Market Talk – April 29, 2024
ASIA: The major Asian stock markets had a green day today: NIKKEI 225 closed Shanghai increased 24.41 points or 0.79% to 3,113.04 Hang Seng increased 95.76 points or 0.54% [...]
Housing Begins to Crash – Australia – New Zealand – London
Property values are starting to crash hard in Sydney Australia, New Zealand, and London. Politicians are simply idiots. They all targeted foreigners buying property as the leading cause for the rise in housing prices. What they failed to grasp is that people spend more money when they THINK they have equity in their home. Whenever housing starts to decline, so does consumer spending and guess what – you get the economic downturn. Dah!
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Half of Americans Want Mass Deportations
https://www.armstrongeconomics.com/wp-content/uploads/2024/03/BidenApologizesMigrants.mp4 Inflation and migration are two major issues trending before the elections. A new Axios Vibes survey by The Harris Poll found that half (51%) of Americans want illegal immigrants [...]
Smith & Merrick Garland of DOJ Have NO Constitutional Authority to Prosecute Trump – PERIOD!!!!
COMMENT: Mr. Armstrong, You may be a trader, but your understanding of constitutional law far surpasses that of most attorneys. I heard your father was also such a man. As [...]
Beware of 2025
QUESTION: Hi Martin, What are you thoughts on holding cash into 2028? You said cash was king, but there would come a time to abandon cash. It seems this CBDC thing is [...]
