Nervous markets again with US military positioning headlines for most of the session and that led to safety moves back into the JPY. Having broken the 111 handle early, next target was the 110 handle. Many did not expect the US trading hours to take it as far as it did (109.65 -1.1% last) levels […]
Socrates System and Billing Update Dear Socrates user, We are sending out this courtesy reminder regarding the launch of our brand new entry-level membership – the Standard Membership level (this replaces what used to be known as the Investor level). The new Standard Membership is now a monthly membership, billed at only $14.99 per month, […]
QUESTION: Mr. Armstrong; In Germany DWN wrote that Cohn of Goldman Sachs is in favor of returning Glass–Steagall. This seems strange. Do you have any insight? ANSWER: Very simple. Glass–Steagall was separating investment banking from banks. Goldman Sachs is by no means a traditional bank but were always an investment bank. If you restore Glass–Steagall this […]
QUESTION: Mr. Armstrong; I read the quote that Kenneth Rogoff made about the predictions of the attendees at Davos. He told Bloomberg: “A joke, which I have been telling since the last meeting in Davos, culminates in the fact that the predictions made in Davos are always wrong… No matter how unlikely, the most likely event […]
The latest report on property tax comparisons within the USA has been released. A report from Attom Data shows just how nuts things are becoming with regard to taxes. Property taxes have become really insane in the North. The average annual property tax bill in Alabama in 2016 was $776 compared to the the highest average is New […]
