Not a great session for Japan or the Hang Seng with both down around 1.5% a piece. Shanghai managed a better performance closing marginally higher having spent all day meandering around unchanged. The main talking point in Asia was again BREXIT and the GBP under performance so far. Setting another 31 year low (1.2795) concerns […]
FBI Director James Comey has been called before Congress to explain his recommendation tomorrow. After the Inspector General’s report and Comey’s rebuke of Hillary, the Democrats will be fighting really hard to protect Comey. This is no longer about the country — it is just politics as usual. Thank God, the under-45 crowd is starting to […]
QUESTION: Mr. Armstrong; Why did Comey not present this matter to the grand jury? Isn’t it the role of the grand jury to decide to indict or not? ANSWER:The rules for a grand jury have been altered to the point that they have been reduced to a rubber stamp. Nevertheless, FBI Director James Comey had to […]
Mainstream media is dying. Their biased coverage of the election will go down in history. Facebook’s latest announcement demonstrates how the younger generation (1) is not into party politics, and (2) does not trust mainstream media. Facebook will modify its News Feed algorithm to favor content posted by a user’s friends and family over content […]
Since the publication of the Panama Papers, the assets of the wealthy from around the world have been flowing into United States at a sharply increased pace. Tracking capital flows has revealed that capital outflows of liquidity from the EU have distinctly accelerated. The United States is definitively becoming the replacement for Switzerland. The IRS has even […]
I have received emails from people who claim global warming exists and I am in denial. To start, all of the studies that claim there is global warming end with the 19th century. The sun has a documented 300-year cycle between maximum and minimum energy output. It is a thermodynamic system, meaning the energy must fluctuate or […]
