The Fools on the Hill
COMMENT FROM EUROPE: Hello, Mr. Armstrong; I hope you are having a good Saturday so far ? reading today your latest post ,it seems to me the world is approaching [...]
US Share Market Meltdown?
Everything is still on track for a pullback. The Dow Jones Industrial Average closed at a 14-month low on Thursday, the second consecutive day of sell-offs after the Federal Reserve announced its fourth widely-anticipated rate hike of the year. Interestingly, despite the fact that the rate hike was expected, the Fed’s revised outlook for a cooler economy stoked overall fears about a slowdown coming 2019-2020. There are also concerns over the government shutdown threatened by President Trump and the continuing trade tensions with China worried investors. Of course, none of these issues are really long-term bearish factors. Our model has been pointing to a correction given the NASDAQ peaked in August, S&P500 in September, and the Dow in October showing a great disparity between domestic retail v professional investors against international. The market has still not breached important support levels.
We will provide a PRIVATE BLOG update for the morning
Latest Posts
Biden, Harris, Blinken, & Austin – Congress Must Immediately Arrest All Four
I have been waiting for a response publicly after Russia on Tuesday launched its new hypersonic ballistic missile. This weapon is a preemptive weapon that can neutralize NATO to a [...]
It’s Always Hillary
https://www.armstrongeconomics.com/wp-content/uploads/2024/11/Tulsi-Russian-Asset.mp4 COMMENT: Marty, After I watched this video of Megan Kelly explaining the Hillary scheme and even claiming Tulsi was a Russian asset, I tried to contact her. Her [...]
