Archive

Market Talk – November 28th, 2016

November 28, 2016

Asia had a fairly quiet trading day but ahead of so much market moving content this week it really should not be such a surprise. Nikkei closed almost unchanged at -0.13% but that was a healthy performance given the uncertainty drove the dash back into safe havens again, notably the JPY. The Yen traded from […]

Trump Won the Popular Vote Excluding California

November 28, 2016

California is being used to justify handing the crown to Hillary despite the fact she conceded claiming she has 2 million more votes for her. But California is where her margin was 3.7 million over Trump. That means Trump beat Hillary even in the popular vote in the rest of the nation excluding California by […]

Washington Post Keeping Up Propaganda

November 28, 2016

The Washington Post was once respected for this is where Woodward & Berstein broke the story of Watergate that took down Richard Nixon. But their endorsement of Hillary was way over the top: “The Democratic nominee is not the lesser of two evils. She is a choice Americans can be proud of.” (Adriana Usero, Julio […]

Cash is for Criminals – Taxing Cash Withdrawals from ATMs

November 28, 2016

We are entering a very dark phase in this battle to retain our liberty. A proposal now being whispered behind the curtain in Europe is to impose a tax on withdrawing your own money from an ATM. The banks support this measure as a whole because they see this as preventing bank runs. Nobody will […]

Is Larry Summers One of the Four Horseman of the Economic Apocalypse?

November 28, 2016

https://www.armstrongeconomics.com/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4 The major bonus to Hillary losing the elections is that Larry Summers will not be the chief economic adviser. Larry Summers is Hillary’s top choice for Fed Chairman or the Chief Economic Adviser in the White House. Treasury Secretary, was a position he held under Bill Clinton in the 90s, but that was going to […]