week’s trend by outperforming international markets this morning. Whether this outperformance is a temporary phenomenon related to this week’s option expiries or it just indicates ongoing buying interest in the Australian markets that could propel the ASX 200 Index to another significant year-end rally next week. Weaker than expected US personal income Read More

ASX Considers Making An Actual Decision Very Soon

8 months ago John Abercrombe Comments Off on ASX Considers Making An Actual Decision Very Soon
The Australian Securities Exchange (ASX) says it intends to decide on whether it will migrate to a blockchain-based settlement system by the end of 2017. The comments stem from a new address to shareholders from ASX chairman Rick Holliday-Smith today, in which he provided an update on its bid to evaluate whether the technology will Read More