A solid day for Asia with the broad based rally carrying all markets higher. Confidence gained from strong earnings, better data than US markets had expected and energy prices rallying over 3% all helped to produce a positive day. The Nikkei gave-up the mornings highs and drifted in afternoon trade but still gained +0.15% for […]
QUESTION: Mr. Armstrong, regarding your recent post about War, does this topic also relate to some hidden agenda about decreasing the world population? Thank you as always for your insight! Yours, JL ANSWER: There does not appear to be such a coordinated agenda. This is a few agencies who fear they are becoming redundant like NATO and […]
QUESTION: The coalition agreement in Germany provided for criminal sanctions against companies of any size. Naturally, the large companies can withstand such an attack. Small business cannot. Do you see this as another push over the cliff for Europe since Germany is the pillar of the EU economy? Thank you from Berlin HS ANSWER: Unfortunately, this […]
The SPD in Germany is a left-wing socialist party that still believes in exploiting the rich in true Marxist fashion. Now that the SPD gained power in a coalition with Merkel, the German economy is in perfect alignment with our Economic Confidence Model pointjng down into 2020. The SPD leadership has made it very clear that they […]
The upper house in Britain has overruled the people trying to keep the UK in the EU which would destroy the British economy. The upper House of Parliament backed calls to remain in the EU customs union after Brexit. The House of Lords voted 348 to 225 to amend the government’s EU Withdrawal Bill in a real […]
Wall Streets euphoria spilled-over into Asia with many markets making gains. The one outsider today was the SENSEX which closed marginally lower -0.2%, breaking its recent winning streak. We continue to see the INR trade weaker against the dollar and now is heading for levels not seen since late September 2017. The majority of the […]
While the majority keep bashing the Federal Reserve, other central banks seem to escape any criticism. The European Central Bank under Mario Draghi has engaged in what history will call the Great Monetary Experiment of the 21st Century – the daring experiment of negative interest rates. A look behind the scenes reveals that this experiment has […]
When governments attempt to persuade the people to their side, the rhetoric becomes so blatant it is stunning that the majority of people just believe what they are told. The typical tactic is always to paint your enemy as some “monster” as Trump just called Assad. You must always demean an opponent and the simple fact […]
There has been no president in history that the media has engaged in an all-out war to drive him from office than Trump. They have cheered every possible innuendo to undermine absolutely everything he has tried to do even things they would have supported under Obama like invading Syria. The bureaucracy is doing everything it can to […]
Again we saw Chinese equity markets suffer even after the better than forecast trade data. The 6.8% release was better than the 6.7% expected but, because March slowed compared to Jan and February this hit confidence in afternoon trading. The morning session had seen positive prints but could not hold the prices in late trading. […]
