They are calling it an unexpected contraction in Singapore’s economy which is in line with our Economic Confidence Model which bottoms in January 2020. In addition, China’s exports have also declined by 1.3% during June. Gross domestic product in export-reliant Singapore declined by a shocking 3.4% in the second quarter from the previous three months. […]
QUESTION: Mr. Armstrong, in relating your comments on weather and how the winters will spike to record cold and then the summers will spike to record highs, is this the same as a panic cycle in markets? HC ANSWER: Yes. Our computer looks at the weather the same as it does with the price in […]
QUESTION: Mr. Armstrong; It has dawned on me studying Einstein’s General Relativity, that the two of you reached the same realization from different fields. Newton’s laws of gravity were turned upside down by Einstein who rejected Newton that there was a linear formation to space. Einstein came up with the fact that space was curved […]
A lot of people have written in about my comments concerning how the world is completely in a state of global chaos which is why this year I will be providing a continued video update for the 2019 WEC attendees. Those looking at the arrays of many markets are also starting to notice how global […]
The tensions in Europe continue to rise as the entire refugee issue has led to a major polarization within Europe. In Italy, the BBC reported that an anti-terrorism police unit in northern Italy seized an air-to-air missile and other sophisticated weapons during raids on far-right extremist groups who were combat ready. The missiles belong to […]
Nigel Farage’s new Brexit Party is now the second largest in Britain. The Conservatives still topped the YouGov poll with 24% of the vote, but they were boosted by the prospect of Boris Johnson, who is a Brexit believer, as the next Tory leader. The prospects for Europe remain up in the air as Brussels […]
One of the most fascinating observations I have made over my career has been that the banks always lend at the top and contract lending at the bottom in every market. Going into 1980, banks were calling me to ask if I wanted to borrow money. Recently, I got a phone call from my bank […]
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This year’s WEC is extremely important as we now approach the turn in the Economic Confidence Model come January 2020. Two critical patterns are possible — a 2020 low and rally thereafter, or a 2020 high with respect to the share markets. Meanwhile, we face the biggest Bond Bubble in the history of civilization. The […]
U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.), Rep. Ilhan Omar (D-Minn.), Rep. Ayanna Pressley (D-Mass.), and Rep. Rashida Tlaib (D-Mich.) held a news conference on Monday to respond to President Donald Trump who targeted the women in tweets and comments, which of course people claimed were racist since you cannot attack what they say simply because they […]
