QUESTION: Marty; I find it really amazing how your computer picked Ukraine, then Syria, and then you said in an interview that you regard Korea as the most dangerous of the three. Is this all cyclical based? Thanks Looking forward to Hong Kong PL ANSWER: Yes. We feed all information into the system that is […]
QUESTION: Mr. Armstrong; Did anyone ever save the world financial system during the 1998 Crash or the 2008 Crash? Also, you said that government will never heed the advice of anyone. You worked on Capitol Hill and testified before Congress and was called upon to form the G5. Yet you say it is impossible to […]
In order to achieve the American Dream, Americans must be able to keep more money in their pockets and increase after-tax wages. We must work to simplify the tax code by reducing the number of income brackets. Income Taxes are no longer necessary when money is not tangible. See solution on YouTube We must discourage […]
QUESTION: Kim Jong-un is clearly a mad-kid, not even a man. You have said the danger with him is he thinks he could actually win against the United States and South Korea. Now Trump want’s South Korea to pay $1 billion for a missile defense system. That does not seem to be a lot of money these […]
After the US closed we saw yet more encouraging results from the likes of Alphabet (Google parent) and Amazon (+4% futures) which has boosted confidence into the Asian session. However, that run did not last long as comments from President Trump concerning North Korea certainly unnerved markets resulting in a mixed close for month end. […]
QUESTION: Mr.Armstong in the past you talked of a down trun in the market in May.Since Trums TAX you have gave the impression everything is ok till 2018 is that correct? THANK YOU SM ANSWER: There has not appeared to be a condition where one would warn of a crash in the stock market. The […]
The Euro turning point on our Weekly Models still points to the week of May 8th. As we can see technically, the Euro is well below the Monthly Downtrend Line which stands significantly above the market at 12622. There is no real chance of a reversal in the protracted long-term decline. We really need a […]
I found what I want for Christmas – Google’s prototype for a flying car. It would be really nice if we could ban all people from government who have zero experience in the real world who love to be career politicians to tell the rest of us what to do. Then we need to take […]
Two central banks were in play today, but neither moved on rates which was very much expected by the markets. The BOJ did however raise its economic forecast although that did not help support the Nikkei which closed small down at 19,250. The psychological barrier remains the 20k level but as it’s the end of […]
The European Union (EU) has been pushing Italy for a very long time to reduce its deficit. Of course, governments are never capable of reducing their own expenditure. This results going in only one direction – raising taxes. Prime Minister Paolo Gentiloni had to agree on the concrete measures. The bill is now being discussed […]
