Rio Tinto has employed the first fully autonomous train, which many are calling the world’s largest robot. Rio Tinto’s project has eliminated humans and that saves on pensions and salaries. This is the way of the future because of exponentially rising human costs. The train completed its first delivery of iron ore between the company’s […]
A pretty mixed day in Asia today with a small improvement for Japan, whilst the China decline continues. Having heard the comments from FED Chair Jerome Powell, markets assumed a hold mentality with volumes reflecting the uncertainty coupled with summer lull. The Nikkei did add +0.5% onto yesterdays numbers, but at the expense of the […]
PRIVATE BLOG – Dow Jones Industrials July 18th, 2018
There are groups of Democratic Socialists that are stalking Trump’s staff and Republicans. White House Press Secretary Sarah Huckabee Sanders was refused service in the Red Hen Restaurant which is really no different than discriminating against someone because of their race. If it were over race, that action would be criminally prosecuted. Other angry protesters are […]
Believe it or not, Chinese start-ups have for the first time collected more venture capital than newly established US companies in the past quarter. This is reported by the South China Morning Post . Almost half (47%) of the venture capital used worldwide was spent on start-ups from the Middle Kingdom. The American start-ups were only just over a third (35%). […]
I really do find it totally beyond belief how even Republicans, such as House Speaker Paul Ryan, are coming out to criticize Trump saying Trump should have blasted Putin for interfering in the US election. He said, “There is no question that Russia interfered in our election and continues attempts to undermine democracy here and around the […]
COMMENT: Sir, Your blog about the “Deep State” being nothing more than the bureaucracy made me laugh. If memory serves, didn’t some of the Chinese dynasties implode because of bureaucracies? Or am I being nearsighted and all governments typically implode because of bureaucracies? On a fractal level, don’t all corporations implode because of their bureaucracies over […]
Despite all of the weekends headlines surrounding US Presidents Trump’s meetings with NATO, UK’s PM Theresa May and then on to Helsinki with President Putin markets maintained calm. The USD remains very well supported, core bonds around the globe held their ground and other than a drift in energy prices, overall we survive in a […]
COMMENT: This character who pretended to be a journalist was only an op-ed contributor. It is amazing how so many journalists are using this against Trump. They truly are distorting this event and are fake news. PP REPLY: Yes it is really a sad day. I have written OP-ED pieces for the Wall Street […]
COMMENT: Mr. Armstrong; there are just people who refuse to believe that global warming is wrong. When there are cold spells like that here in Australia, they argue there are equally a number of warm spots. They are leading us down the tubes. They will not yield and even consider that they are wrong and […]
