The Police gave a man in Roseville, Michigan a $128 ticket for warming his car up in his driveway. Police Chief James Berlin refuses to admit the police are out of control saying you can’t leave vehicles running. The question legally is, since a driveway is private property, can the police give you a ticket for warming […]
It was not a pretty site for most stock markets today with much of the mainstream media blaming Trump. The first press conference will probably be remembered for the resulting stock market volatility. As Asia opened the mood was heavy but having watched futures markets take much of the immediate repercussions cash tended to take […]
QUESTION: Dear Mr. Armstrong As a long time reader I rarely see you mention the possible long term benefits of also holding corporate bonds. I understand the obvious down side to government bonds and the reason for stocks to move higher, but since bond holders get paid before stock holders when things go bad would […]
QUESTION: Do language and currencies move in line with each other? Is language a leading indicator to currency i.e. Spanish in California. Will they create their own currency if they separate from the states? ANSWER: There is a direct link between currency and language. When I was doing interviews in Europe, I explained the euro would […]
What is getting really interesting is just how desperate many in Washington seem to be about Trump. It seems they are really concerned that he will cut off the gravy train in Washington. Even the Republicans hoped they could train him, fearing that his ban on lobbying for five years could be a deathblow to […]
President of China Xi Jinping made a statement last year that has sparked a number of comments over the past few months. Xi Jinping said: “The world is on the verge of radical change. We see that the European Union is gradually falling apart, how the US economy is crashing, and that all this will […]
Although the Asian cash markets were reasonably strong today we did see a slight wobble in the Shanghai index. Japan cash closed +0.35% and Hang Seng even better at +0.85% but China’s main index closed down -0.8% all in relatively low volume day. However, this was ahead Trump’s first major press conference. Most of the […]
Trump has broken his word and is by no means draining the swamp — he is filling it. He has really betrayed a lot of people by his nomination of Gary D. Cohn as Director of the National Economic Council, which is a policy-making position for domestic and international economic issues. The one legal firm in New York […]
After the holiday in Japan yesterday the JPY resumed its strong recovery and with it saw a decline in the Nikkei. The yen traded close to the 115 handle whilst the Nikkei lost 0.8% on the day. Concerns are still that the DOW continues to reject the 20k level and is having a psychological effect […]
The famous Redwood tree tunnel fell during one of California’s worst storms and caused massive flooding. I walked through this tree when I was a kid. I couldn’t find the family photo of that event, so you are spared this time. This flooding has been massive, but it is a typical precursor to big earthquakes. One theory […]
