A fairly quiet day across all regions today, but probably expected given little overhang of the US/China Trade Talks, a lack of economic data and the FED minutes we will see being released tomorrow. In China the Shanghai closed almost unchanged, as Hang Seng market was closed for holidays. In Australia the ASX dipped -0.7% […]
A lawsuit has been filed to stop Chicago from taking a park to build the Obama Center as if every president warrant such a thing when all he did is miss 65% of his security briefing to play golf. It is such a joke that every president get to build a huge center to celebrate […]
COMMENT: I fully agree with the comment on the different time levels. I encountered a critic who said you were wrong on the euro. When I said I made money using your model and followed the buy signals he looked at me as if I was lying. They judge you like everyone else in this one-dimensional way. They […]
QUESTION: Mr. Armstrong; The Hong Peg is under fierce attack. You said at the Hong Kong WEC that the peg would break but not before 2018. Are we getting close? See you in Singapore PB ANSWER: Yes. They are spending almost $2.5 billion per week to defend the currency. No peg will stand. This is […]
Private Blog Post – US Share Market Poised for New Highs
The weekends news of on-going constructive talks between the US and China, certainly gave Asian markets a boost this morning. One noticeable event was the weakening in the Yen, now trading comfortably with a 111 handle (-0.6% on the day). Now close to its weakest since January, the fear is it now targets the mid […]
COMMENT: I attended your 2015 WEC where you laid out the future for the euro. I was skeptical, to say the least. All these people constantly focus on the dollar. Then your model gave buy signals on the euro and you said it would then rally into 2018 and that could form the slingshot down. […]
The outrageous tax of $275 per employee for companies that do more than $20 million in business annually by the city of Seatle for the claimed housing of homeless people is really over the top. It’s not just Amazon, there are a number of businesses being hit. Cities are becoming the place to avoid. This is […]
While Robert Mueller was not in charge of the FBI after 2013, the new revelations that the FBI was spying on members in the Trump Campaign are very alarming. This is revealing just how deep the FBI has been trying to overthrow Trump. The integrity of the entire Justice Department is really called into […]
COMMENT: I think I now see the light. It has been my linear thinking that has blinded me. Gold rallied and failed as was the case with the euro, British pound and so on. Putting them all together is why who said that the euro would rally because they all were indicating a pause in the […]
