To survive what we face clearly requires an open mind to understand that everything in nature moves through a cyclical pattern. The majority of people see the world only in a linear fashion. Politicians proclaim they can change the world and create perpetual prosperity and/or punish those that cause recessions. Naturally, there are […]
QUESTION: Mr. Armstrong; Just about every culture outside of Christianity believed in the cyclical aspects of time and nature. Do you have any idea why Western Christian culture failed to incorporate cyclical theory? GN ANSWER: If you actually read the Bible, you will find the very similar cyclical references and numbers. It just seems that the […]
QUESTION: Hi Marty, we just saw the German elections play out. For Germany, this is a huge move to the left – at least in government. They also say that Europe will be strongly supported. I guess that means shoveling money to Brussels and raising it via more and more taxes. Now, I researched […]
Asian markets were pretty mixed after yesterdays US sell-off complemented by the tech turnaround. With little activity in Asia the focus is turning to next weeks FED meeting and the outlook for rates and the US Dollar. The strip currently prices in three rate hikes for 2018 and roughly 1.5/2 for 2019. However, one […]
Extremely reliable sources from Behind the Curtain in Europe are becoming deeply concerned that Draghi at the ECB has created a monumental economic disaster he is just praying to holding off until he leaves next year. Interest rates are already starting to rise significantly in several important money and interbank markets. Both banks and debtors are […]
COMMENT: I have been following your blogs for the past two years and have attended the past two WECs. I read with interest your continued comments on CALPERS and its pension mismanagement. I’m an attorney advisor and a client disclosed a few months ago that they had purchased $1m in municipal debt on the recommendation […]
All of the core Asian markets suffered from US uncertainty today with closes mostly in the region of -0.5% lower on the day. Continued uncertainty surrounding the growing fears of a trade war is spooking markets everywhere. The Nikkei finished a four day rally with a -0.9% decline. There was not much volatility there […]
The Justice Department is suing the state of California for violating the Constitution by passing laws that shield illegal immigrants. Governor Jerry Brown is simply committing treason. It is interesting how he is sheltering illegal aliens which seems contrary to so many aspects even economically. I understand children that were brought here, grew up, and […]
QUESTION: Today’s opinion section of the WSJ features an article on government’s intervention in AIG. The troublesome point concerns the possibility of a new precedent w.r.t. property rights in the USA, viz.: “…the government may unlawfully deprive shareholders of their ownership and control of a company as long as it does not formally seize their […]
A pretty mixed bag for Asia today with most core indices playing around unchanged for much of the day. The late weakness in the DOW obviously didn’t help confidence but then futures are bouncing back in Asian trading. The talk surrounding US tariffs still add a dampener on the Asian producers and that may be […]
