All posts in "News"

Are Bail-Ins Supported by Free Market Philosophy?

June 30, 2017

QUESTION: Mr. Armstrong; Reading between the lines, it seems that you support bank bailouts at taxpayer expense. Is this not counter to free market philosophy? KE ANSWER: Yes it is contrary to free market philosophy. However, it is the only reasonable solution at this moment in time without structural reforms to the financial system. If […]

Market Talk- June 29th, 2017

June 29, 2017

A strong follow-on for Asia after the positive day seen for US markets yesterday. Although a lot of the talk in Europe surrounded regulations, in Asia they followed directions from three central banks – Europe, UK and Canada – as rhetoric talked of positivity. It is interesting how the market apparently “misinterpreted” Mr Draghi’s speech […]

Euro Update for Month-End Closing of June

June 29, 2017

Private Blog Update for June Month-End Closing in the Euro/Dollar Please note: While our ArmstrongEconomics.com blog is free to the general public, our Private Blog posts are not accessible on ArmstrongEconomics.com. They are only accessible on our sister website, Ask-Socrates.com. This website is a membership only service, and Private Blog posts are only available to members. […]

European Refugee Crisis Was Created in an Undemocratic Manner

June 29, 2017

The very issue of the European Refugee Crisis highlights the entire problem with the European Union. There is no democratic union whatsoever. The issue of accepting refugees was a unilateral decision by Merkel alone. It was never put to vote in Europe. Once the migration turned to a full blown crisis, Merkel then insisted that […]

South Australia in Financial Trouble

June 29, 2017

COMMENT: Marty; Thank you for doing your conference in Hong Kong. It made it really convenient for all us from Downunder. You are probably aware that South Australia is broke and they just imposed a huge tax on the banks. They are calling it the “surprise tax” of $280 million on the top 5 banks. Many […]

Euro Update

June 28, 2017

  Please note: While our ArmstrongEconomics.com blog is free to the general public, our Private Blog posts are not accessible on ArmstrongEconomics.com. They are only accessible on our sister website, Ask-Socrates.com. This website is a membership only service, and Private Blog posts are only available to members. To learn more about Ask-Socrates.com Standard Membership Level, click […]

Market Talk- June 28, 2017

June 28, 2017

Following-on from the weak US session, Asia drifted in sympathy. The news from the US Senate, after their markets had closed, worried Asia as they responded to the news. On the whole core markets were lower, the exception being a +0.7% increase in the Australian ASX. Shanghai and the Hang Seng closed around -0.6% lower. […]

The Firm That Created the Dossier Refuses to Produce Docs to Congress

June 28, 2017

  The clandestine firm that created the false dossier on Trump is refusing to cooperate with Congress. They are refusing to turn over to congress information of not just how the report was crafted, but who paid for it. The Senate Judiciary Committee threatened now to subpoena the firm, Fusion GPS, after it refused to […]

The Frankfurt Special Seminar July 22nd, 2017

June 28, 2017

  The July 22nd, 2017 Frankfurt half-day seminar will be targeting Europe. The week before is a rather important turning point and if Theresa May cannot form a government within a week or so, we are looking at sheer chaos now coming from Britain. The entire EU is coming unglued. We have a major pension crisis […]

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