All our staff have evacuated. We were all under mandatory evacuation orders. So thank you for all the concern. Our decision to leave was primarily due to the fact that the storm shifted to the West and the likelihood of power outages potentially lasting days or weeks was the real deciding factor. Generators also […]
Governments and central banks across the world are still concerned about the lack of inflation or significant growth and we saw evidence again in that today from the Japanese Q2 GDP release. Well below estimate of 4% this mornings release came in at 2.5%. Mario Draghi also commented on growth concerns in yesterdays ECB meeting […]
QUESTION: Mr. Armstrong; You said at your Frankfurt the ECB policy of negative interest rates is actually creating a wider gap between the poor and the rich. Could you elaborate on that comment? Thank you. Hope you come back to Frankfurt. You do realize that you get twice the crowds here than anyone. OT ANSWER: Lowering […]
There is no doubt that the feud between Donald Trump and Republicans in Congress has been astonishing. Even some Republicans support trying to impeach him thinking he will be a liability in 2018. Trump is responding like a businessman and not a politician, Many of his supporters hoped for this and voted for him to drain the […]
QUESTION: Is there anyway the People have a remedy when the court is corrupt? ANSWER: No. The only remedy historically becomes a revolution. This is by no means restricted to the West. In China, the Judicial minister Chao Cuo (? – 154BC) who served under the previous emperor Ching-ti (Liu Ch’i)(157-141BC), earned the hatred of […]
Nothing has yet changed. We are still 500 points away from the start of important resistance. Keep in mind that the ONLY way to break the bank of the monetary system will be a STRONG DOLLAR – not a weaker on. People far too often make a serious mistake and believe that a strong currency […]
Yes, Asia benefited off of the back of the US markets bouncing but it was far from encouraging. We saw small gains for the Nikkei (+0.2%) and the ASX but declines for the Hang Seng (-0.35%) and Shanghai (-0.6%). Given we have little new headline news concerning North Korea the KOPSI has seen a 1.1% […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/09/Beach-9-7-2017.mp4 This is my beach at 11AM on the Gulf West side of Florida. Bright sunny and extremely calm so far. Thank you for all the emails of concern. I know CNN would never show something like this.
QUESTION: Dear Mr. Armstrong, I am a long time reader of your blog from India. I am learning about a lot many things about Finance & Economics from your blog, than I learned by going to College. Truly, what is being taught in Academic institutions is far from what actually happens. I am an Investor […]
The U.S. Virgin Islands Governor Kenneth Mapp of the Virgin Islands has just issued an order allowing the National Guard and the local government to seize any privately owned guns, ammunition and private property necessary to protect the island due to Hurricane Irma. Of course, there is no definition of what may constitute property that is necessary […]
