QUESTION: Good morning Martin,recently you stated communism originated in France was wondering if you could give us a short history on that sometime.Keep up the good work as always. W ANSWER: Communism emerged during the French Revolution. It was an experiment known as the Parisian Commune of 1793. Marx was introduced to the idea whereas Marx had […]
QUESTION: Cyberattacks vs. Cash elimination – an argument against eliminating cash. Hello Mr. Armstrong, it is quite apparent that no government, no financial institution, Anti-virus software developer, or either ‘whatever’ is is really capable to stop cyberattacks. Now these people want to eliminate cash, make larger cash amounts illegal. So theoretically these cyber attackers could/ maybe […]
Back in October 2015, we reported that “in response to the refugee crisis, the German city of Hamburg has enacted a new law that will enable the government to seize vacant commercial properties to provide temporary housing for refugees. The law will go into effect next and will last until March 2017. Despite the additional […]
Asian cash markets had their second chance today to react to the political shenanigans happening in the states. All cash markets were again marked lower with the Nikkei closing -1.3% and was also hindered by the yens strength; as we saw 110.35 trading in the early session. Considering it was trading with a 113 handle […]
Welcome to the 2017 World Economic Conference Hong Kong. This Conference was selected by our computer to pick the “interesting” times in the markets to ensure this is an interesting conference for everyone. The attendance for this session as always is a mini-UN gathering from around the World. We have a good diverse group from […]
QUESTION: The Democrats are trying to now demand a special prosecutor to replace Comey and will not accept anything else and are threatening they will stop the government until they get what they want. There is talk that this could lead to evidence of impeachment. Is that possible? ANSWER: Nixon was impeached because at the […]
People are waking-up to the fact that they can substitute the expensive Asset Manager fees by doing it themselves. There are many ways but here we distinguish between Mutual Funds (MT) and ETF’s (Exchange Traded Funds). When buying into a MF it is via a company such as Blackrock, Vanguard, State Street etc. and […]
No incoming President in history has ever been so constantly attacked than Donald Trump. Look, he says some stupid things and nobody is perfect. Still, there is a whole different agenda going on here with absolutely every issue being called a constitutional crisis worthy of impeachment. Quite frankly, it is time to take off the […]
The correction has begun with the uneasiness of the two political scandals surrounding Trump – Russian meeting and now a Comey memo saying Trump asked him to kill the investigation into Flyn. The first is not really an issue legally, but the second could fuel the quest to impeach Trump which is really led by […]
QUESTION: Marty you warned previously that an April high would have the potential to create an important temporary high with a decline into 2018 and then a slingshot up. Is that still a possibility? ANSWER: Yes. We have the S&P500 and the NASDAQ Composite making new highs but NOT the Dow. This raises some concern […]
