Archive

Market Talk- October 2, 2017

October 2, 2017

With Japan being one of the few markets that were open in Asia, most of the conversation was centred around Spain, TANKAN, DXY, UK’s Conservative Party conference and then the tragic events of Las Vegas. The Nikkei traded well, closing near the mornings highs with momentum provided by the strong confidence survey (TANKAN). With this […]

Spanish & Italian Bonds Hit

October 2, 2017

COMMENT: Mr. Armstrong; the Spanish and Italian bonds are getting hit. You were spot on again. RW REPLY:  Yes the peripheral spreads on the Spanish government bonds (at 10yrs) are 8bp wider than Friday close. Italy is also widening – out by 6bp but still early in the trading day just yet. The Spanish IBEX is […]

The Death of Socialism – the Rise of Tyranny

October 2, 2017

QUESTION: Hi, I tend to agree with your view about the decline in socialism.  However, I fear it will be replaced with the other extreme. Doesn’t the pendulum usually swing from one extreme to another? Regards, Jack ANSWER: Absolutely. This is the ONLY reason I am doing what I do. The risk is that we turn […]

Diversification – Smart or Dumb?

October 2, 2017

  QUESTION: Mr. Armstrong; Do you believe in portfolio diversification? ANSWER: No not really. I see no point in putting money in something you know will be a loss. Diversification within a sector is one thing. But buying government bonds when rates are at a 5,000 year low and governments are in trouble around the […]

Cryptocurrencies

October 2, 2017

QUESTION: Marty, do you think any crypto currency will survive? ANSWER: No. We are looking at central banks and even the Chinese government is moving to create a Cryptocurrencies. There is no question that we will be looking at this as the next evolutionary step forward in the monetary system. However, what I have been […]

Marxism/Socialism Is On the Decline

October 2, 2017

  I have warned that we are in a period where SOCIALISM is collapsing – not CAPITALISM. The distinction is manifest in rising retirement ages, reduction in social benefits, and rising taxation. This is also evident in politics. The Democrats really have no face to put forward as their leader. Hillary lost and even Elizabeth […]