Chicago’s police pension fund won’t have enough money to pay benefits to retirees in 2021, according to a projection by Local Government Information Services (LGIS). At the end of 2020, LGIS estimates that the Policemen’s Annuity and Benefit Fund of Chicago will have less than $150 million in assets to pay $928 million promised to 14,133 […]
Most core markets finished a quiet week with limited volatility and little change. The Nikkei closed small down while the JPY set a similar trend, eventually finishing mid 111’s. A lot of the talk and discussions have been around the Hang Seng and the Chinese markets. Having just included 222 of the core Shanghai this […]
It turns out that the Grenfall tower fire may have been caused by Europe’s Global Warming regulations. To fight CO2 climate change, the EU Energy efficiency directive was passed into British law by the Blair Government back in 2010. The directive imposed energy efficiency to be applied to buildings. They were directed to place cladding on the outside of the […]
Despite having Hollywood, Google, Mainstream Media, and countless violent activists, the Democrats still can’t beat Trump. They just do not comprehend what is going on. There have been four congressional special elections this year where Democrats and Republicans have gone head-to-head. The Democrats have lost every one. Even the Georgia election, which was not a […]
Junk Science is the real crisis we face as so many people think that Global Warming is caused by man and Co2. Of course, those who really believe this is the problem that will destroy the world perhaps should just commit suicide and take the dog with them. Since we exhale Co2 that would reduce […]
The oil price to continues to unsettle markets and had a particularly heavy influence on European markets yesterday. US held in well but Asia looks to be turning over as we progress through the week. The ASX bounced (+0.7%) from yesterdays lows as the AUD played around unchanged levels (0.755), even as the NZD continued […]
QUESTION: Mr. Armstrong; I watched your movie the Forecaster with great interest. I then watched the Showtime interview of Putin by Oliver Stone. It suddenly struck me that he stated that U.S. intelligence agencies, interfered in the Russian 2000 election. That is why they blocked your movie from appearing in the United States when it was on TV […]
The research group, Just Facts, has released a study at post election polling from the 2008 elections that put Obama in the White House. The data has led to the conclusion that the number of noncitizens voting illegally in U.S. elections is far greater than previous estimates. The new number is 5.7 million illegal aliens voted based […]
QUESTION: Marty; Does Hillary still have her security clearance despite what she did? Is that true? ANSWER: Believe it or not, the answer is YES. However, the State Department has opened a formal inquiry into whether former Secretary of State Hillary Clinton and her aides mishandled classified information. Comey testified that she and her aides were […]
The continued decline in commodity prices and specifically energy (Libya and Nigeria back on track) weighted both on the A$ (-0.4%) and the ASX (-1.6%). Banks, Energy, Financials and Industrials were all under pressure as Asia moved almost in favour of China. China Blue Chips hit a 18 months high after the inclusion into the […]
