The stage has been set and Elizabeth Warren, aka Pocahontas, is to Run for President. What is going to be really interesting besides her becoming more vocal now for the next two years, will be the revelation of how corrupt she really is. She has bashed the banks and is the closest thing to a […]
Hillary Clinton’s 506-page memoir has come out. So much of her personality shines through, that in the end, you, too, will want to sleep with an intern.” ~ Craig Kilborn “In Hillary Clinton’s new book ‘Living History,’ Hillary details what it was like meeting Bill Clinton, falling in love with him, getting married, and […]
President Donald Trump on Friday said he has considered using emergency powers to build a wall along the U.S.-Mexico border. The press has been saying that he could declare a national emergency to redirect money from the Defense Department or other sources to fund the wall. However, Obama used funding that was granted by Congress […]
The initial headline that US and China plan to reconvene talks next week, was all it took to start the stock market bounce. However, added to this was that China lowered the RRR (Reserve Ratio Requirement) by 50bp initially then another 50bp later and that helped Europe to perform. Japan’s Nikkei (-2.25%) hit by commodity […]
The Yellow Vest Movement that began in France, is spreading. It appeared also in Belgium and it spread to Canada as well. The French arrested the leaders of the Yellow Vest Movement calling them an anti-government charging them for organizing an unauthorized protest, as authorities adopt a tougher approach to try to curb the demonstrations. During the weekend of […]
QUESTION: What about what China did by buying stocks a few years ago to stop the hang sang from dropping LW https://www.armstrongeconomics.com/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4 ANSWER: Do not confuse attempts to support a market from actually being able to do so. This is the same as Keynesian economics that government could prevent recessions. Larry Summers admitted the government cannot even […]
COMMENT: Dear Marty, Rudy Giuliani, Trump‘s lawyer and former mayor of New York, says Julian Assange of Wikileaks should not be prosecuted and compares his work to the Pentagon Papers. Kind regards, MS REPLY: I totally disagree with the attempt to prosecute Julian Assange of Wikileaks or Snowden. The argument for his prosecution is based […]
The USD was the figure of attention overnight for Asia as it surged against the Turkish Lira, Euro, Sterling and the A$, but saw short-covering stops taken on the Yen. The warning heard from Apple over its Asian sales forecast and growing concerns for global growth triggered the sudden safe-haven flurry into the Yen. Obviously, […]
While the BitCoin people have hated me for not agreeing with them that a private currency could displace the currencies of all nations and BitCoin would be the new “reserve currency” killing the dollar, to me they are in serious need of help. They have ZERO comprehension of governmental power and ZERO understanding of what […]
The story running around is that the hackers known as the Dark Overlord claim they will release 911 Documents unless they are paid a ransom in BitCoin. This merely illustrates the problem with private cryptocurrencies and it may be just a ploy to justify governments seizing private cryptocurrencies and issuing their own. They claim in an announcement […]
