The new Trade Agreement between Mexico and Canada (USMCA) and the United States over which Trump has been so criticized for was obviously necessary from a number of perspectives. The new USMCA is drafted as a new stand-alone trade agreement, rather than amendments to NAFTA. It includes transition provisions dealing with NAFTA, some modifications to those […]
Asia was more concerned about the weakness of the core Chinese markets after last weeks holiday. The Peoples Bank of China cut (by 100bp) the reserve ratio for lenders on Sunday and that move spooked an already wobbly market. The Hang Seng had already responded to higher US rates last week and so closed […]
QUESTION: Do you concur with the IMF WARNING? RKC ANSWER: The IMF said: “No financial regulatory framework can or should aim to reduce the probability of crisis to zero, so regulators should remain humble.” What the IMF is warning about is the risk of interest rates rising and countries who have borrowed in dollars are presenting […]
COMMENT: I love when you educate us about the weather, especially the cycles. the NAPOLEON story killed me !!! I’m a french and believe me, nobody talked in school about the weather cycles when he tried to fight Russia and lost everything. I read 3 times your chart which plots the temperatures and the cycle initiated […]
QUESTION: Hi Marty, Can you help us better understand the dynamics of the sovereign debt crisis as it relates to US Treasuries? I know we are in a global debt crisis, which will also impact US Treasuries but it seems like short treasuries is the current consensus (I believe they are currently at the biggest […]
QUESTION: Dear Mr. Armstrong: I have a few question if I may. In the past you mentioned that you taught technical analysis for institutional managers before. Is there by any chance that you will teach and hold a session for a class for the general public. I would like to attend your class and learn from […]
COMMENT: This business with Trump and the media is quite amazing when seen from a distance. I read posts from people who can not see past what they are believing. It’s as if the hate for Trump has become a Religion. A religious person will refuse to look at things from another perspective and this is […]
In the programming world, Activists from the feminist and LGBTQIA+ communities have been trying to force the Linux project to join their Contributor Covenant since at least 2015. They want to boycott all programming unless they sign agreements with the feminists. The same hatred we are witnessing in politics has taken over in so many fields. Anyone who refuses to […]
Ok, it is time to all hold hands and jump up and down a few times to set the Earth back in line. The latest is that since 1899, humans are now also causing the Earth’s axis of spin to shift about 34 feet (10.5 meters). Now, research quantifies the reasons why and finds that a […]
The draconian fear of rising rates being bad for stocks, was flushed through into Asia this morning with all core markets trading heavy. The Nikkei lost nearly 1%, having opened lower it could not find a confident bounce throughout the day. The Yen is treading water around the 114 figure level, but looks to be […]
