All posts in "News"

South Australia in Financial Trouble

June 29, 2017

COMMENT: Marty; Thank you for doing your conference in Hong Kong. It made it really convenient for all us from Downunder. You are probably aware that South Australia is broke and they just imposed a huge tax on the banks. They are calling it the “surprise tax” of $280 million on the top 5 banks. Many […]

Euro Update

June 28, 2017

  Please note: While our ArmstrongEconomics.com blog is free to the general public, our Private Blog posts are not accessible on ArmstrongEconomics.com. They are only accessible on our sister website, Ask-Socrates.com. This website is a membership only service, and Private Blog posts are only available to members. To learn more about Ask-Socrates.com Standard Membership Level, click […]

Market Talk- June 28, 2017

June 28, 2017

Following-on from the weak US session, Asia drifted in sympathy. The news from the US Senate, after their markets had closed, worried Asia as they responded to the news. On the whole core markets were lower, the exception being a +0.7% increase in the Australian ASX. Shanghai and the Hang Seng closed around -0.6% lower. […]

The Firm That Created the Dossier Refuses to Produce Docs to Congress

June 28, 2017

  The clandestine firm that created the false dossier on Trump is refusing to cooperate with Congress. They are refusing to turn over to congress information of not just how the report was crafted, but who paid for it. The Senate Judiciary Committee threatened now to subpoena the firm, Fusion GPS, after it refused to […]

The Frankfurt Special Seminar July 22nd, 2017

June 28, 2017

  The July 22nd, 2017 Frankfurt half-day seminar will be targeting Europe. The week before is a rather important turning point and if Theresa May cannot form a government within a week or so, we are looking at sheer chaos now coming from Britain. The entire EU is coming unglued. We have a major pension crisis […]

Market Talk- June 27th. 2017

June 27, 2017

Although the Shanghai index continued its positive trend we did finally see only a minimal advance and then a small set-back for the Hang Seng. An earlier strong gain (+0.6%) in the Hand Seng was lost by the time the market had closed but with numerous unexplained small cap scares, it was not a surprise […]

May Forms Government To Retain Power in Britain

June 27, 2017

Britain’s Prime Minister Theresa May has at last secured a governing majority in the UK Parliament by agreeing to spend £1 billion on top of £500 million previously promised to Northern Ireland. Of course the stability of the May government going forward will be delicate as Jeremy Corbyn does his best to bring down the […]

EU Extends Sanctions Against Russia Killing Their Own Economy

June 27, 2017

The EU has extended its economic sanctions against Russia for another six months, which really makes no sense. No sanction will cause Putin to abandon a strategic port in Crimea that was originally Russian territory before it gave it to Ukraine to be administered. President Donald Tusk announced it on Twitter interestingly revealing that Chancellor […]

Supreme Court Upholds Trump’s Travel Ban

June 27, 2017

DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES, ET AL. No. 16–1436 (16A1190) v. INTERNATIONAL REFUGEE ASSISTANCE PROJECT, ET AL. 582 U. S. ____ (2017) (Per Curiam) Trump-Internation al Refugee Assistance Project Donald Trump was vindicated by the Supreme Court regarding the dispute over the provisional entry ban for citizens from six countries. The Supreme […]

Page 625 of 846