All posts in "News"
Market Talk- January 25, 2019
January 25, 2019The meandering of US markets failed to provide an excuse for Asia, but it found its footing anyway and can point to tech as the key driving force. There is still a lot of hype in China for domestic support and official direction helping sentiment and today that became more targeted. This enthusiasm in helping […]
Forecasting & Political Correctness
January 25, 2019COMMENT: Good day; The great public pension fraud here in Ontario, Canada allowed the public service unions to endorse Liberal candidates who would give them their 3% raises every contract. This gave them an 18% head start (the number of public sector employees) to win an election that only required 34% to gain power. The percentage […]
Illinois Confiscating and Selling Cars if you Owe Tickets
January 25, 2019Believe it or not, Illinois confiscated and sold 50,000 cars because people had tickets that they could not pay. They still have to pay the banks on their car loans. The tickets are for expired “city stickers” that were implemented to collect more taxes from Chicago drivers. So these are not even tickets for parking […]
Market Talk- January 24, 2019
January 24, 2019Most core Asian indices finished todays trading on a positive note. Both Shanghai and Hang Seng indices recovered from early losses and managed a close at the days highs. Both closed up +0.4% on continued talk of domestic support and the possibility of shorter working weeks. In Australia the jobs number released better than expected […]
Margaret Thatcher on the True Duty of Government
January 24, 2019https://www.armstrongeconomics.com/wp-content/uploads/2019/01/Thatcher-on-Taxes-Duty-of-Government.mp4 I have been asked many times why I was friends with Margaret Thatcher. I’ve also been asked if I have known any other politicians since who I was proud to call a friend. This video explains a lot as to why we were friends. We shared a view that really no longer exists […]
Merkel & Macron Signing Treaty to Create a European Army
January 24, 2019Merkel and Macron, two politicians who cannot muster even a majority of their people for support, signed a Franco-German friendship treaty which has allowed them to boast that this is the first step to creating a European Army. There is a mad rush behind the curtain to create a European Army, not to protect Europe […]
Market Talk- January 23, 2019
January 23, 2019Asian markets had already had a taste of the IMF outlook, but today the Bank of Japan again trimmed its inflation forecast and that hurt the Yen. Having already suffered the weekend headlines, todays price action tended to drift in light volume even as the Yen touched the 110 handle. Eventually, the Nikkei closed with […]
Reversals v Technical Analysis
January 23, 2019QUESTION: Hello Mr. Armstrong, Thank you for your services and commitment to society! I read your Blog daily and the wealth of information you provide is breathtaking. My question, is it possible to add a service to the GMW, where we can draw our personalized trendlines and where Socrates would provide us our Reversals based on […]
Gann – Astrology – Reality
January 23, 2019QUESTION: Hi Mr. Armstrong, Do you have any thoughts on Gann and his methods? It seems his astrological approach provides an interesting insights into cycles as well and was curious on your thoughts about his approach Thanks BB ANSWER: None of the models I have created are based upon any astrological approach or movement of the […]
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