COMMENT: I am a senior exec here in the German auto industry. I attended your Berlin conference. I just want to say your ECM is remarkable. Our industry has seen a decline in auto sales since the middle of 2018 right on schedule. It looks like it will be a hard landing here. This Brexit […]
In Japan, Nomura’s chief Koji Nagai took over as Nomura’s chief executive back in 2012 and followed that appointment with a $1bn cost-reduction plan that was criticized both externally and internally for failing to target the inefficient divisions of Nomura’s domestic operations in Japan. The latest program will see the company close more than 30 […]
QUESTION: Mr. Armstrong; I assume you read that Mr. Nagai has confirmed what you have been saying that the central banks have destroyed the bond markets. I must confess, his comments have finally struck a vein in our senior management. I have been trying to explain your view to them but nobody wanted to think […]
QUESTION: Will you be covering BREXIT and the May elections since Nigel Farage will be speaking? What about your forecasts on civil unrest? It is really starting to surface here in Europe. Thank you MU ANSWER: Yes. Politics is critical because this is reflecting the shifts in confidence that will drive the markets. We are […]
QUESTION: Marty; Your capital flow models have been remarkable. Do you see Europe as ever getting its act together? We need support to get decisions approved as you know. Will you provide that for us to present to the men above? Thanks. Nice to see you in Europe. Rome should be great at this time […]
QUESTION: Mr. Armstrong; It seems few people even understand that there have been two-tier monetary systems. Do you think this can be a possible tool in the currency crisis you are forecasting for 2021? Thank you; Looking forward to Rome and meeting Mr, Farage as well PC ANSWER: Various countries used to mint trade dollars […]
Hillary Clinton has responded to the arrest of Julian Assange by saying effectively – FANTASTIC. Hillary claimed that Assange’s arrest had nothing to do with journalism. She said he “has to answer for what he has done, at least as it’s been charged.” Of course, the Mueller Report stated that Assange lied about Russia. So […]
At least 207 people were killed and hundreds more injured on Easter Sunday in Sri Lanka. Suicide bombers sought to kill Christians in a coordinated attack simultaneously targeting churches and luxury hotels. The explosions took place miles apart, and the targets included three Christian churches holding Easter services and three hotels. In addition to those who […]
The Yellow Vest movement is turning into a major confrontation demanding Macrone leave office. The French police are now protesting after 28 officers have committed suicide so far in 2019. This is double the amount recorded at the same time last year. While the press tends to focus on complaints of a lack of resources, unpaid […]
QUESTION: I have been hearing a lot about house bill HR2990 also Senate bill SR759 could you explain what this is supposed to do to our economy thank you S ANSWER: That was simply a bill to remove Social Security numbers as the identifying number for Medicare. The purpose of that was to prevent identity […]
