COMMENT: Mr. Armstrong; I believe I understand your criticism about analysis. Whatever trend is in motion people assume will remain in motion. This is dangerous in managing a company, economy, and climate. I read the New York Time from 1961 when they said the climate was getting colder. Perhaps we need to teach a course […]
The weak US session did not help retain Asia’s confidence overnight and we see the result of nerves returning. Yesterday’s performers were todays victims, with most losses being centred round the Nikkei, Shanghai and the Hang Seng. The interesting thing for Japan is that although we saw a 2.65% decline in the Nikkei and we […]
QUESTION: Mr. Armstrong; I agree that something seems to be changing faster than perhaps we might have expected. Is there anything that points to how fast a pole change might actually take place? How long do such events last? Is that a permanent change? Thank you for a most thought-provoking blog PD ANSWER: First of all, there […]
QUESTION: Mr. Armstrong; the Democrats are raising far more money from the various big Super-Pacs to take back the Congress. The talk is the New York bankers are telling staff not to donate to Republicans. Do you know if this is true? SH ANSWER: The 2016 Presidential Election was a monumental game changer. Trump did not […]
QUESTION: You said that Imperial Rome did not have a national debt nor central banks. Did Rome ever have debts that were not private? JY ANSWER: Yes. In all honesty, it was the Debt Crisis that ended the Roman Republic. There was a Sovereign Debt Crisis during the Roman Republic period resulted in a […]
Asia was a buzz this morning having heard verbal intervention in support of further stimulus and possible future tax cuts. This took the core indices from lower to over 5% higher at one stage. The turnaround in China has fuelled confidence around the world helped by positive Italian news and a sway of M+A activity. […]
QUESTION: Mr. Armstrong; it certainly seems that the bureaucracy is really operating against the people. They have tried to assassinate heads of states before. Do you think they would try this in the USA again? WR ANSWER: The CIA was exposed back in 1975 for plotting to assassinate various world leaders. The November 20th, 1975 release […]
Believe it or not, Obama, who raised taxes dramatically, is claiming the recovery is because of him and not Trump. On September 7th, 2018 Obama at a speech at the University of Illinois sharply criticized Trump and then claimed ownership of the U.S. economic recovery.
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As many as 670,000 people protested in London to call for a second Brexit referendum. Our computer is showing that a second referendum will vote to remain but this is most likely because they will rig the vote. This is in conflict with our economic model which shows that BREXIT should still win. Keep in […]
