Market Talk – May 2, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 37.98 points or -0.10% to 38,236.07 Shanghai closed Hang Seng increased 444.10 points or [...]
Trump Wins – Cruz Ends his Bid for President
On Tuesday, Ted Cruz ended his campaign. His loss in Indiana extinguished any chance of denying Mr. Trump the nomination. Trump easily took Indiana, demonstrating that the people are simply angry at those in Washington. Trump said, “We’re going after Hillary Clinton.” Our models have shown that the Republicans should win. Only one of our four models puts it neck and neck. As we move closer to November, the economy will likely get worse. We have the BREXIT vote as well come June. Between now and November is a lifetime in politics. Of course, he may wish Hillary wins. The danger if Trump wins will be that the “establishment” will blame him for their 50 years of mismanagement.
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Jerome Powell on Stagflation
“I don’t see the ‘stag’ or the ‘-flation’,” Fed Chairman Jerome Powell said during his Wednesday address. Powell believed inflation would be “transitory.” He believed that the economy would come [...]
AstraZeneca Admits Vaccine Had Lethal Side Effect
Vaccine manufacturers and health agencies have been silently admitting that their “safe and effective” COVID-19 mRNA vaccines have deadly side effects. AstraZeneca (AZN) is the latest manufacturer to admit that [...]
Neocons & their Hatred of all Russians – Destruction of Nord Stream
https://www.armstrongeconomics.com/wp-content/uploads/2024/04/Neocon-Nord-Stream.mp4 Former CIA analyst Larry Johnson explains that there is a mountain of evidence confirming that the American Neocons were behind the destruction of Nord Stream sabotage of September 26th, [...]
