All posts in "News"

Dow Going into Inauguration

January 19, 2017

The intraday high was established on January 6th in the Dow at 19.999.63. We elected a Daily Bearish Reversal the very next day, which warned that we are moving lower in a cautionary move leading into the inauguration. The rumors of boycotts to assassination attempts are abound. Many are worried that Trump will be killed before […]

The “Trump Revolution” is not about Trump Himself

January 19, 2017

COMMENT: Hi Mr. Armstrong, Your recent article regarding Trump is a major shift in your view regarding his coming administration,  at least to me any new thing that you pinpoint is like an  alert and makes me to think further.  When you point out something it is better to be cautious.  It is now  possible that […]

Trump Being Corralled in By Establishment in DC

January 19, 2017

Putin has issued a warning to Donald Trump that there may be a coup to overturn the presidency. There would be forces that would seriously hamper Trump’s leadership, Putin has warned. Meanwhile, Trump’s pick for White House Chief of Staff Reince Priebus, chairman of the Republican National Committee, does call into question if the swamp will be […]

Inflation Moving Higher Thanks to Dollar

January 19, 2017

Prices in the US are picking up strongly and support the Fed’s arguments for raising interest rates further. The rate of inflation rose by 2.1% in December, according to the Ministry of Labor. This is the highest increase since two and a half years. Some are suggesting this is due to higher gasoline prices and rents in […]

Pharmaceutical Corruption

January 18, 2017

Here is the latest example of corrupt politicians voting in favor of their own self-interests. Bernie Sanders may be a bit fanatical, yet he has been trying to push a bill through to allow Canada and other countries to import prescription drugs to the U.S., which would significantly decrease the price that consumers have to […]

Rogoff: An Elitist Who Has No Respect for the People

January 18, 2017

Kenneth Rogoff is a Professor of Public Policy and Economics at Harvard University. Rogoff calls critics of negative interest rates “ignorant” despite the fact that negative interest rates have been used since 2008 without any success. He had the audacity to say that people should not look at their short-term personal losses, but rather look at the long-term vision […]

Where to Draw the Line Between Charity & Socialism

January 18, 2017

QUESTION:  A helping hand is not socialism I get perturbed about the lack of distinction between socialism and where a helping hand of the kindly state ends. I refer with due respect to your blog on differences between capitalism and socialism. Marty, As you know in all families there are those children and some adults […]

Market Talk – January 17, 2017

January 17, 2017

A rather mixed session in Asia with many anxious to hear what British Prime Minister, Theresa May, has about to say about BREXIT. The Nikkei continued to experience a setback having rejected last weeks highs and has also seen the JPY trading down (Yen strength) to mid 112’s. Shanghai and Hang Seng were both positive […]

Capitalism v Socialism – Good Perspective of the Difference

January 17, 2017

COMMENT: Martin, A story I received: A guy looked at my Porsche the other day and said I wonder how many people could have been fed for the money that sports car cost. I replied I am not sure, it fed a lot of families in Bowling Green, Kentucky who built it, it fed the […]

The Coming Referendum in Turkey to Consolidate More Power for Erdoğan

January 17, 2017

A constitutional referendum is planned to be held in Turkey in in the Spring of 2017. A survey is showing that the people are not really in favor of handing endless power to the President Recep Tayyip Erdoğan. Voters are expected to decide on amending 18 articles of the Constitution of Turkey. The amendments have been […]

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