The report of a reader saying it snowed in Rome was an incorrect translation. It was Hailstones. The same thing took place in Calgary. Although strange, they are not unknown even in summer. Hailstones are large, layered ice particles, often spherical in shape. They are produced by thunderstorms having strong, tilted updrafts. Hailstorms form within an unusually unstable air mass. In the […]
The Swedish election has shifted to the right thanks to the Refugee Crisis. The Social Democrats came in with the worst result in decades and the right-wing populists have risen to their best results since their inception. Although the Social Democrats escaped a complete disaster in the parliamentary elections, they have lost a lot to the right-wing populists. The […]
COMMENT: Marty; Did you know that your site is listed in the top 20 economic sites in the world? You are in the top 20 with Wall Street Journal, Bloomberg, London FT, and even Brookings Ben Bernanke’s Blog. The rest of the list includes the Economic Policy Institute, Economics & Statistics Administration, and The Berkeley Blog Business & […]
This theory of Global Warming and the oceans will rise and places like New York City and Miami will sink beneath the waves is just so childish it is beyond contemplation that anyone coming up with such a theory would ever understand a complex system. They must have cut class during Physics probably because it was […]
Unusual Snowfall in February 2018 that Reached Down to Rome COMMENT #1: Mr. Armstrong; It was snow flurries here in Rome already. This looks like a bitterly cold winter this year as you said. Roberto COMMENT #2: Marty; I live just down the street from your old place in Kensington. It is snowing already. […]
QUESTION: Mr. Armstrong; Do you agree with Trump that if he canceled NAFTA, the United States would be better off? SN ANSWER: Ironically – YES from a jobs perspective, not the consumer. What you have to understand is that these trade deals are all nonsense. They are NOT Free Trade in the least. They are […]
COMMENT: Just to let you know, already we have a record-breaking cold here in Minnesota. It did not even wait for Labor Day. DT REPLY: Yes I know. Things are changing and we really should stop this global warming nonsense and begin to actually investigate what is unfolding. Granted, this may not produce more taxes […]
Another negative day for Asian stocks as concerns over US/China trade wars and emerging market jitters continue. The timeline pasted for additional US sanctions which caused a small up-tic in prices ahead of the US numbers and the weekend. The Hang Seng managed an almost unchanged close, whilst Shanghai recovered much of the mornings levels […]
COMMENT: Mr. Armstrong; The chart you posted on the Venezuela share market really made me see what you have been saying. Collapse the confidence in government and capital flees to the private sector. This is never taught in school! You have to write a book for posterity. Please! RW REPLY: The Venezuelan share market has soared […]
QUESTION: Mr. Armstrong; I take it your concern over Trump from the market perspective is the sheer uncertainty that is evolving. How do you see this playing out for the world economy? Thank you. I agree. These people who hate Trump just hate him so passionately. MRU ANSWER: Markets do not like UNCERTAINTY. These people […]
