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Market Talk- March 13th, 2017

March 13, 2017

Core Asian markets performed well today on what has potential to be an extremely volatile week. The Nikkei bounced from early weakness but was more playing off-set from currency moves. The mood did not start so well for Japan after January Machinery Orders came in way below estimate (-3.2% against forecasts of +0.5%). This obviously […]

WikiLeaks Vault 7 Maybe Bigger than Snowden

March 13, 2017

  The Wikileaks Vault 7 of the CIA espionage has exposed the fact that they are spying on every individual in Germany from Frankfurt. Here is yet another blow to undermining public confidence in government. The CIA is allowed to spy on the entire German economy, every individual citizen, every politician, every lawyer, every businessman […]

NY Prosecutor Preet Bharara Who Protected Bankers is Fired

March 13, 2017

The Trump administration moved on Friday to sweep away virtually all of the remaining vestiges of the Obama administration prosecutors at the Justice Department. They ordered 46 holdover U.S. attorneys to tender their resignations immediately. Demanding resignations from US attorneys is actually standard operating procedure in the DOJ whenever a new administration assumes power. Traditionally this […]

Real Estate & the Financial Crisis

March 13, 2017

QUESTION: Hello Armstrong, Thank for you the great post “The Future – Putting it All Together”. It helps a lot to get a good overview, considering everything is connected. One question, you say “Real estate is nice for some part of a cash holding, but it is taxed to hold it and it is not liquid.” […]