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 […]
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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 […]
‘ The Shanghai core index traded heavy in todays trading as concerns over the amount of IPO potentially coming to market start to take their toll. Shanghai closed down -0.8% with the Hang Seng losing -0.3%. One of the key topics discussed today was HSBC’s $4.6bn earnings figure. Better than previous but shares closed around […]
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COMMENT: Ok Mr. Armstrong, this is nuts; You are starting to freak me out with this forecasting. The last 2 months has blown me away when a few more elements of your methodology lit my bulb a little brighter. This may sound like you paid me to advertise for you but most of us know you’re […]
QUESTION: Mr. Armstrong; I read your One-World-Currency report. It was truly fascinating. From an academic perspective, what came first in the formation of civilization; agriculture or cities? Where does money fit into this historical perspective? Thank you; FD ANSWER: There has been a fair amount of assumption that went into the history we were […]
There are many who write in from Spain supporting Madrid against Catalonia. The core of their argument is that the call this movement an independent “socialistic movement” and they argue it is not at all but democratic. “There’s indeed a strong independence feel in Catalunya, they have been like this for centuries although they never really […]
GREXIT QUESTION: I just read an article about Grexit and the MoU that expires in the summer of 2018. Let’s assume Greece exits EU and the Euro, what would happen to Greece and it’s people? What hardships would Grexit bring to the Greek people and what could individual Greeks do to prepare themselves for these hardships? […]
