Trump should reverse what the Clintons did to student loans. He should RESTORE the right to go bankrupt. This huge problem was created by the Democrats who exempted student loans from normal protection for consumers. In addition, the bankers then exploited the entire issue by getting parents to co-sign. The entire argument for eliminating the […]
QUESTION:Dear Martin: Do you have any concerns for the equity markets from the upcoming conversion from Libor to SOFR (the secured overnight financing rate). A recent article from Business Insider highlighted the following: “Libor, linked to about $350 trillion worth of financial products, will be replaced by an alternate pricing benchmark for everything from mortgages […]
QUESTION: Bernie Sanders was basing his whole economic proposal to just keep spending and make everything free. They seem to be teaching this in school now. This macroeconomic theory whereby a country’s spending is only constrained not by revenue in taxes but by inflation when it creates a sovereign currency. It seems too good to […]
It very clear that Mueller is acting like any other prosecutor and is using the press for PR stunts. CNN’s reporter David Shortell claimed he had “reporter’s instinct” which led him to get footage of Roger Stone’s pre-dawn arrest, not a tip from the FBI or special counsel’s office. That is about as credible as all […]
QUESTION: Mr. Armstrong; I have studied you Economic Confidence Model and found it to be extremely accurate in forecasting the business cycle. When I showed it to my professor here at ——— he responded that itis impossible to forecast the business cycle. He would not even engage in a conversation about it. Why are they […]
Corporate America will suddenly discover that the Democrats are moving substantially to the left and will do whatever they can to further that goal. The Democrats are becoming the new party of anti-corporation/business. They embrace the misguided ideas of Alexandria Ocasio-Cortez who has been joined by Bernie Sanders and Elizabeth Warren. This new agenda is […]
Asia: Firstly, we would like to wish our Chinese and Korean readers a happy new year and have a wonderful holiday. Asian stocks posted positive returns as optimism grew regarding a possible US and China trade deal. Donald Trump and Xi Jinping are due to meet on the 27th and 28th of February in […]
COMMENT: Mr. Armstrong I am currently based in Oklahoma City OK and recently received a citation from the District Attorney’s office, Oklahoma Uninsured Vehicle Enforcement Diversion Program, after a photo of my vehicle’s license plate was snapped while driving on a turnpike thoroughfare. The citation accused me of driving without insurance and attached a hefty fine […]
The latest on the global warming front is a UN report on the “emissions gap” that admits the Paris Accord would never work. The UN has admitted that the environmentalists have made dire forecasts that assumed whatever trend was in motion would remain in motion. They ignored all other evidence and cycles. Even if every […]
So much for Global Warming. We really need to prepare for what happens if we continue down this path of colder winters. The ground freezes and it can freeze even down two-feet. That means good luck on growing anything. It has been so cold, that even the rails for trains broke in three different […]
