Around the globe, we are approaching a monumental awakening as municipal governments see their borrowing costs rise dramatically with rising interest rates. This is unfolding in Europe, the USA, Canada, South America, Middle East, and Asia. In fact, S&P is predicting the first-ever default by a Chinese local government financing vehicle this year as LGFV borrowing costs […]
Back in the 1980s, I flew to Toronto to do an institutional session. There was an earthquake that hit. I then flew to Vancouver to do another institutional session and another earthquake hit. I then flew to Tokyo and was hit by another earthquake during the session. I then flew to Australia and joked saying […]
I will be speaking at the New Jersey Constitutional Republicans meeting on the tasks we face in reforming the political system. I will be speaking on Saturday, February 24th, 2018 at 4 pm at the Centerton Country Club. NJCR is very interested in preserving a free market economy. The topic will be on macroeconomics […]
The sell-off continued in some of the Asian markets, with the Nikkei, in particular, losing an additional -0.85% today. Commodities heavily influenced values today, after we saw manufacturing and miners weigh on sentiment. Although the index has fallen 4.55 this month, it remains narrowly positive for the year. The weakness cam in the final hours of trading, after […]
For the smart-asses who like to always be negative, just read the October 14th, 2014 post and you will see what serious students pay attention to. On November 30th, on the Private Blog since you cannot afford the minimum monthly fee, we posted: “We must respect that exceeding the November high now in December on […]
Private Blog – The Dow & the Possible Consolidation?
Andrew McCabe, who has become the face of the Deep State, has finally resigned ahead of waiting for his pension on March 18th. Don’t worry, he is using his leave time to stall the clock so he gets his pension which he should forfeit. He was pressured to quit by FBI Director Christopher Wray in […]
COMMENT: OK Mr. Armstrong. Looks like the government was right. You come out and said the Dow reached a turning point and it crashes. You posted: “In the US Share Market, this is now a turning point we have reached. I have warned for months that exceeding the November high would lead to a January high.” You […]
President Trump delivered a conventional State of the Union address and moved to turn the successes of his first year in office, tax cuts, deregulation and an offensive against the Islamic State, into a second-year agenda that he said will bring about a “new American moment.” Given all the hatred that has been poured out […]
