At the peak of the Economic Confidence Model 1878.15 (February 24th), the Public Wave before the Private Wave that peaked in 1929, technology was frightening people. The NY Times editorial came out about one month from the ECM turning point on March 25th, 1878 against this horrible person by the name of Thomas Edison. What did they think […]
We opened the first day of the month with a strong Asian session with indices up nearly 2%. In Japan, the Nikkei added 1.85% with a weaker Yen, associated energy stock comfort and helped by a huge earnings expectations from Sony (+11%). The Yen is now comfortably into the 114 handle and will now be talked […]
There are many in Spain who just outright disagree with any right of Catalonia to be independent. History, culture, language, nothing really matters. Some have said it is the Spanish Constitution and all of Spain should vote to let Catalonia leave or stay. All of that said if Madrid had just allowed a fair referendum […]
The Spanish Police have invaded Catalonia and the rigged high court of Spain nullifies its independence. It really is astonishing when you compare these actions to Russia and Crimea. The world sanctions Russia for doing the same in Crimea. In Crimea, the population were Russian speaking and not Ukrainian because that area had previously been […]
The Prime Minister Bjarni Benediktsson’s Independence Party won the most votes in the Iceland election but he saw his party’s support eroded as voters turned to smaller parties in protest. This leaves the country in a position of uncertainty as the election has opened the door to power for the nation’s charismatic and very attractive left-wing leader, […]
A slow but steady day in Asian equity markets, but happy in the knowledge that the BOJ left almost everything unchanged. The Nikkei closed almost unchanged but has set an impressive two month rally. At above 22k the index closes at a 21 year high, but after the weak opening it took all day to […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/10/Holloween.mp4
Madrid has seized Catalonia by force and the EU, of course, backs Madrid saying they do not recognize Catalonia as a free state. This is demonstrating that human rights in Europe mean nothing when it comes to protecting the jobs of those in Brussels. This is clearly sending a statement to the rest of […]
Paul Manafort, a former campaign manager for President Donald Trump, was indicted on charges of money laundering and conspiracy against the United States. This is a very serious step yet in a special counsel investigation into Russian links with Trump’s 2016 White House campaign. The real issue is not justice – there is no such […]
If you are having problems in receiving our email notifications when we do a post, you can add our email to your whitelists and this will help keep emails from being bounced.
