St. Malachy’s Cyclical Prophecy
COMMENT: I remember you saying that Pope Francis would not be the last pope and that he would not last until 2032. Well, your critique of St. Malachy’ will be [...]
Has the “Smart Money” Entered the US Share Market Yet?
QUESTION: Dear Armstrong,
According to Dow, a bull market has 3 phases, the final being the distribution by the smart money to the public.
You stated that retail is still not participating. Could this be why the market appears to be unable to stop going up? Because the smart money continually fail to entice the dumb to jump in?
Cheers
GF
ANSWER: So far, the “smart money” has been more foreign than domestic. We have not even remotely reached that level where the domestic “smart money” is sticking more than their toe in the water. Just look at the Dow in euros compared to US dollars. The Europeans have been making a fortune buying the dips in the US market on a currency play in addition to the market itself.
Latest Posts
The German Elections Tomorrow
The German elections are tomorrow, and the polls are touting the failed government of Schultz as the winner. Germany will hold a snap national election on Sunday, February 23, after [...]
Interview: It’s Just Time for the Silent Majority to Awaken
Martin Armstrong returns for an interview on the foreign and domestic policies currently rolled out in the U.S. and on their implications for the international order. The Trump presidency is [...]
Obama’s Library – How the Democrats Run the Country
https://www.armstrongeconomics.com/wp-content/uploads/2025/02/Obama-Library.mp4
