It was a lively debate, to say the least, and Kamala came off much better than even I expected. There was no rambling with nonsensical explanations reflecting that whoever prepared her did a fantastic job. Yet, Kamala’s plan is for a $6,000 tax credit for a newborn family, $25,000 to buy a home, and $50,000 […]
We have a MAJOR problem with Ukraine. This is NOT about defending their territory or fake democracy when Zelensky has suspended any election to maintain his dictatorship as long as there is a raging war. Ukraine has invaded Russia, and last night, Zelensky launched scores of attack drones, even targeting Moscow. If China invaded the […]
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 56.59 points or -0.16% to 36,159.16 • Shanghai increased 7.70 points or 0.28% to 2,744.19 • Hang Seng increased 37.13 points or 0.22% to 17,234.09 • ASX 200 increased 23.80 points or 0.30% to 8,011.90 • SENSEX increased 361.75 points […]
The average American will never take a 16-day consecutive vacation from work. Why did President Joe Biden take off for nearly half of August? RNC Research reported that Biden has spent 532 days, or 40.3% of his entire presidency, on vacation. Who is leading the nation? Many often forget that Joe Biden remains president, commander-in-chief, […]
Nine of the 12 Federal Reserve districts reported a decline in economic activity in August, up five districts from the July Beige Book report. Our system has warned that we are entering a period of stagflation, where inflation remains high but GDP declines. Now, the Fed is reporting that two-thirds of the US economy is […]
https://www.armstrongeconomics.com/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4 COMMENT: Mr. Armstrong, I find it incorrigible that everyone now claims recession when they have never predicted a recession before. That was clear from the video you had of Larry Summers, who admitted nobody could do that. It is very strange how you are the only person who has ever forecast recessions and […]
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 175.72 points or -0.48% to 36,215.75 • Shanghai decreased 29.32 points or -1.06% to 2,736.49 • Hang Seng decreased 247.34 points or -1.42% to 17,196.96 • ASX 200 decreased 25.30 points or -0.32% to 7,988.10 • SENSEX increased 375.61 points […]
https://www.armstrongeconomics.com/wp-content/uploads/2024/09/Springfield-Ohio.mp4 Springfield, Ohio, resident pleads with mayor that she “can’t take it anymore.” Please give me a reason to stay in this town after 45 years.
The Bureau of Labor and Statistics released its report for July, indicating a slight uptick in employment. It is difficult to trust BLS data after their latest data revision that showed the Biden-Harris Administration have failed to create new jobs outside of the public sector. It was their steepest revision to data since 2009, yet […]
Biden finally admits the so-called “Inflation Reduction Act” was never about reducing inflation pic.twitter.com/9V7u0FJxnV — Trump War Room (@TrumpWarRoom) September 5, 2024 PSA: Joe Biden is still the president of the United States. Biden has been hiding on a beach in Delaware ever since his disastrous debate with Donald Trump that hard-launched Kamala Harris […]
