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Market Talk- July 20th, 2017

July 20, 2017

A strong Asian session following yet another record US performance with the added enthusiasm for central guidance from both the BOJ and the ECB. The BOJ left rates unchanged but we did hear them cut the inflation forecast for this and next years. Earlier we also saw the June Trade data release which proved to […]

Euro Rally

July 20, 2017

Once the Euro closed above the Weekly Bullish Reversal last week, we have rallied strongly simply on comments from Draghi that a strong Euro is good. It is hard to contemplate his reasoning since this increases the debt burden of Southern Europe and reduces German export competitiveness. His comments that changing police will come September. […]

Paris Climate Accord = Junk Science

July 20, 2017

QUESTION: Mr. Armstrong; I read a piece on the Paris Climate agreement that said climate experts now warn that an increase of more than 2 degrees Celsius could bring about irreversible consequences, including unpredictable superstorms and crippling heat waves. That seems to be anti-cyclical. How do they create such “science” without proof? PL ANSWER: They just […]

Sun Activity Has Collapsed to the Lowest in 9,300 years

July 20, 2017

THE sun is the source of all our warmth. Without it, we would not exist.  Like everything else, it is cyclical in nature. The term “lunatic” referred to people who seemed to go a bit strange when there was a full moon. Some people are perhaps susceptible to its gravitational forces. After all, it is […]

Why Global Warming is Good

July 20, 2017

  One of my greatest concerns with all this Global Warming nonsense is that nobody seems to ever plot weather against the rise and fall of civilization. When you do, you arrive at a strikingly different perspective of global warming. The greatest advancements in civilization have ALWAYS taken place during periods of global warming. When […]