Asia was relatively well behaved today, weaker obviously after what market activity there was yesterday in Europe, but lets just jump straight to the action. Developments really are happening by the hour in Italy, now with the Five Star Movement calling for the countries President to be impeached. There is a good chance we will […]
QUESTION: Mr. Armstrong; FX Street named you forecaster of the year for your Swiss franc euro peg forecast that also nobody else saw coming. I remember you were named here in Canada as Economist of the Decade for your calls during the 1980s with the 1987 crash and the crash in Japan. I by no […]
Private Blog – Capital Fleeing to US Treasuries & UK Gilts from Europe Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. Categories: Euro €
Private Blog – The Euro Crisis Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.
The Euro Crisis is emerging rapidly. The 2Yr BTP Italy debt has jumped 150bp and is now wider by 2.50%. The ECB has been intervening BECAUSE as we have warned, there is NO BID. Interest rates for Italian debt have almost doubled in a matter of days. Who in their right mind will buy […]
COMMENT: Mr. Armstrong; You do know that you have been the only analyst who has outlined how, why, and when the euro would go into crisis. You said 2018 would be the beginning. Well, it looks to be absolutely correct along with your political models. Thank you for saving me a fortune Cheers JWP REPLY: […]
COMMENT: Mr. Armstrong; I am a loyal reader from Java. We have a big volcano here which has started to show life. The government has just put out a warning that it may erupt. I really find your work so interesting. You said 2018 would see a rise in volcanic activity along the Pacific rim of […]
The weather is still unusually cold in the north. In Newfoundland, they woke up to a foot of snow. In Iceland, they just had the coldest day in 100 years. It has long been understood that to create an Ice Age, the artic actually should be ice-free. The Arctic Ocean is the smallest and shallowest of the […]
In France, the Unions and opposition parties are rising up in protests denouncing a Macron-led overhaul of labor rules that would reduce worker protections and laws increasing police powers. They are alleging that Macron supports tax reform which favors France’s wealthiest and is working to tear down public services. They, of course, oppose any government […]
The American media companies such as Tronc and Lee Enterprises are now totally dark in European Union countries. Some of those sites include the Los Angeles Times, the New York Daily News, the St. Louis Dispatch, the Chicago Tribune, and the Orlando Sentinel. It appears that various American media have decided to simply block Europe […]
