Seven members of the Labour shadow cabinet have resigned and one has been sacked. Resignations so far include the shadow health secretary, Scottish secretary, transport secretary, and education secretary. Jeremy Corbyn is so far out of touch that he and Hollande simply remain in a total state of denial. Meanwhile, Scotland is showing its total ignorance of […]
QUESTION: Mr. Armstrong; I was skeptical at the Berlin WEC, but your forecast is coming in and nobody else called this. It was the most amazing conference I ever attended. A friend who left skeptical said he bought his ticket to this year’s WEC. It looks like Disney for the family and the WEC for […]
The anti-austerity party Podemos is now expected to make large gains in Spain’s parliamentary election today. If this unfolds, it will potentially demonstrate that Brussels is heading for a crisis. The last election in December broke the back of the conservative or Socialist majorities who have been ruling for almost 43 years. The contagion is moving rapidly.
Hilary Benn called Jeremy Corbyn overnight to claim he should resign! Corbyn fired him. The Labour Party claims there is no confidence in Corbyn, and there will be a resignation every hour for the next ten hours of today. In fact, shadow health secretary, Heidi Alexander, just resigned. Rumor is half the shadow cabinet is set […]
Merkel admitted that: “There’s no way around it: Today is a watershed for Europe and the European unity process.” Of course, people like Schulz are the entire problem. His arrogance ensures the demise of Europe. He had the audacity to to say that there is “no chain reaction” after BREXIT. Once a politician makes a decision, […]
Brussels simply went too far. They cross the line moving from an economic union to a political subordination of Europe. Now five more countries want to hold referendums to exit the EU – France, the Netherlands, Italy, Austria, Finland and Hungary all could leave. With Hollande approval rating at about 11%, Merkel lucky she […]
Our sources are saying that the central banks have come to an accord to cooperate in an effort to support financial stability in the wake of Britain’s vote to leave the European Union. This is akin to the Plaza accord of 1985. Central bankers urgently gathered at the Bank of International Settlements in Switzerland to discuss the […]
A petition has circulated gained they claim 1 million signatures to overturn BREXIT and hold a second referendum. Of course they will do a far better job at rigging this one if it goes through. Such people deserve what they petition for and should surrender the pound and the Queen. They have zero idea of […]
The Dow has been bouncing off the Reversals as well. Despite being above 17800, it would fail to close above that. The question becomes WHEN will the Dow breakout to test new highs with the next target zone in the 21,000 to 23,000 area? With the closing on Friday below the first Minor Weekly Bearish […]
