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Market Talk- October 16th, 2017

October 16, 2017

The big event this week will be China which commences its 19th National Congress of the Communist Party on Wednesday. It is little surprise that the Shanghai stock market gave up early gains to close a fraction weaker. The initial rally was based on the expected strong CPI release (+1.6%), but was overshadowed by the […]

Private Blog Dow Jones Industrials

October 16, 2017

Private Blog Dow Jones Industrials Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.

Finally Belgium Speaks Out Against Spanish Oppression

October 16, 2017

The Belgium Prime minister Charles Michel has come out against Spain and now other European leaders applaud him for taking a position against the repressive action by Spain’s Civil Guard and National Police despite the fact that those in Brussels remain silent because they care only about their own jobs. Brussels has been silent fearing […]

Italy’s Solution for Unemployment = Pension Crisis

October 16, 2017

The high taxation in Europe has crippled the economy. Those in power have not yet figured out that 70% of employment is created by the small business owner who they consider the rich and thus the enemy. Nowhere has this been more the case in Italy, Greece, and Spain. Italy is the next on the […]

The Coming One-World Currency

October 16, 2017

QUESTION: Bitcoin + Cryptocurrencies Firstly, thank you – I’ve learned more from your blog and models that high-school would ever have hoped to teach me. And even after a year, I am a still at the start-line of knowledge. I am also been a follower and investor/gambler on crypto for over a year.   I […]

Theresa May Needs to Go to Vegas to Learn Poker

October 16, 2017

QUESTION: Mr. Armstrong; I know you use to live here in London and in Berlin, you said you still had your British driver’s license. Everyone knows you were friends with Prime Minister Margaret Thatcher and that you are the one they called when Britain had to face its disaster in joining the ERM. If you […]