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Market Talk – June 7th, 2016

June 7, 2016

The constructive comments provided by Fed Chair Janette Yellen last evening certainly helped Asian equities today. The Hang Seng performed best recording a 1.4% gain on the day whilst the main China Index managed just 0.1% gain which was a relief having spent the majority of the day in negative territory. The Nikkei saw a […]

Now Congress is at Stake

June 7, 2016

Trump keeps shooting off his mouth in the stupidest way, but he should know that they will turn whatever he says against him (FYI: Hispanic is not a race, it is an ethnicity like French or German). Hillary and her cronies announced she won before the votes were placed just in case Bernie beats her in […]

Democrat Party Establishment Steal Election for Hillary

June 7, 2016

The press is clearly in the pocket of the establishment. Today they announced a poll to try to prevent Bernie from winning California where he had a slight lead. They polled the super delegates (who are outside of the democratic process entirely) to see who they will vote for. The fact that they had to […]

The Third-Party Solution & Coming Rise in Violence

June 7, 2016

A Gallup Poll from last September revealed that the majority of Americans, 60%, say a third major political party is needed because the Republican and Democratic parties “do such a poor job” of representing the American people. Since 2007, Gallup has shown that this is a rising trend, which explains Trump and Bernie. The majority […]

71% of Democrats Want Hillary to Run Even if Charged with a Felony

June 7, 2016

Amazingly, 71% of Democrats think Hillary Clinton should continue running for president if she is charged with a felony in connection with her private email use while serving as secretary of state. Exactly how does someone run the country from prison? Of course, those identifying themselves as Democrats are the over-50 generation, whereas the under-30 […]

Mining Shares

June 7, 2016

https://www.armstrongeconomics.com/wp-content/uploads/2016/06/Mining-Shares.mp4 COMMENT: Mr Armstrong; what do you think about mining shares? REPLY: I do not have the time to talk about every market and every move. We do have mining shares in the system. The computer is better than anyone could possibly be for there is too much to watch and there are too many personal […]

Market Talk June 6th, 2016

June 7, 2016

A mixed session out of Asia saw the Nikkei and Shanghai small lower whilst the Hang Seng managed a 0.4% rally. After Fridays surprise NFP release the JPY continued stronger, trading as low as 106.40.  However, the big news overnight was about the shift in the upcoming BREXIT vote and the swing towards a possible vote […]