QUESTION: Hello Marty, just came across an interesting project called Numerai with the ambitious goal of creating a hedge fund to manage ALL the money in world(!) in an efficient manner using AI (machine learning, neural networks and whatever the data scientists can come up with). At the core of this project is the historical […]
QUESTION: Good night, Mr. Armstrong: I hope you are well and enjoying your front-beach house in the Sunshine State. I read your blog every day, since 2011. I ask you: 1. Why your office was destroyed, on July 3rd?. 2. It was a threat to your work or to your person?. 3. Are you afraid […]
QUESTION: Mr. Armstrong, I am fascinated by what you have accomplished in this model. You mentioned in your post about the Orlando conference a slingshot and phase transition, and I am trying to comprehend what that would look like exactly. Is that to say the DJIA won’t complete its advance from 2015.75 to 2018,but that […]
Reflected in Wednesdays late US futures trading Asian indices responded with a strong opening theme. China’s Shanghai found additional support from the Trade data releases much stronger than had been forecast. Exports were released 11.3% with Imports at 17.2% whilst the forecasts had been 8.7% Exports and 13.1% Imports. Shanghai closed +0.65% higher with the […]
John Kass of the Chicago Tribune has come out with a blunt article, yet it is the only possible solution since the government is effectively just bankrupt with no hope of recovery. He writes: “Illinois is like Venezuela now, a fiscally broken state that has lost its will to live, although for the moment, we […]
Merkel’s attempt to silence any internet site that disagrees with her government seems to be the resurrection of the idea of East Germany where she grew up. Freedom of speech was outlawed. When I went behind the Berlin Wall, people would speak freely only when nobody else was close enough to listen. Today they have […]
The Seattle City Council has run out of things to tax so they have unanimously voted to impose an income tax upon the “rich”, and of course we all know that will eventually move to include everyone. The city claims it will raise $140 million and it will cost $10-13 million to set up, and […]
It was only the Hang Seng that saw a positive close today (+0.6%) as most digest the Trump email release and await central bank comments. As part of the safety return the JPY gained almost 1% and was last seen playing around the 113 figure. The Nikkei close lower (-0.5%) as we watched a broad […]
