Private Blog – Dow Update for February 2017
February 2, 2017Private Blog – Dow Update for February 2017
Private Blog – Dow Update for February 2017
The question of when will central banks fail is a popular one that comes in. Suffice it to say, the turmoil will hit Europe first. While so many people blame the Fed for all sorts of things, you must realize that Roosevelt usurped the Fed during the Great Depression and imposed a single interest […]
Trump should IMMEDIATELY reinstate the Fairness Doctrine in the media that once existed at the FCC. The Fairness Doctrine was a policy of the United States Federal Communications Commission (FCC), introduced in 1949, that required the holders of broadcast licenses both to present controversial issues of public importance and to do so in a manner that […]
The European Commission is demanding that Apple pay Ireland €13bn in back taxes. They are attempting to retroactively change a tax agreement made with Apple years ago that the EU now says is cheaper than any other member so that’s not fair as it would attract business to Ireland. The EU is clearly trying to impose […]
A nice bounce seen today for the Nikkei with a small recovery in stocks as the currency turned lower. The Nikkei closed up +0.6% with exporters benefiting from a weaker currency which assisted the rise seen for Mitsubishi Motors having revised full year guidance higher. China released PMI better than market had expected at 51.3 […]
In May 2015, U.S. federal prosecutors filed criminal indictments against fourteen FIFA employees and associates in connection with an investigation by the United States Federal Bureau of Investigation (FBI) and the Internal Revenue Service Criminal Investigation Division (IRS-CI) into wire fraud, racketeering, and money laundering which was all centered around bribery. Then 16 more officials were indicted […]
There is clearly a coup unfolding led by the Democrats and the media. They will not accept Trump and are determined to destroy the government as we have known it. Sally Yates obviously pulled a political move by declaring that she would not execute Trump’s ban of the selected countries. She has no problem arresting […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/01/Clinton-Immigration.mp4 In 1996 Bill Clinton made it mandatory prison time for any alien who reentered the country after being deported. It was Bill Clinton who made it law that any alien found guilty of virtually any crime even if legally here, they were to be deported even for non-violent crimes. There were no protests. The media […]
We saw another weak session today for stocks in Japan as the BOJ kept its position on monetary policy unchanged but selling pressure continued. The main concern remains centred around the US action for immigration despite the explanations offered. The USD lost its safe-haven bid with JPY strength resulting in a push closely breaching the […]
Former President Obama signaled he is effectively setting up a shadow government declaring he now supports all the protests against Trump especially for stopping the acceptance of refugees settling in the United States. Obama said he is heartened by the level of engagement taking place in communities around the country against Trump. This is all playing […]