Having rejected the 17k level in the Nikkei we witnessed a powerful opening which never looked back. Complementing the surge was a weak JPY which very much looked as though it could have a 105 handle at one stage. Given the renewed currency weakness it was exporters that led the way with Panasonic, Mitsui Mining […]
QUESTION: Mr. Armstrong; You have said that the only way to reverse the deflation is to raise interest rates not lower them. I understand that the low rates only reduce the cost of funds for banks, but it hallows-out savings and pensions. Has anyone listened to you and tried the opposite trend to raise interest […]
A healthy start to the final full week of October with promising data aiding markets globally. In Japan we saw better than expected September Exports (6.9% against a forecasted 10.4%) lifted the Nikkei in afternoon trade to close up 0.3% on the day. This was also supported by the October PMI which came in at […]
Our model does not factor in astronomy, astrology, nor religious prophecies. We did not select the date for the World Economic Conference to align with the biggest Supermoon for the 21st century on November 14th with the other two events being October 16 and December 14. This is when the moon becomes full on the […]
The US government says it ran a $US587 billion budget deficit for the fiscal year, which was a 34% increase over last year. Deficits have simply become a standard way of life for Western governments as a whole. They see no problem with borrow more each year when they have absolutely no intention of ever paying […]
QUESTION: Marty; You said Syria was the focal point for this ECM wave and the target for the beginning of World War III. I read your piece on Syria and the issue of religion rising from this single spot. I find it extraordinary how you can pick specific places like Ukraine and Syria long before […]
Trump’s Latest Message Drain the “Swamp” He Calls Washington. This is why the Republican elite stand for Hillary. Term limits and ending lobbying by former government staff would cut too deep into their pockets.
Elizabeth Warren wrote to Obama demanding Mary Jo White, the head of the SEC, be fired. She wrote: “I do not make this request lightly.” Warren has sought that the SEC require corporations to reveal their political donations. “I have tried both publicly and privately to persuade Chair White to direct the agency’s resources toward pressing […]
