White House Vacant – Biden Absent 40% of Presidency
The average American will never take a 16-day consecutive vacation from work. Why did President Joe Biden take off for nearly half of August? RNC Research reported that Biden has [...]
Asset Allocation & Diversification
QUESTION: You do not believe in wide diversification?
ANSWER: No. Wide diversification is only required when the investor does not have a clue about what is going on in the markets. We have asset allocation models for Institutions who simply believe they must have some diversification. The main objective is to limit the areas they will take losses on because of diversification. Why buy government bonds when you know we are at a 5,000 low? I am sorry, but sometimes the allocation to a particular segment should be ZERO!
Latest Posts
Stagflation Begins
Nine of the 12 Federal Reserve districts reported a decline in economic activity in August, up five districts from the July Beige Book report. Our system has warned that we [...]
Forecasting Recessions
https://www.armstrongeconomics.com/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4 COMMENT: Mr. Armstrong, I find it incorrigible that everyone now claims recession when they have never predicted a recession before. That was clear from the video you had [...]
Market Talk – September 9, 2024
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 175.72 points or -0.48% to 36,215.75 • Shanghai decreased 29.32 points or -1.06% to 2,736.49 [...]
