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Market Talk- July 28th, 2017

July 28, 2017

A weak market close for most of the Asian indices today but saw the KOPSI and ASX off around 1.55% the pair. The Nikkei gave up another 0.6% as the yen trade back to the mid 110’s. With Shanghai the only core that closed positive even the Hang Seng fell -0.6%. The sell-off was broad based […]

The Tensions Between France & Germany

July 28, 2017

QUESTION: Mr. Armstrong; You commented briefly when you stepped off the stage at the door that the likelihood of war between France and Germany would rise again but not until 2032. Might you elaborate on that for a moment please. KD ANSWER: In modern times, there have been three times that war between France and […]

The Phillips Curve No Longer Works

July 28, 2017

QUESTION: Mr. Armstrong; Thank you for coming to Frankfurt. Nobody gets that big of an audience here ever. What you illustrate with the three faces of inflation means that the Phillips Curve no longer functions. Was this something like Kondratieff’s Wave that it was based upon a period that is outdated? Thank you once again. […]

The Month-End Closing for July 2017

July 28, 2017

The dollar correction for this Year from Political Hell is still in motion, but there is no major change in trend that is at hand. In the British pound, the Monthly Bullish Reversal stands at 13485 level on cash.  In the Euro, the Monthly Bullish remains up at 12885 with a Minor Monthly Bullish at […]