All posts in "News"

Elizabeth Warren Calls for the Dismissal of the Head of SEC Who Refuses to Comply with Law

October 23, 2016

Elizabeth Warren wrote to Obama demanding Mary Jo White, the head of the SEC, be fired. She wrote: “I do not make this request lightly.”  Warren has sought that the SEC require corporations to reveal their political donations. “I have tried both publicly and privately to persuade Chair White to direct the agency’s resources toward pressing […]

Brussels Contemplates Outlawing Short Selling on European Bank Stocks

October 23, 2016

The European banks are in much worse shape than their US competition. The reason being argued in Europe is that the US government imposed a ban on speculation after the financial crisis. However, that was imposed on September 19, 2008, and it ended on October 9, 2008. But some Europeans claim that is why US banks survived and want […]

Is Hillary Behind the False Charges against Julian Assange?

October 22, 2016

Hillary has a reputation for being very vindictive. The latest is that she is ultimately behind the whole incident of accusing Julian Assange of sex crimes. This is getting really bad. The one clear link is that the father of negative interest rates, Larry Summers, is also connected to Hillary. You never know what is real […]

Market Talk – October 21, 2016

October 21, 2016

It was all happening in Asia overnight with typhoons, earthquakes and a six year low fix for the on-shore Yuan. The PSX (Philippine index) was lower by 0.8% in late trading as the winds struck whilst Tokyo suffered the quake which many say was the result for the Nikkei weakness and the Yens strength. Hang […]

East Coast Internet Hubs Down with Cyber Attack

October 21, 2016

There was a massive cyber attack on one of the main hubs for DNSs traffic on the east coast, bringing down several websites, some including Amazon, Visa, Netflix, and Twitter, to mention a few.

Sovereign Debt Crisis is Percolating – Greece Asks for Debt Relief

October 21, 2016

Greek Prime Minister Alexis  has come out today and bluntly warned that failure to agree on a debt restructuring for Greece would push it into a perpetual spiral of borrowing from Europe. But it is actually much worse. Greece is being persecuted because its old debt was converted to euros and that made the debt increase. These […]

Are We Still Suffering from 2007-2009 Crash or is There Something Else?

October 21, 2016

QUESTION: Mr. Armstrong; I have a very basic question. With all the trillions of dollars of stimulus in Europe, USA, and Japan, we are in the age of deflation as you have pointed out. The Federal Reserve itself predicts less than 2% economic growth so that is probably optimistic yet the best in the western […]

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