All posts in "Armstrong"
Do Not Invest Anything in Ukraine
August 3, 2024I have been warned that our computer does NOT show that Ukraine will survive. You should NOT send anything to Ukraine, and you certainly should NOT invest in any nonsense to rebuild Ukraine. The nation with the MOST corrupt politicians, all with hidden offshore accounts, has always been Ukraine. As I have said, we had […]
New York Commercial Real Estate Plunges 97.5% at Great Depression Levels
August 2, 2024COMMENT #1: Mr. Armstrong, I had to write to say thank you so much for everything you do. When Trump was indicted, you said sell and get out of New York. Your advice has always been discussed with our board, and the decision was made to sell in light of your ECM also turning in […]
Market Talk – August 2, 2024
August 2, 2024ASIA: The major Asian stock markets had a negative day today: NIKKEI 225 decreased 2,216.63 points or -5.81% to 35,909.70 Shanghai decreased 27.05 points or -0.92% to 2,905.34 Hang Seng decreased 359.45 points or -2.08% to 16,945.51 ASX 200 decreased 171.50 points or -2.11% to 7,943.20 KOSPI decreased 101.49 points or -3.65% to 2,676.19 […]
US Unemployment rises with ECM
August 2, 2024COMMENT: Marty, I just had to write to congratulate you on Socrates’s truly amazing ability to forecast so many markets and economic statistics without opinions that are far too often colored by personal biases. I made a friendly bet with a friend in the bank that unemployment would start to rise in July. I won. […]
Why Chuck Schumer Should be Removed from the Senate for his Usurpation of Power
August 2, 2024With each passing day, our Nation is declining into a state of where civilization is no longer sustainable. Senate Majority Leader Chuck Schumer has introduced legislation seeking to strip Donald Trump of any immunity for his definition of a criminal action, in a blatant usurpation of power where he seeks to reverse the Supreme […]
Car Repos Rise 23% YoY
August 2, 2024The private debt crisis is becoming apparent in America after car repossessions jumped 23% during the first half of 2024. Data shows that 1.6 million Americans will have their car repossessed by the bank before the end of the year, a slight increase from the 1.5 million autos repossessed in 2023 and a drastic upturn […]
War & Freedom of Speech – Then the Default
August 2, 2024I had the privilege of knowing Normal Rockwell back in the 1970s. His most famous war poster, created to raise money for World War II, asserted that if we lost, we would lose our freedom of speech. It is good that Norman is no longer with us. If he were alive today, he would be […]
Market Talk – August 1, 2024
August 1, 2024ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 975.49 points or -2.49% to 38,126.33 Shanghai decreased 6.36 points or -0.22% to 2,932.39 Hang Seng decreased 39.64 points or -0.23% to 17,304.96 ASX 200 increased 22.40 points or 0.28% to 8,114.70 KOSPI increased 6.99 points or 0.25% to 2,777.68 […]
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