Asia performed well in what appeared to be trading in shadows the majority of the day. Rumors that the PBOC were about to cut rates saw a rally in Shanghai (+1%) only to drift off the highs by the close. Rumors of more BOJ easing (attempting to put even 40yr bonds into single digits). It […]
A very serious issue is starting to rise behind the curtain. Obama is blasting Trump as part of some global elitist group that does not exist outside of those in Obama’s camp who subordinate the people to government. Indeed, it was Obama who played the role of political elitist by interfering in Britain quite disgracefully. He […]
QUESTION: Hi Marty, Will future rate hikes from the Fed cause banks to move more money out of the Fed and into the commercial banking system, creating inflation? Thanks Jack ANSWER: No. Future inflation will not be demand driven, but asset driven. Retail participation, both in the States and from Europe, in the US share […]
QUESTION: Mr. Armstrong, I am just getting started in studying cycles. Someone said you just bumped into the Kondratieff Wave. Your works seems entirely different. Did the K-Wave have any influence on you? Thanks ANSWER: Sadly, the Kondratieff wave, commonly known as the K-Wave, is used for things it was not based upon. Moreover, there were […]
QUESTION: Mr. Armstrong; Your model on civil unrest and war seem to be rather amazing. The anti-establishment feeling is rising quite strong. Not sure what’s going on with Trump. It looks like the Republicans are still trying to prevent him from being the candidate. All the money is going to Hillary. Government is becoming very […]
