You could say that Japan has had more than fair share of poor data lately but sadly it continued today after a larger than expected trade data and a further contraction in its (Manufacturing) Purchasing Managers Index. This resulted in an initial 2% decline in the Nikkei in the morning session but only to see a […]
QUESTION: Mr. Armstrong; The scaremongering going on here is claiming that if BREXIT becomes reality, we will be thrown out of Europe and have to pay massively for healthcare outside of Britain. Do you have any information on this? Thank you A former neighbor DS ANSWER: There is something most Europeans are clueless about. The […]
The people who counted the votes are claiming that the Austrian election is in a dead heat. Norbert Hofer of the Freedom Party and Alexander Van der Bellen are each on 50%, according to the estimate, which includes postal votes not yet counted. The pools really put Hofer ahead, so there may be some voting counting issues […]
QUESTION: Martin– Your models seem to predict a Trump win. Given Trump’s stated preference for low interest rates, how does that jive with rates needing to go up to normalize things and save pensions in the next year or two? Would the Fed have to give in to President Trump? Thanks! RK ANSWER: Keep two […]
QUESTION: Mr. Armstrong, it seems that there is a cycle to everything. I am starting to notice there appears to be cycles in the use of words especially in a legal context. Your piece on “discretion” is interesting how it evolves to suit the times. Money Laundering began as a drug crime and now it […]
The latest poll now places Trump ahead of Hillary 45 to 42. The storm continues to brew in the Democratic Party and our models show there should be a Republican victory. The Democrats appear to be going with Hillary who has over a 50% rating as being dishonest. On top of that, she is simply […]
The market seems happy that the JPY trades comfortable north of 110 as we saw a small 0.5% gain in the Nikkei today. Hang Seng performed better closing up over 1%. with Shanghai also closing near its highs. A quiet session to close the week but at least on a positive note. A quiet but […]
There have been a some unusual capital flow developments involving Egypt that illustrate a shortage of dollars caused by the decline in oil prices. However, this may also, in part, signal someone is trying to get money out of Egypt. This decline in oil has resulted in a decline in subsidies for Egypt from other […]
Interesting that both the Nikkei and Shanghai closed almost unchanged following a similar trading pattern today but the Hang Seng really could not even attempt break-even, closing down 0.6% on the day. The JPY closed above the bullish reversal but we have a large gap to wait for the weekly. In late US trading the […]
We will be providing access to the completed version of Socrates to those who have been on the beta site. This will be for 30 days. The Arrays, Reversals, and other aspects have been updated to current versions. Unfortunately, the preview site was temporary so the updates to the system were not possible since that […]
