As they lose ground in the Middle East, ISIS is continuing to lash out while expanding their terrorism since they cannot win the war. They have now come out and threatened Russia. “Listen Putin, we will come to Russia and will kill you at your homes … Oh Brothers, carry out jihad and kill and fight them,” a […]
Japanese 10-year bonds have crashed because the government is stopping its bond-buying program, at least for now. Prime Minister Shinzo Abe’s monetary policy is starting to demonstrate the dangerous position we face on a global scale with respect to interest rates and debt. Japanese 10-year bonds have crashed since the Bank of Japan now holds over […]
QUESTION: Mr. Armstrong; Do you think that Hillary can win? And if so, what would happen? Thanks RP ANSWER: Our model is not unanimous for Trump. There is technically a 25% chance that Hillary could win, which one of our four models projects a Democratic victory. However, if you look at the mainstream channels from […]
$278bn and the market is still disappointed! Despite the package provided by the Japanese government today late futures trading has followed the weaker cash market and extended losses by another 2%. Confidence is slightly dented as the market was hoping we would see the helicopter approach and that is why the market continued to sink […]
https://www.armstrongeconomics.com/wp-content/uploads/2016/07/Sinking-House.mp4 Well, home ownership in America is falling to a 51.6-year low. The actual share of Americans who own their homes fell to 62.9% in the second quarter, which was the lowest since 1965, according to a Census Bureau report. What is happening is two-fold. Net real wages after taxes have been declining. Combine this with […]
The National Oceanic and Atmospheric Administration is engaged in outright fraud, just like the IMF, to further their agenda. Real science has exposed the fact that they do not have the historical data they pretend to have, on top of the fact that the two satellites they claimed collected data were mysteriously destroyed when it […]
The head of the national conservative Polish ruling party PiS, Jaroslaw Kaczynski, has called on Germany to be fair and cooperative with its neighbors. He has said that while all Europe speaks of a German leadership within the EU, he said that Germany is not the United States and “does not come close to the former […]
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Other than individual bank stocks, Friday’s EBA report had little overall effect on core markets as we heard nothing that we were not already familiar with. The Nikkei opened around 1% lower and then spent the rest of the day trying to recoup opening losses, which was pretty similar to the Hang Seng. Shanghai, on […]
HILLARY CLINTON @ real DonaldTrump thinks that democrats care about his opinion, how does it feel putting your stuff where it doesn’t belong ? DONALD J TRUMP @Hillary Clinton. Ask Bill. The battle between Hillary and Trump has taken to Twitter. Hillary is way out of her league here. The media turned on Trump for […]
