Euro & the Carry Trade

QUESTION: Mr. Armstrong, the rally in the euro and the failure to see a similar move in gold certainly makes this appear to be just a short cover rally. Correct? ANSWER: Yes. This illustrates just how big the short euro position … Continue reading

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The German Elections Tomorrow

The German elections are tomorrow, and the polls are touting the failed government of Schultz as the winner. Germany will hold a snap national election on Sunday, February 23, after [...]
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Market Talk – February 21, 2025

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 98.90 points or 0.26% to 38,776.94 • Shanghai increased 28.33 points or 0.85% to 3,379.11 [...]
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