QUESTION: Why do you paint the left/Democrats as really being Marxist? OP ANSWER: Marx is the one that started the entire focus on the class warfare. Keep in mind that Marx began his position with socialism – not communism. It was the Commune Movement in Paris that persuaded Marx to adopt communism, which was the […]
QUESTION: Mr. Armstrong; Did Donald Trump take your Tax Reform Proposal you submitted to Congress back in the nineties? RK ANSWER: I know a lot of people have been asking that since his original corporate tax rate was 15%. What I can say is that the notion to eliminate deductions for State income tax has […]
While the American press keeps pushing the class warfare along with the Democrats, outside the USA there is a major panic taking place on a grand scale. I have been called into meeting in Europe and even in Asia all deeply concerned about the loss of competition with the United States due to the Trump Tax Reform. Naturally, […]
It really does feel as though Christmas is being used an excuse not to do anything! Volumes have been poor for a while but recent trading questions whether we really need to open five days a week. No-one expected the BOJ to light the fuse and that was reflected in todays price movement. Early losses […]
QUESTION: I loved your mention of how our money is not “printed”. You are THE ONLY financial expert to mention this. And you can’t understand our economy without understanding Electronic Money. I researched this 3 or four years ago and came up with, .003 physical currency vs the rest as Electronic Money. I later stumbled […]
My recent meetings in Brussels reveals some concern what happens when Merkel loses power? Schultz is calling for the complete federalization of Europe – the United States of Europe as he puts it. The power is starting to slip between their fingers and as Italy approaches its confrontation with the EU in the next elections, there too we see […]
QUESTION: Mr, Armstrong; You said this year your computer is forecasting the coldest winter in a long time. I assume this is cyclical. Is this due to the sun diming? KE ANSWER: Yes, that is part of it. We look at correlations and what lines up with that is also a disruption in the […]
Its that time of year again, when volumes are less than comfortable and many just working half-days. We saw a mixed Asian response to the US tax reforms, but to be fair we have seen plenty of upside already. Most core indices edged lower even with currency also losing ground. The Nikkei did managed […]
The House just passed the tax bill in a final vote after a procedural hiccup relegated the bill back to the floor for a second vote. The Senate passed the bill early Wednesday morning along party lines. The tax bill is on its way to President Trump’s desk now, slating the tax overhaul package to […]
Our staff in Thailand are reporting – “It’s Cold!” They are wearing coats in a place that is normally 30c (86f). Weather will continue to get strange in a lot of places around the globe. The decline in the energy output of the sun is extremely rapid and far more than anyone expected this quickly […]
