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 […]
Christine Lagarde remained at the IMF and one of three Troika members because she is a Socialist and on board with both raising retirement ages to cheat people out of what they planned and to raise taxes while closing all borders to the movement of capital. She is also pushing behind the curtain for the […]
Rubio does not seem to have what it takes for the nomination. He will be a nice puppet like George Bush Jr and Obama doing whatever the unelected government tells him to do. Cruz is not very well liked behind the curtain and injects too much religion for a national office. So what is […]
We are entering a period of an increased risk in earthquakes appearing in California. This begins here in March 2016.
