When we look at the markets and try to ascertain the long-term direction, we must look at politics closely, for this holds the key. First, this is a Private Wave and that means the confidence in government is collapsing. Hence, the question for the direction of stocks, gold, interest rates, and the world economy, all […]
Asia performed reasonably well today if you neglect the Nikkei. Both the Hang Seng and Shanghai closed in positive territory, +0.8% and +0.4% respectively. The Nikkei, however, spot lit the party somewhat with a small -0.3% decline, but saw the JPY trade into the mid 112’s. The talking point Monday morning was the lack of […]
Apparently, some people have discovered the Exchange Stabilization Fund and are now touting this as some major power in manipulating the world economy. This is simply an emergency reserve fund of the US Treasury Department, which is typically used for foreign exchange intervention. This arrangement really goes back to the birth of the G5 and is […]
QUESTION: I have a question regarding cycles. You provide some very detailed, historic references showing why certain events are occurring now (again). Is there a disposition for something that occurred in the past to be destined re-occur for a particular region/country (i.e. Greeks abandoning property due to excessive taxation) because it happened once and now […]
The New York Times print story on the front page of January 20th, 2017 read: “Wiretapped Data Used in Inquiry of Trump Aides”. Of course now, the New York Times is trying to downplay that story simply because Trump said Obama had wiretapped his campaign. Since “wiretapped data” was being used to investigate President Trump’s […]
Reuters is reporting that Germany was forced to drop the request for funding research into climate change. Meanwhile, just perhaps we will now be able to hear the real evidence that climate change is not being caused by CO2, but by nature itself. Even NASA suddenly had to admit that just perhaps we should not ignore […]
Just when you though the chaos of the 2016 Elections in the States was unusual, we are witnessing the fragmentation of society at every level and around the globe. There is a trend toward the end of one of these Private Waves and that is the polarization of groups. Yes Democrats and Republicans always […]
The Left is fighting so hard to keep dominating everyone else, that it is hard not to see how society in starting to implode in the West. In Norway, the hunt for taxes has been so bad, they have now even been raising property taxes to include a dog house in the back yard. Meanwhile in […]
QUESTION: Hi Mr. Armstrong, You mentioned the crash and burn applies to government assets, not private sector assets. Can the private sector stand on it’s own two feet? Thanks again, MB ANSWER: There are times when the private sector cannot stand and everyone runs to bonds/cash. Likewise, there are times when government can no longer stand […]
Given the mixed to small lower session seen in the US, the reaction it had on Asia was understandably a marginally weaker theme. Eventually, we saw losses in the Nikkei (-0.35%) and Shanghai (-0.95%) but gains for ASX (+0.25%) and Hang Seng (+0.1%). The geopolitical concerns are still present between China and Japan over […]
