Todays comments from China president, Xi Jinping that China was willing to open its markets, soon lent equities a helping hand. From a lower core opening, it was not long before all started to move from strength to strength. Shanghai and the Hang Seng reacted most to the speech and saw returns of around 1.75% […]
Viktor Orban has clearly won the parliamentary elections in Hungary winning 74.6% of the votes on Sunday in Budapest. His party could take 134 seats in the 199-seat parliament giving it a constitutional two-thirds majority. This is an amazing landslide victory for Orban that no American president has ever reached such a majority. The record is 61.05% of the […]
QUESTION: Mr. Armstrong; I greatly appreciate the mere fact that you cover the Russian markets when nobody does. It is really incredible that your computer can write so much and there is no fear of bias or policial slant. Socrates just wrote, “At this moment, this market is in a downward trend on all our […]
QUESTION: Mr. Armstrong, Putin invaded Syria precisely on the day of your model back in 2015.75. You have stated at the WEC that the upcoming Pi turning point on November 21, 2018, is most often political in nature. You scheduled this year’s WEC for the week before. Trump just called Assad an animal. Even […]
A very encouraging start to the week especially given the declines seen in the US late on Friday. Many were concerned Asia would continue the US wobble, which were the preliminary moves for Shanghai, Nikkei and ASX. However, after the initial moves were rejected most moved to recover early losses. The Hang Seng was the […]
Economic Theory QUESTION: Hi Mr. Armstrong. Impressive work you do. I have followed you closely since I watch your documentary and your predictions have mostly been spot on. I was wondering if you perhaps could share some thoughts on the increasing US budget deficit while employment etc is at multi-year low. This is rare and […]
QUESTION: Hi Marty, I am curious if you have a take on the BOJ. They own almost all of the JJB market and have stated explicitly they will buy it all. Now they own 77% of the Japanese ETF market. Is it folly to suggest that the US gov’t or FED is not doing the exact […]
QUESTION: Mr. Armstrong; On your January 29 blog, you wrote “In the US Share Market, this is now a turning point we have reached. I have warned for months that exceeding the November high would lead to a January high. Now, the failure of February to make new highs warns of a March low. The support […]
QUESTION: Mr. Armstrong; The analysis being punted around is that the crash from January was caused because companies stopped buying back their own shares. The analysis claims that $4 trillion in buy-backs have taken place since 2009 and they stopped because of regs and that was the cause of the crash. It seems to me […]
The US share markets opened lower on Friday as renewed fears of a trade conflict between the United States and China continued to top the excuses for a correction. This even took the headlines surpassing the lower-than-expected March jobs data which they traditionally have focused on with respect to interest rate hikes. As always, there seems to […]
