White House Vacant – Biden Absent 40% of Presidency
The average American will never take a 16-day consecutive vacation from work. Why did President Joe Biden take off for nearly half of August? RNC Research reported that Biden has [...]
Market Update — February 17, 2016
The U.S. stock market closed more than 1.5% up on Wednesday after posting a three-day gain that was helped by some recovery in oil prices and encouraging economic data. We now need to move higher beyond a three-day rally to suggest this is more than a reaction. The markets are clearly shifting. Gold managed to close slightly positive but support is rapidly rising. Our opening number for tomorrow is 1199.50 and a closing beneath that will warn that a retest of key support will unfold. Our opening number in the euro lies at 1.1058 and the market continues to look negative. In the Dow, our opening number for tomorrow will be 16707.90.
Latest Posts
Stagflation Begins
Nine of the 12 Federal Reserve districts reported a decline in economic activity in August, up five districts from the July Beige Book report. Our system has warned that we [...]
Forecasting Recessions
https://www.armstrongeconomics.com/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4 COMMENT: Mr. Armstrong, I find it incorrigible that everyone now claims recession when they have never predicted a recession before. That was clear from the video you had [...]
Market Talk – September 9, 2024
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 175.72 points or -0.48% to 36,215.75 • Shanghai decreased 29.32 points or -1.06% to 2,736.49 [...]
