Retail Sales Falling in the US – a Softer Tone
Retail sales in the US fell short of expectations this month, according to data compiled by the Commerce Department. Retail spending decreased 0.6% from April to March, undermining forecasts of [...]
Why the Fed Stopped Lowering Short-term Rates
The Repo Crisis is only Part II of this Mother of All Financial Crises. Where Quantitative Easing was buying in long-term debt to try to lower long-term interest rates and stimulate the economy, the Repo Crisis is entirely different for its objective is to prevent short-term rates from rising. The Fed did not lower rates today and hinted that rates would remain unchanged into 2020 BECAUSE the pressure is rising for short-term rates to rise. This is confirming that all central banks have LOST control of short-term rates.
We face something that has NEVER before been witnessed in economic history. I have written this report which will include an update next year because this is a critical issue that will dictate the fate of everything else. This is the Index to the Report
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Revelations – Are We In The End Days? 1,000-Year Cycle
Various cultures and religions have been concerned about the end of time looming throughout history. Aethelred II (978-1016 AD) was so convinced the world was about to end in 1000 [...]
NYC Mayor Proposes Solution for Lifeguard Shortage
The Democrats are looking for any possible way to expedite the immigration process for future blue voters. Eric Adams flops between crying to Washington for forcing the migrant crisis upon [...]
The Dow Hits First Target 40,000 – What’s Next?
https://www.armstrongeconomics.com/wp-content/uploads/2020/06/1987-Larry.mp4 COMMENT: It is baffling why you are not on the front page of the WSJ, Barons, London FT, NY Times, and every financial newspaper claiming to be interested [...]
