French Prime Minister Emmanuel Macron is coming out arguing for the total federalization of Europe proposing that there should be a budget for the Eurozone of hundreds of billions of euros. Macron’s position is that this budget should represent several points of the gross domestic product (GDP) of the Eurozone. It should be possible, Macron said, to […]
IDL TIFF file Those interested in helping the victims of Harvey with its incredible rainfall, may do so directly to the RedCross. There are always scam artists that take advantage of such situations with fake donation sites. I would go only to the RedCross.
Russian President Vladimir Putin warned on Friday writing in an article published on the Kremlin’s web site that the emerging standoff between North Korea and the United States over its nuclear missile program bringing the world to the edge of a large-scale conflict. He further warned that it was a mistake to try to pressure […]
President Donald Trump is about to make a decision that will mark his presidency forever. There are some 800,000 technically illegal aliens who came to the States as small children brought by their parents. They have gone to school here, fell in love here, and very often, they have married an American and have children […]
Think we should just probably forget the Asian session as all were waiting for the US numbers and hoping for some direction as a result. mixed cash session but we are seeing some positive moves in futures following the US numbers. Europe sees the core perform (CAC and DAX both around 1% better) while the […]
QUESTION: Hello, Mr. Armstrong. Let us say that the future turns out OK-ish (post crash and burn), that we avoid another dark age. 3D printing, AI and robots do a lot of the work for humanity. The amount of available mundane jobs are reduced and replaced by our inventions. Have you had any thoughts […]
How is it possible that we can have legalized class warfare and politicians run on extorting the rich at gun point with threat of imprisonment if they do not pay their “fair share” which is somehow a higher percentage than everyone else and this miraculously does not violate Equal Protection and Justice for All? The […]
QUESTION: Mr. Armstrong, Gold rallies with each political event and then falls back when the event is over. It is not in a sustainable relentless bull market as was the case in the 70s. Almost every stock market has outperformed gold since 1980. This has made me wonder if something is different. Here in India […]
A solid day for the Nikkei today closing up +0.7% but have watched yen trade comfortably with a 110 handle all day. Talk in Japan is very much concentrated on Theresa Mays three day visit and the possible speculation surrounding Japan/UK trade deal. There was a sense that todays session seemed a rebalancing after the […]
It is amazing that people keep voting for career politicians every time and then are dissatisfied every time. Now Reuters is reporting that most French voters are now dissatisfied with Emmanuel Macron’s performance. The latest poll shows a sharp decline for Macron who won a landslide. The poll revealed that Macron’s “dissatisfaction rating” has risen […]
