A strong Asian session following yet another record US performance with the added enthusiasm for central guidance from both the BOJ and the ECB. The BOJ left rates unchanged but we did hear them cut the inflation forecast for this and next years. Earlier we also saw the June Trade data release which proved to […]
Once the Euro closed above the Weekly Bullish Reversal last week, we have rallied strongly simply on comments from Draghi that a strong Euro is good. It is hard to contemplate his reasoning since this increases the debt burden of Southern Europe and reduces German export competitiveness. His comments that changing police will come September. […]
QUESTION: Mr. Armstrong; I read a piece on the Paris Climate agreement that said climate experts now warn that an increase of more than 2 degrees Celsius could bring about irreversible consequences, including unpredictable superstorms and crippling heat waves. That seems to be anti-cyclical. How do they create such “science” without proof? PL ANSWER: They just […]
THE sun is the source of all our warmth. Without it, we would not exist. Like everything else, it is cyclical in nature. The term “lunatic” referred to people who seemed to go a bit strange when there was a full moon. Some people are perhaps susceptible to its gravitational forces. After all, it is […]
One of my greatest concerns with all this Global Warming nonsense is that nobody seems to ever plot weather against the rise and fall of civilization. When you do, you arrive at a strikingly different perspective of global warming. The greatest advancements in civilization have ALWAYS taken place during periods of global warming. When […]
A healthy close for Asia in todays trading after the uncertainty seen from a mixed US session. The large cap DOW recovery helped but it was the broader S+P and NASDAQ that contributed most for Asia’s impetus. The Nikkei only marginally closed in positive territory but it was the fact that it closed above […]
This Euro Seminar is being held specially for our European clientele since we did not hold a WEC in Europe since 2015. We will be focusing on the real analysis – just the facts – not opinion. We do not need to be “bullish” because we must be politically correct. Everything moves to a business […]
QUESTION: I read that the income tax violates the Fifth Amendment against self-incrimination. It seems logical on the surface, but nobody has gotten away with that that I have ever heard. Would you care to comment of how they got around this issue? ANSWER: The way to get around such issues is to be a […]
A lot of people have in inquiring about changing transcripts by judges in federal court in Manhattan. Some have reported it is taking place in other courts now. Corruption is consuming the Judiciary and we have no power to stop it. The rule of law has been so destroyed that those in the legal profession […]
If you are against the refugees, many will call you a racist even though the refugees are not of a single race. The problem is they are economic migrants – not refugees from exclusively Syria, which the West can stop in a heartbeat. The crisis is economic. These people coming in are getting the benefits […]
