There is a town named HELL in Michigan. It has actually frozen over. There were more than 3,600 flight cancellations and more than 14,867 delays. This extreme cold weather coupled with the shutdown will mean that the 1st quarter numbers in the US economy will also turn down sharply. Temperatures dropped into the mid […]
Everyone who ran out and bought an electric car has suddenly discovered that when it gets cold, the battery will lose on average 20-25% of its charge. The idea that electric cars will replace fossil fuels is really a dream. That will work in warm territories, but when it gets cold, they will require more […]
Asia: Yesterdays’ FOMC, although rates were unchanged, the surprisingly dovish tone from Fed Chair. What was to follow was the global markets reacting to this, with Asian markets all performing well namely the Japanese Nikkei 225 and the Hang Seng index rising by 1.1% and the Chinese Shanghai Composite rose 0.4%. Huawei, with the […]
Chicago is now even colder that Antarctica with wind-chill factors at 70 below zero. What really astonishes me is that nature is never responsible for anything. Somehow, we are always to blame. This attitude seems to be exceptionally arrogant for we are more powerful than nature and to presume so we must assume that […]
QUESTION: I work in the construction industry in Phoenix Arizona and there has been a boom in new construction for apartments, condos massive housing tracts and all of the retail that follows this. When I read about your worldwide property crash forecast the economic forecast for growth in our market is that that there is […]
QUESTION: Dear Mr. Armstrong, Thanks for the Socrates forecast. Just a question. What will possibly happen to existing Tropic Belt countries like my region South East Asia when the world is turning into global cooling? Any forecast? Regards, SS ANSWER: I am awaiting their data to run it through and see what comes out. This is […]
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There is a very interesting aspect of our model which will begin to come into play in 2020. The cycle is changing here in 2019 and we are entering a period of a new political trend into 2023. This not such a great thing for either party. What is clearly taking place is that […]
I have warned that the entire Student Loan Crisis has significantly altered the economy thanks to the Clintons courting the New York bankers making Student Loans the exception to bankruptcy. In Florida, like many other states, if you are in default on your student loans, the medical license to obtained is suspended. The Florida State Board […]
QUESTION: It seems the Left Wing Progressives in the US House (opponents of Pelosi) have adopted the Money Market Theory of Prof. Stephanie Kelton of U of MO.-Kansas City to justify unlimited deficit spending of the US Govt. OK as the Govt. can finance its deficits by unlimited currency printing. Would you please comment. Thanks and […]
