QUESTION: Why couldn’t Trump turn the Budget crisis into an opportunity and simply tell the American people that we have a budget cap and we will live within it and scrap temporarily his grandiose plans for big tax cuts and job creation. This would also put a lid on wild spending by politicians. ANSWER: Trump should […]
QUESTION: Dear Mr. Armstrong, as a daily reader of your blog I noticed the recent comment on the norweigian real estate market. You wrote that it was capital flight from the eurozone that made the prices go higher. Parking, not speculation, It seemed, in the light of everything, as a very natural development. As the […]
QUESTION: Do you think Trump is really a racist? I do not quite understand this. It seems like this has been manufactured simply because of his travel ban. Can you shed some light on this? Do you think Trump will really make a difference? Thanks MW ANSWER: There is no evidence that Trump is a […]
While Europe is certainly not turning bullish, what we do see is a bounce due to the fundamental focus of the pending US debt ceiling battle looming on the horizon. Naturally, the press will be blaming Trump so we should be prepared for headlines like US going to default. The press will use this incident […]
We have moved our servers to Florida. We are still in the process of expanding them. For everyone who has seen their subscription expire, we are extending that free of charge until the payment system is integrated. That we hope will be by the end of the month. For now, you will be able to […]
It has been a wild week for many markets but will probably be remembered for the week European government markets were given permission to turn. With that Asian markets closing on a quiet note but ahead of US Non-Farms that was not a surprise. From its highs oil lost 10% at one stage and even […]
The EU summit on Thursday ended illustrating the deep divisions and how the EU is collapsing. Poland has rejected the re-election of President Donald Tusk, who is Polish, for his autocratic leadership that refuses to look at the economic decline. Poland tried to block his election and this has led to a deep disagreement between […]
On March 15th, 2017, the Ides of March, we will see the Dutch elections which are the next big test of nationalist populism as it is being called by politicians. Yes, “populism” is being smeared by the press and the politicians because this is actually democracy where the vote of the people is supposed […]
COMMENT: Marty; I have to say, the forecasting on Socrates in Oil is very impressive. It picked the high and then forecast a water fall in February even though February closed higher. From even a technical perspective, it did not appear that such a sharp collapse would unfold. Absolutely amazing KW REPLY: This is completely […]
While Marine le Pen has reversed her position on introducing a new French franc saying she will set the rate at one-to-one to the euro and then allow it to float, whereas previously she said she would peg it to a basket of currencies. Meanwhile, we are looking at the collapse of the Fifth Republic formed […]
