Asia gapped open higher on continued strong sentiment brought forward from Abe’s election landslide victory weekend. The Nikkei saw a 1.4% rally at the open but was subject to profit taking as the day wore on. The JPY rejected the 105 handle and is seen in late US trading back towards the 104.30 level having […]
The British pound panic is subsiding and now it is time to retest resistance. Our Monthly Bearish Reversal stands overhead at 13660, so expect this to be the formidable resistance going into month-end. The Daily Bullish now stands at 13350 and 13535 with the Major numbers being a Double Daily Bullish at 14725. We can see […]
What are US multi-nationals doing with the $2 trillion they keep offshore? Looking at the Securities & Exchange Commission (SEC) disclosures shows that Apple, Microsoft, Google, and Cisco Systems hold about 10% of their offshore cash in US government debt, which earns these companies substantial sums in interest. So they are earning interest in dollars while parking money […]
The world financial crisis that is unfolding post-2015.75 is different from that which followed the 2007.15 peak in the ECM. As stated countless times, each event is a crisis in a different sector. The 2007.15 crisis was the over-leverage in real estate that the bankers created. This time, we are looking at the demise of […]
QUESTION: Mr. Armstrong; One cannot ignore the number of people who are pretending to have AI computer systems when they have no computer skills whatsoever and wouldn’t know the first thing about AI. I have investigated the industry and nobody has employed any machine learning capability to even match what your Global Market Watch does. […]
Germany’s obsession with anti-inflation policies, inspired by the hyperinflation of the 1920s, is so misguided that it is now threatening to collapse all of Europe. Former ECB banker Lorenzo Bini Smaghi has now called to rescue the Italian banks with European taxpayers’ money. He is correct in warning that the insistence of Germany on the prohibition […]
Most of the people I have spoken to in the legal community are shocked that Comey did not indict Hillary. Comey clearly manipulated statutes by pretending that intent was required and claiming he could not prove intent, even though that is regularly enough to hand any jury to demand a conviction. The rest of us […]
Most of the people I have spoken to in the legal community are shocked that Comey did not indict Hillary. Comey clearly manipulated statutes by pretending that intent was required and claiming he could not prove intent, even though that is regularly enough to hand any jury to demand a conviction. The rest of us […]
The refugee crisis in Europe is a real nightmare and the politicians are desperate to hide what is going on. The first incident of sexual assault that finally made the world news was in Cologne, Germany, on New Year’s Eve. Now, a leaked document has surfaced reporting that 2,000 men assaulted and raped 1,200 girls […]
The cover-up of refugees assaulting Swedish girls continues. Police are protecting politicians who refuse to admit what they have done. If you were of any other origin, you would be thrown in prison. Refugees are just ignored and the girls, some as young as 15, are blamed. Now, one girl who is just 17 has spoken […]
