Private Blog – Dow July 24th, 2018
July 24, 2018PRIVATE BLOG – The Dow Jones Industrials for July 24th, 2018
PRIVATE BLOG – The Dow Jones Industrials for July 24th, 2018
It was business as usual in most Asian markets today, with the Yuan declining followed by a rallying stock market. The Yuan hit it lowest level (6.8255) in over a year today, as market fears the support has been side-lined. The Shanghai index continued its firm run gaining an additional 1.6% today with constant support […]
QUESTION: Mr. Armstrong; It appears that Putin also follows your model. He has been selling all debt significantly for it seems he is listening to your forecast that interest rates will rise sharply so get out of government bonds. Do you see his selling because of rate increases or politics as some are trying to […]
QUESTION: Hi Marty, I continue to read your blog and if I understand correctly, interest rates are going up. My question is, can one profit from higher interest rates such as buying CD or bank stocks like Wells Fargo? ANSWER: The one thing you do not want to do is buy a CD with maturity. As […]
The market is again balancing the idea of whether or not the Yen is a safe-haven currency! Today, we saw a move back into the mid 110’s in an almost flight to quality run following weaker Nikkei, ASX etc. Japan was a bag of nerves today following the sell-off seen in JGB’s as 10yr rates […]
The the first debt bankruptcy of a major corporation in China has now taken place here on schedule in 2018. This first bankruptcy of a major corporation was due to over-indebtedness which occurred in the current year. The South China Morning Post reported that coal company Wintime Energy has been forced to cease operations after failing […]
COMMENT: Dear Marty, Hope you are doing great. Recently you may have heard Cristiano Ronaldo, the best football (what you guys wrongfully call soccer ) player in the world has left Spain’s Real Madrid and signed for Italian Juventus. There are many reasons behind this which involve broken promises of a better salary and especially […]
The Trump Revolution has clearly now spread to the Democrats. People do not understand that the Trump Revolution is NOT about a particular philosophy. It is about just throwing those in power out. The year 1933 was the same thing. That year saw the extreme-right elect Hitler, the left elect Franklin Roosevelt, and the extreme-left put Mao and […]
QUESTION: Mr. Armstrong; I tried to search to see if the Romans ever issued any coins to announce the victory over Masada. I did not find any mention of Masada and coins whatsoever. I assumed if anybody knew it must be you. Were there any coins to commemorate that event? BK ANSWER: No. […]
One of the more interesting downsides of the collapse in socialism is the impact upon the elderly. The data now shows that since the 2007-2009 recession, about twice as many elderly are still working. When interest rates decline, income from savings collapsed. So while the theory was to lower interest rates to “stimulate” the economy, the […]