A mixed session in Asia in what was very much an overhang from Friday’s session but also very weary of the Fed in two days time. It is interesting that European equities continue to trade heavy (DAX, CAC, FTSE -1.75%) … →
The first Christmas tree in NYC was erected in 1931 during the worst year of the Great Depression. During this time, almost all of the foreign sovereign bonds defaulted on Americans and caused massive bank failures. The first tree was … →
Next year, we will open up access to allow users to ask Socrates questions. You will be able to ask questions such as where support or resistance is, when the next turning point is, how much risk is there in a … →
Those in power never understand markets. They are very myopic in their view of the world. The assumption that lowering interest rates will “stimulate” the economy has NEVER worked, not even once. Nevertheless, they assume they can manipulate society in the Marxist-Keynesian … →
Armstrong Economics/PEI has always been a very diverse company with clients and staff from all around the world. We have every race, religion, and social status among our ranks servicing clients of equal diversification. So, a ban on anyone from … →
The Paris Agreement committed to fund the academics, who created this fictional theory that ignores the fundamental laws of physics, with $100 BILLION ANNUALLY. Guess who pays for that — YOU — with more taxes coming.
When the New York Times first wrote that “[Marion Maréchal-Le Pen is] The French Weapon of Mass Distraction: France’s youngest member of Parliament is 25 and she takes no prisoners,” I seriously doubt they ever realized that she could actually become the president of … →
COMMENT: Dear Mr Armstrong,I just was looking at your blog entry about the Republican higher-ups choosing their candidate against the voters.I always tell people this story when something like that comes up. I was a Ron Paul supporter back … →
If you receive valuable jewelry as a gift, you cannot return to the USA without reporting it and paying the tax. The Saudi king gave Michelle Obama and her daughters $1.2 million in jewels. So why are the Obamas allowed to keep … →
The Iraqi Agency Press reported that some 100,000 foreign soldiers, including 90,000 from Arab countries and the Gulf States, are expected to be sent to combat ISIS in 2016. This is the beginning of a serious war that is unfolding for … →
