COMMENT: A suggestion. I really think the annual Lobby Day in Virginia, scheduled for January 20, should be considered when discussing the turning point in the ECM. The potential for confrontational violence between the state of Virginia and the federal government on one side, and the Second Amendment supporters on the other, is high. This […]
The Economic Confidence Model has marked specific highs and lows in markets to the very day at times depending upon the shifts in capital flows. Why has the business cycle been masked in complexity that has prevented many from comprehending how it functions? I believe this is the result of the average person always […]
ASIA: China’s annual growth rate was reported as its weakest in 29 years. The growth rate was 6.1% with Chinese officials stating that the economy was stable. Other numbers reported were that population growth was also slowing with Chinese citizens having fewer children than in previous years. Malaysia is talking to the Indian government and […]
As we have reached the turning point for the conclusion of this 8.6-year wave, there is so much going on even politically it is mind-blowing. Everything from Impeachment of Trump which may bring a surprise, European army, constitutional change in Russia, riots in Iran, a new record high in the US share market, the bounce […]
ASIA: The Trump administration is looking to make progress in phase two trade talks with China, according to a statement made today by White House trade adviser Peter Navarro. The US wants to work on preventing China from subsidizing its state-owned enterprises. “It’s just insane that Chinese government officials continue to hack into American businesses […]
ASIA: After more than two years of rising tension, the US and China have signed a deal aimed at calming trade frictions. The agreement has been hard-fought, but it is unclear how much economic relief from their trade war it will offer. Tariffs will largely remain in place. Analysts say it’s unlikely that the deal […]
ASIA: President Trump’s trade war with Beijing reduced the US’ trade deficit with China last year, although Chinese manufacturers still export far more to the US than vice versa. China’s widening surplus provided ready ammunition to the Trump administration as it placed round after round of tariffs on the country’s goods to get Beijing to […]
ASIA: All eyes will be on the signing of the US and China trade deal that is due to occur on Wednesday when Vice Premier Liu will be heading with his entourage to Washington. It seems previous tensions are easing ahead of the talks. The US today removed China off the currency manipulator list […]
ASIA: Apple saw a huge boost in iPhone sales in China last month, but embattled tech giant Huawei won’t giving up the top spot anytime soon. Sales for the iPhone jumped 18% in December compared to the same month a year earlier, according to data from the China Academy of Information and Communication Technology. The […]
QUESTION: Mr. Armstrong; I was told that you were indeed the largest forecaster in foreign exchange. The story in London is you advised nearly all the Middle East and were the most important adviser on currency to BCCI, the bank the governments took down back in 1991 along with Salomon Brothers. They made a movie […]
