A lack of direction resulted in a mixed session for Asia today. Probably a sigh of relief for many market participants, as they are still attempting to explain the past few days events! Although, we are seeing volatile stock markets, it is worth keeping an eye on the currency movements. Again today we see the […]
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I flew to Germany to participate in another German documentary on the European Economy conducted by the renowned German filmmaker Marcus Vetter. I believe this will be released this weekend. Just for the record, I was neither paid nor do I participate in any revenue from this new film. I agreed to participate as a […]
I have been warning that the one thing our computer is projecting on all election fronts around the world is that we will see rising violence and we should expect that voting will be rigged. Canada has already put out a warning that they are witnessing threats of violence against candidates as reported in the National Post. […]
The Egyptian Economist, Abdel Khalik Farouk, is the author of more than 20 books on corruption in the Egyptian economy. His latest book, Is Egypt really poor? was confiscated by Egyptian authorities last week on the day of publication. The owner of the printing house, Ibrahim El Khatib, was also arrested. Farouk has set out that the corruption […]
COMMENT: Mr. Armstrong; I believe I understand your criticism about analysis. Whatever trend is in motion people assume will remain in motion. This is dangerous in managing a company, economy, and climate. I read the New York Time from 1961 when they said the climate was getting colder. Perhaps we need to teach a course […]
The weak US session did not help retain Asia’s confidence overnight and we see the result of nerves returning. Yesterday’s performers were todays victims, with most losses being centred round the Nikkei, Shanghai and the Hang Seng. The interesting thing for Japan is that although we saw a 2.65% decline in the Nikkei and we […]
QUESTION: Mr. Armstrong; I agree that something seems to be changing faster than perhaps we might have expected. Is there anything that points to how fast a pole change might actually take place? How long do such events last? Is that a permanent change? Thank you for a most thought-provoking blog PD ANSWER: First of all, there […]
QUESTION: Mr. Armstrong; the Democrats are raising far more money from the various big Super-Pacs to take back the Congress. The talk is the New York bankers are telling staff not to donate to Republicans. Do you know if this is true? SH ANSWER: The 2016 Presidential Election was a monumental game changer. Trump did not […]
Asia was a buzz this morning having heard verbal intervention in support of further stimulus and possible future tax cuts. This took the core indices from lower to over 5% higher at one stage. The turnaround in China has fuelled confidence around the world helped by positive Italian news and a sway of M+A activity. […]
