The cyber police are monitoring everything. Anyone who appears to be organizing any type of protest in Germany is visited by the police. This is the new national security and slight statements are being targeted as “troublemaker speech.” We are heading into the dark land of government suppression. Part of the U.S. First Amendment is the […]
Weaker than expected trade data ($32.59bn v Expected $50.15bn) from China saw equities open around 3% down, but that created the day’s low and the market steadied from that point. The Shanghai spent much of the day struggling to recover but recover it did and closed up on the day +0.1%. In Japan, consumer confidence fell […]
Under FATCA, it has become impossible for small business to expand internationally. FATCA punishes any foreign entity that does not report what an American is doing overseas. This single law is causing an implosion in the world economy and politicians are too stupid to figure out that they have really harmed the global economy. The […]
New South Wales Treasurer Gladys Berejiklian. Photo: Daniel Munoz Everywhere we look, governments are in deep trouble. Down under in New South Wales, Treasurer Gladys Berejiklian has put in motion a quite dramatic reduction in the size of government. She has outlined a number of government departments, agencies, state-owned corporations, boards, committees, and trusts that need to be curtailed […]
COMMENT: Marty, I have never seen anyone look at the PE Ratio in that manner. The research you do is amazing. Many call you the “source”. I wonder how long it will take to see others claiming this is their analysis. I give them 24 hours. Thanks BP COMMENT: Dear Mr. Armstrong, Awesome answer .. […]
Asian equity markets open with lots of talk around the Chinese National Peoples Congress and the idea that GDP will now be an indicative target range (6.5 – 7%). The Shanghai opened over 1% firmer but did lose that as we headed into the afternoon session, only to recover and close up +0.85%. The PBOC […]
QUESTION: Hi Mr. Armstrong, Some of your readers, me included, wonder how the Dow is going to get to 23,000 or more, especially as we go through an economic slowdown. This would suggest a P/E of around 23 or higher. Is the common thinking that would accompany such a move similar to past manias (tulipmania, […]
Plotting earthquakes in California for the “big one” is difficult due to the lack of historical data prior to 1857. From that point forward, the frequency appears to line up with the 8.6-year pi cycle insofar as the three major events — 1857, 1906, and 1989 — follow about 43-year (half-8.6) cycle. This is time period […]
Judge Jeanine Pirro warns of an insurrection coming against the Republican elites. She also says Mitt Romney has awoken a sleeping giant – the silent majority.
Bavarian banks have figured out that negative interest rates are insane. They must pay the ECB to hold their cash. They have decided it is better to store their cash and eliminate deposits at the ECB as reported by Spiegel Online. These people are just braindead. They think negative interest rates will somehow “stimulate” the […]
