Asian markets were weaker today with many Traders explaining that the reason for the market jitters was around President Trumps immigration policy and the consequent rally in the safe-haven currencies such as US Dollar and the Japanese Yen. The Nikkei lost around -0.50% despite the fact that volumes were heavily reduced with many of the […]
Within days of Davos, here is the European Commission statement on moving forward to eliminate cash. This is an “Inception Impact Statement” to provide notice to those involved and to ask for comments back. Everything is couched in terms of terrorism, but in fact it is to hunt taxes and eliminate our freedom to privacy […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/01/ACLU.mp4 You have to listen closely to this video of ACLU Executive Director Anthony D. Romero coming out of the court where the ACLU just argued and won block of Trump’s Muslim ban according to them. He is giving the impression that he beat Trump on everything – which he did not. Pay close attention […]
The EU leadership is attempting to minimize the importance and the explosive result of BREXIT. While the leaders merely yell “You will still regret it”, the disintegration of the EU has already begun and they are clueless as to what is really at stake. While many just focus of trade, the entanglement is far more complex than […]
