Asia certainly showed its distain after the disappointing close on US markets. Japan, India and ASX all opened lower, but reassuringly they were the days lows. The Nikkei spent much of the day recouping lost ground and with the help of a weaker currency., finally finished marginally positive. The SENSEX did not fair so well, […]
The Supreme Court delivered a decision in the last week of its session that dealt a major blow to a California law requiring anti-abortion pregnancy centers to inform women about publicly funded abortion and contraception services. This was a very slick attempt to circumvent the First Amendment by forcing people to deliver a government script written by politicians. […]
QUESTION: Mr. Armstrong; You have obviously been correct on the Euro. You even called the bounce but it stopped at 1.2550 and did not reach your ideal target of 1.28. You are saying that interest rates in Europe are more likely to rise faster than the ECB predicts. The French central banker Francois Villeroy de Galhau […]
The deep minimum of Solar Cycle 23 and its potential impact on climate change has been interesting. In addition, a source region of the solar winds at solar activity minimum, especially in the Solar Cycle 23, the deepest during the last 500 years, has been studied. Solar activities have had a notable effect on palaeoclimatic changes. […]
The story of June has certainly been the US -Europe- Asia trade wars which were instigated by Trump administration back at the start of the month. The tariffs of 25% on Steel and 10% on Aluminum likely to affect around 100 Bn worth of goods globally. China and Europe since retaliated, with Europe initiating a […]
QUESTION: Mr. Armstrong; You pick themes that are not really just political on the surface, but beneath you are connecting the dots economically. This is what I read between the lines for you do not always emphasize it in every post why you will address issues like migration and civil unrest. Are these serious issues […]
The Supreme Court upheld Trump’s Travel Ban, which is absolutely correct under the executive powers. This illustrates the entire problem in law. If you try to get cute and challenge absolutely every little thing, you may very well lose the war and the battle. Trump’s original Travel Ban was temporary pending a review by the […]
For decades, people have been complaining that Administrative Law Judges (ALJ) were unconstitutional. They are simply employees and they do not even have to have a law degree. Yet these people have been ruling against citizens and supporting their agencies, reducing any Due Process of Law to a joke. Previously, Administrative Law Judge, George Painter, recognized the […]
It is still snowing across the border in Newfoundland, Canada in June. In Wisconsin, there was so much snow during April, it is still there in huge piles in June. Believe it or not, snowfall has still been reported this week in EIGHT states. This is California, Nevada, Washington, Oregon, Montana, Wyoming, New Hampshire […]
Markets really are unsure of what to believe and what to follow! First, they react negatively to the additional tariffs storey and then they bounce because it may have been a false start. Today we saw the Nikkei recover much of the early morning losses to substantiate a positive close. Having seen the index open […]
