Major Banks Debanking Christians
Debanking has become a major issue in recent years as institutions feel the current government gives them leeway to discriminate against customers based on their political beliefs. This is happening [...]
Classic Thinking vs. Reality
QUESTION: Hi Martin !
In a globalized interconnected world where we see stock markets falling 30% and more from their recent high entering bear market territory how can it be that the S&P 500 is losing ground far less? Especially considering key economic data like the ISM that reveals a rather negative view on the U.S economy.
All Best,
M
ANSWER: Even if the economy declines, does that mean you rush and buy government debt? Your question assumes stocks only rise with rising corporate profits based upon the domestic economy. That is so untrue that it is laughable. There are two reasons: corporate will make more from overseas than domestic, but more importantly, if government is the one in trouble, capital will park in equities just to preserve itself. Your line of thinking will cost you everything you own. Markets and economies do not function in that one-sided manner.
Latest Posts
Canadian Govt Offers Vaccine Victim Suicide as Compensation for Paralysis
Kayla Pollock, 37, was a healthy woman from Ontario with no medical issues. Everything changed with Kayla took the Moderna mRNA experimental vaccine on January 11, 2022. Four days later, [...]
Lighting Your Fireplace will Be a $500 Fine for CO2 Police
https://www.armstrongeconomics.com/wp-content/uploads/2024/04/Fireside.mp4 I remember that growing up, my parents would light the fire on Christmas. We would listen to Christmas music and snuggle up in front of the fire. Now, [...]
Market Talk – April 22, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 370.26 points or 1.00% to 37,438.61 Shanghai decreased 20.67 points or -0.67% to 3,044.60 [...]
