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Market Talk – June 7, 2023

June 7, 2023

ASIA: Singapore’s retail sales exceeded expectations, increasing by 3.6% year-on-year (YoY) and surpassing the projected contraction of 1.9% YoY. On a monthly basis, retail sales rose by 4.2%, with a similar increase seen when excluding motor vehicle sales. Despite elevated inflation, retail sales have remained strong, potentially due to the return of visitors to Singapore. […]

Gold & the Future

June 7, 2023

QUESTION: Mr. Armstrong, first I want to thank you for your independent analysis. In gold, all they ever say is buy – buy – buy. It seems if you ever say anything else, they ridicule you. Gold to them is a religion, not an investment. My question is that you have always said that the […]

There is no Glory in the Grave

June 7, 2023

“The working class of Europe has nothing to gain from this war and everything to lose,” Irish European Parliament member Clare Daly stated in October 2022. “I find it laughable that those who call for arms to Ukraine never call for arms for the people of Palestine, or for the people of Yemen.” She is […]

US Voters Want Economic Growth over Equality

June 7, 2023

Inflation has hurt everyone. It is no surprise that a recent poll by Rasmussen Reports indicates that US voters are now prioritizing economic growth of equality. The latest survey found that 64% of voters favor policies that contribute to economic growth, while only 27% said they prioritized economic fairness. In 2019, before the last election, […]

Iran and Saudi Arabia – Mutual Friends

June 7, 2023

Iran and Saudi Arabia are now mutual friends through China. The two countries had been sworn enemies since the beginning of time, representing conflicting Shiite and Sunni Muslim groups that have been battling since their religion was founded. They were murdering one another through a proxy war in Yemen that has left over 150,000 dead. […]

Current State of Affairs

June 7, 2023

Ep. 1 pic.twitter.com/O7CdPjF830 — Tucker Carlson (@TuckerCarlson) June 6, 2023 All my sources confirm it was the guy who wears the same T-Shirt to pretends he is defending democracy when he is not in his high-heels The post Current State of Affairs first appeared on Armstrong Economics.